What is 2C2P?
Founded in 2003 and headquartered in Singapore, 2C2P operates as a comprehensive payment services provider. The company facilitates seamless connections between e-commerce and m-commerce merchants and various financial institutions, offering a robust platform to manage digital transactions. Its services are crucial for businesses looking to expand their online payment capabilities and reach a wider customer base in the rapidly evolving digital economy.
How much funding has 2C2P raised?
2C2P has raised a total of $70M across 5 funding rounds:
Series A
$1M
Series B
$2M
Series C
$7M
Series E
$52M
Series D
$8M
Series A (2011): $1M with participation from Cento Ventures
Series B (2014): $2M led by GMO Payment Gateway
Series C (2015): $7M supported by GMO VenturePartners and Amun Capital
Series E (2019): $52M featuring International Finance, Cento Ventures, and Arbor Ventures
Series D (2021): $8M, investors not publicly disclosed
Key Investors in 2C2P
Cento Ventures
Cento Ventures is a venture capital firm that specializes in early-stage startups, focusing on tech solutions that address regional market demands in Southeast Asia. The firm partners with visionary founders to support their entrepreneurial journeys and enhance their business models, particularly through digital financial services.
GMO Payment Gateway
GMO-PG provides comprehensive payment-related and financial services to over 150,000 merchants including online operators, NHK, National Tax Agency and, the Tokyo Metropolitan Government GMO-PG's annual transaction value exceeds ¥6.4 trillion (GMO-PG consolidated companies total, as of end-December, 2020) mainly from providing payment processing services, in addition to value-added services to contribute to the merchant's growth and payment methods and funding that utilize financial technology.
International Finance
International Finance Corporation operates as a multilateral financial institution dedicated to mobilizing capital and expertise for sustainable development across emerging markets. The organization provides comprehensive financial solutions that combine investment capital, strategic advisory services, and sophisticated asset management capabilities to support private sector growth and infrastructure development in developing economies.
What's next for 2C2P?
The substantial enterprise-level funding and the recent strategic investment signal a strong growth trajectory for 2C2P. This capital infusion is likely to fuel further expansion into new markets, enhance its technological infrastructure, and potentially drive strategic acquisitions. The company is well-positioned to capitalize on the increasing demand for digital payment solutions across Southeast Asia and beyond, reinforcing its role as a key player in the fintech landscape.
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