MC Payment Limited has announced that it is listed on the Singapore Exchange (SGX) Catalyst. This is the first time for a digital payment company.
With the listing of MC Payment Limited, the market capitalization will be approximately S $ 139 million and the total number of companies listed on the Catalyst will be 218, bringing the total market capitalization to approximately S $ 11.0 billion.
Headquartered in Singapore, MC Payment Limited is a fintech startup that provides merchant payment and digital commerce-enabled services, with a focus on serving customers who are merchants in the retail, transportation, food and beverage industries.
MC Payment Limited operates in various regions of Southeast Asia: Malaysia, Indonesia and Thailand.
Anthony Koh, Chief Executive Officer of MC Payment Limited, said:
“As the first digital payments company to be listed on SGX, we are off to an exciting start today in the new growth chapter of MC Payments.
Our list is at the right time, as digital payments in the region are skyrocketing amid an increase in online transactions, following the secure distance measures imposed by the outbreak of Covid-19. .. “
Mohammed Nacelle Smile, Global Head of Equity Capital Markets at SGX, said:
“We welcome the listing of MC Payment Limited on the SGX Catalyst and are pleased to support the growth ambitions of Singapore’s self-developed technology companies.
MC Payment is in a position to leverage the status of SGX’s funding platform and Singapore’s Technology Hub as a starting point for the region as a payment processing platform with infrastructure developed throughout Southeast Asia and the required licenses. “
Featured Image Credits: SGX
MC Payments Listed on Singapore Exchange Catalyst
Source link MC Payments Listed on Singapore Exchange Catalyst