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The firms have worked together since 2019 to serve mutual clients on the automation and digitision of hedging processes.
James Hickman will join the firm in September, as the payments fintech expects to report growth of 129% over the first half of 2021.
Funding Societies’ services will now include digital card and non-card payments, which it sees as highly relevant in the drive by small and medium-sized firms (SMEs) to digitise in Southeast Asia.
The Singapore-based payments fintech has agreed to acquire Socash, to explore expansion into new territory.
Trends such as mobile wallets and BNPL are contributing to the uptake of digital payments in the region, 2C2P’s CEO believes.
The move enables Thunes to strengthen its compliance processes with evolving anti-money laundering regulation.