Southeast Asia’s Paypal gets another round of funding from GMO Global Payment Fund

2C2P, a Bangkok-based online payment processing company, has secured an undisclosed amount of funding from GMO Global Payment Fund, a sister company of GMO Payment Gateway, which also invested US$500,000 into the startup late last year. This investment aligns with the GMO Payment Gateway’s latest move to partner 2C2P as it expands into Thailand. Ryu Muramatsu, director and founding partner of GMO Venture Partners, explained the reasoning behind the latest round to Tech in Asia:

http://www.techinasia.com/southeast-asias-version-paypal-funding-gmo-global-payment-fund/

GMO Payment Gateway partners with 2C2P to launch in Thailand

Today, GMO Internet Group‘s online payment service provider, GMO Payment Gateway Inc. (TSE1:3769), has announced the Thai launch of its global payment processing service, GMO-PG Global Payment, in partnership with regional epayment gateway, 2C2P. This marks the fifth overseas entity for the Japan-based company after Singapore, Hong Kong, Malaysia and Taiwan.

http://www.techinasia.com/gmo-pg-launches-thailand-partnership-2c2p/