**TOKYO – February 22, 2023 –** OPN Holdings (OPN), the one-stop financial solutions company, today announced that it had established a new development center in Hanoi, Vietnam.

Operating under the brand name of Opn, OPN develops and provides innovative fintech solutions that are used by more than 22,000 enterprises and small and medium-sized businesses around the world. The company’s offerings include a one-stop online payment platform, Opn Payments, embedded financial solutions tailored to the needs of customers, and Opn Tag, which creates contactless digital touchpoints, as well as digital wallets utilizing blockchain technology. In addition, OPN offers DX consulting services, Opn Pro. 

The new Hanoi development center joins the existing network of OPN’s development bases in Japan, Thailand, Bulgaria, and the United States. In Vietnam, a team of approximately 40 is leading the development of a wide range of solutions, including a digital wallet for an automotive manufacturer, a driving diagnostics app for an insurance company, and a mobile app for a retailer. Strengthened engineering resources will help OPN accelerate hyperlocalization of its solutions and expand the lineup of its products and services that create new value for customers.

As a product-driven company, OPN continues to pursue its mission of providing a seamless and borderless digital finance experience for people and businesses through agile product development. The company’s diverse workforce of approximately 30 nationalities focuses on providing hyperlocalized solutions and customer support in Japan, Thailand, Indonesia, Malaysia, Singapore, Vietnam, and the United States. 

OPN will continue to strive to develop pioneering solutions to ultimately deliver on its vision of realizing “access to the digital economy for everyone."


### About Opn

Founded in 2013, Opn specializes in one-stop online payment and digital transformation solutions used by thousands of merchants and businesses around the world, operating from Japan, Southeast Asia and the U.S. The company is a leader in payments in the Asia-Pacific region and a top 25 provider of payment processing in the U.S. Guided by a vision of enabling access to the digital economy for everyone, Opn connects people, businesses and society in innovative ways to provide open access to a growing economic ecosystem. Privately-held Opn’s major shareholders include Toyota Financial Services Corporation, the financial services arm of Toyota Motor Corporation, and SCB 10X, the venture capital arm of Siam Commercial Bank. Visit [our website](https://www.opn.ooo/) for more information.

OPN Holdings (OPN), the one-stop financial solutions company, today announced that it had established a new development center in Hanoi, Vietnam.

Opn Launches Development Hub in Vietnam

**TOKYO – February 13, 2023 –** Opn, the one-stop financial solutions company, today began offering PayPay as an online payment option for Opn Payments’ merchant network in Japan. 

The new integration with PayPay, whose payment service boasts over 53 million users,* enables a simple and speedy online checkout – a quick scan of a QR code on the payment page with the PayPay mobile app eliminates the manual entry of payment information. 

Opn Payments’ expanded capability not only elevates the online shopping experience for consumers but also benefits merchants. Opn’s dynamic QR code technology allows merchants to streamline their operations workflow by eliminating the need for manual reporting and reconciliation of each transaction.

“We are delighted to support the business growth of Opn Payments’ customers in Japan through the introduction of PayPay as a payment method. The addition of the widely-used mobile payment service also contributes to a more inclusive fintech infrastructure in line with our vision of enabling access to the digital economy for everyone,” said Maxim Rokhline, Chief Product Officer of Opn. 

 The addition of PayPay underscores Opn’s commitment to making digital finance seamless and borderless for both people and businesses. Opn Payments currently supports over 60 payment methods in Japan and Southeast Asia.


*as of December 2022


### About Opn

Founded in 2013, Opn specializes in one-stop online payment and digital transformation solutions used by thousands of merchants and businesses around the world, operating from Japan, Southeast Asia and the U.S. The company is a leader in payments in the Asia-Pacific region and a top 25 provider of payment processing in the U.S. Guided by a vision of enabling access to the digital economy for everyone, Opn connects people, businesses and society in innovative ways to provide open access to a growing economic ecosystem. Privately-held Opn’s major shareholders include Toyota Financial Services Corporation, the financial services arm of Toyota Motor Corporation, and SCB 10X, the venture capital arm of Siam Commercial Bank. Visit [our website](https://www.opn.ooo/jp-en) for more information.


Opn, the one-stop financial solutions company, today began offering PayPay as an online payment option for Opn Payments’ merchant network in Japan. 

Opn Payments Adds PayPay in Japan

**TOKYO – January 18, 2023 –** Opn, the global one-stop payments solutions company, today announced that its parent company, SYNQA Co., Ltd. (“SYNQA”), has changed its registered name to OPN Holdings Co., Ltd.

[SYNQA rebranded to Opn](https://www.opn.ooo/th-en/news/synqa-rebrands-to-opn) in May 2022 to better reflect the company’s strategic vision and bold purpose of enabling access to the digital economy for everyone, underscoring the company’s commitment to making payments seamless and borderless for both people and business. In line with the rebranding, Opn [also changed the name of its payment gateway](https://www.opn.ooo/th-en/news/rebrand-omise-to-opn-payments), Omise, to Opn Payments.

The change of the registered name solidifies the company’s unified identity as Opn, as it accelerates its transformation into an end-to-end fintech solutions provider and continues to expand its international presence. 

