MatchMove’s platform provides embedded financial services, such as banking-in-an-app, powered by APIs, to help enterprise firms offer richer services to their SME customers. Shopmatic offers small businesses an ecommerce presence, complete with chat, social media, a webstore and automated access to the emarketplaces.
The combined company will allow MatchMove to provide its Banking-as-a-Service capabilities to Shopmatic’s ecosystem of a million ecommerce SME customers. This deal is the first in a series of planned acquisitions for MatchMove to create an end-to-end service for companies in Southeast Asia aiming to digitalise their offerings.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now