Blockchain firm WadzPay secures $36m investment commitment from GEM

WadzPay Worldwide, a blockchain solutions provider based in Singapore, has secured a SGD 50 million ($36.7 million) capital commitment from GEM Global Yield. This investment will enable WadzPay to purchase ordinary shares from GEM following a successful public listing over the next 36 months. The funds will support WadzPay's growth strategy through acquisitions, partnerships, and organic initiatives. Founded in 2018, WadzPay offers Software-as-a-Service (SaaS) solutions for virtual asset transaction processing across various sectors globally. CEO Anish Jain emphasizes that this support will enhance WadzPay's expansion and listing efforts. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: FinTech Futures » FinTech Futures