GMO Payment Gateway invests USD 3m in Helicap’s flagship credit fund
Helicap Group announced that GMO Payment Gateway, a leading provider of payment and financial-related services under the GMO Internet…
Helicap Group announced that GMO Payment Gateway, a leading provider of payment and financial-related services under the GMO Internet Group, has made a USD 3 million investment in Helicap’s flagship credit fund managed by Helicap Investments, a regulated subsidiary of the Helicap Group. The investment was executed through GMO-PG’s Singapore-based subsidiary, GMO-Z.COM PAYMENT GATEWAY PTE. LTD.
A Partnership to Bridge Southeast Asia’s Funding Gap
In the first half of 2024, FinTech startups in Southeast Asia secured a notable USD 899.3 million in funding, highlighting the region’s enduring appeal amidst global economic headwinds.
This demonstrates the sector’s resilience, fueled by Southeast Asia’s strong demand for innovative financial solutions as traditional services evolve to meet modern needs. Helicap, together with its regulated subsidiaries, aims to address the region’s USD 500 billion funding gap.
This period marks the rise of key players leveraging technology to build scalable, inclusive financial services, solidifying Southeast Asia as a thriving FinTech hub. This latest investment from GMO-PG underscores their commitment to supporting innovative FinTech solutions and aligning with Helicap’s vision of driving financial inclusion in underserved markets.
Through this partnership, Helicap will continue to empower FinTech companies that are transforming the financial landscape of Southeast Asia, while opening doors to new business opportunities in markets that remain untapped.
Please follow us to read more about Finance & FinTech in Japan, like hundreds of readers do every day. We invite you to also register for our short weekly digest, the “Japan FinTech Observer”, on Medium, on LinkedIn, or on Substack.
We also provide a daily short-form Japan FinTech Observer news podcast, available via its Podcast Page. Our global Finance & FinTech Podcast, “eXponential Finance” is available through its own LinkedIn newsletter, or via its Podcast Page.
Should you live in Tokyo, or just pass through, please also join our meetup. In any case, our YouTube channel and LinkedIn page are there for you as well.
