Wiseasy Announces Qualcomm Investment

Company15 Mar 2024


March 15, 2024, Singapore - Wiseasy, a frontrunner in payment innovation, has recently celebrated a financial milestone in launching its Series C funding round. Having Qualcomm Ventures, the investment arm of Qualcomm Incorporated, as its leading investor sets the stage for a new wave of innovation that will explore new avenues in payment solutions and on-device AI technologies.

Headquartered in Singapore, Wiseasy provides end-to-end payment solutions to banks, payment service providers, fintech companies, and mobile operators in 114 countries and economies globally. Its business covers different areas such as smart payment terminals, payment software, and cloud computing payment gateways. Recently, at the Annual National Retail Federation's Trade Show in New York (NRF 2024) Wiseasy released its first On-device AI payment terminal called 'pi' (π) powered by the Qualcomm QCS6490 chipset.

This investment will strengthen Wiseasy's technology innovation, global market development, and future pay-tech strategy. As a distinguished Singaporean enterprise, Wiseasy draws strength from Singapore's innovative spirit and dynamic business environment. Equipped with aggressive global expansion plans, Wiseasy is on a mission to assert its leadership in the payments technology sector, supported by Qualcomm's investment, which epitomizes trust, innovation, and a shared commitment to transforming payment technologies worldwide.

Source:  Fintech World Post | Fox News | Tech Times SG | DC News now | Technology today | KSNT Busines (U.S) | Kalkine Media | Malaysia Industry Insider | Middle East Tech Today | Brazil Industry today | Nasdaq News today


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