The Business Times
The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

SUBSCRIBERS

AMTD Digital eyes controlling stake in Singapore fintech FOMO Pay

Its move in Republic's fintech industry comes after its acquisitions of PolicyPal and CapBridge in June

Published Mon, Jul 6, 2020 · 09:50 PM
Share this article.

Singapore

AMTD Digital is looking to acquire a controlling stake in Singapore-based one-stop Quick Response (QR) code payment aggregator and payment gateway provider FOMO Pay, the two companies announced in a joint statement on Monday.

The deal is subject to approval from the Monetary Authority of Singapore, said FOMO Pay and AMTD Digital, the digital solutions platform of Hong Kong-based financial institution and Singapore digital-bank hopeful AMTD Group.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Banking & Finance

newspaper iconPurchase this articleshopping cart icon

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here