Wadzpay, a leading digital payments platform, has recently announced some exciting news that is sure to shake up the fintech industry. In this blog post, we’ll take a closer look at the news about Wadzpay, what it means for the company and its customers, and what we can expect in the future. (Need to know how to buy? Go here.
Wadzpay is a fintech startup that was founded in 2018 with the mission of making digital payments simpler, faster, and more secure. The company provides a range of services to both merchants and consumers, including digital wallets, payment processing, and remittance services.
Now, Wadzpay has announced that it has secured $20 million in funding in a Series A round led by European venture capital firm, EQT Ventures. The funding round also saw participation from existing investors, including Beenext, Qualgro, and Partech.
This funding is a significant milestone for Wadzpay and demonstrates the confidence that investors have in the company’s ability to transform the digital payments landscape. With this funding, Wadzpay plans to expand its operations across Asia, Europe, and the Middle East.
In addition to the funding news, Wadzpay has also announced that it has appointed a new CEO, Gaurav Mohindra. Mr. Mohindra is a seasoned fintech executive with over two decades of experience in the industry. He has previously held senior leadership positions at companies such as Mastercard and PayU.
Mr. Mohindra’s appointment is a strategic move by Wadzpay to further strengthen its leadership team and accelerate its growth plans. In a statement, Mr. Mohindra said, “Wadzpay has already made significant strides in the digital payments space, and I’m excited to be part of this journey. With the support of our investors and the talented team at Wadzpay, we’re well-positioned to capitalize on the enormous opportunities in the digital payments market.”
So, what does all of this news mean for Wadzpay’s customers? For merchants, it means that they can expect even more innovative and efficient payment solutions in the future. With the company’s expansion plans, merchants in more regions will be able to access Wadzpay’s services, making it easier for them to conduct transactions online.
For consumers, it means that they can continue to expect fast, secure, and convenient payment options when using Wadzpay’s digital wallet. The company has already established partnerships with several leading merchants, including Amazon, Lazada, and Zalora, and this new funding will enable Wadzpay to expand its partnerships even further.
In conclusion, the news about Wadzpay is a clear indication of the company’s success in the digital payments space. With the backing of a major investor like EQT Ventures and the appointment of a seasoned CEO like Gaurav Mohindra, Wadzpay is poised for continued growth and success in the future. As the company expands its operations across new regions, merchants and consumers can expect even more innovative and efficient payment solutions from Wadzpay.