PayMate expands footprint across APAC to offer B2B payments solutions

By Gloria Mathias

PayMate, a digital business-to-business (B2B) payments company, has launched operations in Singapore, Malaysia, and Australia, marking its global growth journey.

The announcement comes ahead of the Singapore FinTech Festival, where PayMate will showcase its offerings & solutions.

In under a year, PayMate has incorporated subsidiaries in the APAC and CEMEA markets and is making substantial progress in strengthening its presence across these regions. This demonstrates PayMate’s commitment to providing customised digital payment solutions to meet each market’s unique needs. In Australia and South Africa, the company is incorporated under the trade name, mark, and style “DuNoMo”, as a wholly owned subsidiary of PayMate.

Ajay Adiseshan, Founder & CEO, PayMate said, “We are delighted to introduce PayMate’s innovative B2B payment solutions in Singapore, Malaysia, and Australia. Our rapid expansion into these countries highlights our commitment to enabling frictionless and highly secure B2B transactions for enterprises. We look forward to contributing to the thriving FinTech ecosystems in these markets and to collaborating with local partners to drive the digital transformation of B2B payments.”

The company is also evaluating potential expansion opportunities in Vietnam, Thailand, the Philippines, Hong Kong, and New Zealand, as these markets offer promising avenues for growth.

Amirreza Sawal, General Manager, APAC, PayMate, shared, “PayMate is committed to expanding its footprint in the APAC regions, delivering local businesses with the means to elevate supply chain payments, minimise expenses, and optimise working capital. Our versatile APIs offer effortless integration with third-party functionalities, fostering innovation, scalability, and a competitive advantage. These B2B Payments APIs transcend industry boundaries, serving as an adaptable solution across diverse sectors.”

Going forward, the company is strongly focusing on forging new partnerships to reach small, medium, and large enterprises globally and offering them innovative and efficient B2B payment solutions to enhance operational efficiency, accelerate growth, and improve financial management.