Opn and group company MerchantE, a top 25 provider of payment processing in the U.S., processes over US$20 billion in payments for over 22,000 businesses as of today, across seven countries.


### About Opn

Founded in 2013, Opn specializes in one-stop online payment and digital transformation solutions used by thousands of merchants and businesses around the world, operating from Japan, Southeast Asia and the U.S. The company is a leader in payments in the Asia-Pacific region and a top 25 provider of payment processing in the U.S. Guided by a vision of enabling access to the digital economy for everyone, Opn connects people, businesses and society in innovative ways to provide open access to a growing economic ecosystem. Privately-held Opn’s major shareholders include Toyota Financial Services Corporation, the financial services arm of Toyota Motor Corporation, and SCB 10X, the venture capital arm of Siam Commercial Bank. Visit [our website](https://www.opn.ooo) for more information.

Opn announced that its parent company, SYNQA Co., Ltd. (“SYNQA”), has changed its registered name to OPN Holdings Co., Ltd.

SYNQA Changes Name to OPN Holdings

**TOKYO and BANGKOK – December 22, 2022** – Opn, the global one-stop payment solutions provider, and JCB International Co., Ltd., the international subsidiary of JCB Co., Ltd., Japan’s only international credit card brand, announced that they have partnered to add JCB’s acquiring and processing capabilities to Opn’s payments offering in Thailand. This collaboration enables Opn to further streamline payments for its merchants while also expanding its product offering beyond merchant services into the acquiring-as-a-service vertical.
![opn-partners-with-jcb.png](https://opn-website-cms-assets.production-internal.opn.dev/public/opn_partners_with_jcb_1a7f4e9e83.png)
_**In this photo:** **Jitsupa Cheowit** Country manager at Opn, **Ezra Don Harinsut** Co-founder and President of Opn, **Ryo Morita** Managing Director, JCB International (Thailand), and **Piyasuda Archasantisuk** Head of Merchant Acquiring Business, JCB International (Thailand)_
 
Merchants currently processing payments through Opn Payments will benefit from enhanced service stability and a more efficient and streamlined operations workflow. Opn is now able to provide acquiring and payment processing services to businesses of all sizes, including licensed financial institutions and other payment service providers (PSPs) looking to enter the Thai market.
 
Opn was granted the acquiring license, as JCB extends this service to large payments companies that offer services that cover all aspects of payment acceptance processing, including but not limited to risk underwriting, credit management and payment collection. The development underscores Opn’s commitment to making payments seamless and borderless for both people and businesses. 
 
The strategic partnership also aims to harness synergies between Opn and JCB and includes the establishment of card issuing solutions by utilizing competitive and advanced fintech technology. 
 
In celebration of this milestone, Opn and JCB have partnered with fashion and lifestyle brands to launch co-promotional campaigns that will run between December 2022 and February 2023.


### About Opn

Founded in 2013, Opn specializes in one-stop online payment and digital transformation solutions used by thousands of merchants and businesses around the world, operating from Japan, Southeast Asia and the U.S. The company is a leader in payments in the Asia-Pacific region and a top 25 provider of payment processing in the U.S. Guided by a vision of enabling access to the digital economy for everyone, Opn connects people, businesses and society in innovative ways to provide open access to a growing economic ecosystem. Privately-held Opn’s major shareholders include Toyota Financial Services Corporation, the financial services arm of Toyota Motor Corporation, and SCB 10X, the venture capital arm of Siam Commercial Bank. Visit [www.opn.ooo](https://www.opn.ooo/th-en) for more information.

### About JCB

JCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 41 million merchants around the world. JCB Cards are issued mainly in Asian countries and territories, with more than 150 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase its merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, please visit: [www.global.jcb/en](https://www.global.jcb/en)

Opn, the global one-stop payment solutions provider, and JCB International Co., Ltd., the international subsidiary of JCB Co., Ltd., Japan’s only international credit card brand, announced that they have partnered to add JCB’s acquiring and processing capabilities to Opn’s payments offering in Thailand.

Opn and JCB Partner to Add JCB’s Acquiring and Processing Capabilities to Opn’s Payments Offering in Thailand

_With our entry into the US this year, Opn is now available in seven countries, including Japan, Thailand, Indonesia, Malaysia, Singapore, and Vietnam._ 

As a one-stop payments solutions provider, businesses of all sizes and in any industry that use Opn’s products, are able to easily accept payments, make payouts, issue virtual cards, leverage new sources of growth through our range of banking products and value added services, and also customize payment technology solutions to suit their unique business needs, through our professional consulting services. 

Opn began in 2013 with one product that helped merchants accept payments – a payment gateway. Today, the company offers a full range of financial tools for businesses seeking to generate more revenue and have more control over their financial operations and reach. 
![Facebook post - 1.png](https://opn-website-cms-assets.production-internal.opn.dev/public/Facebook_post_1_6c5da8afce.png)

In a recent press briefing with the Thai media [read more](https://www.bangkokpost.com/business/2456324/opn-sets-sights-on-becoming-global-payment-firm), Ezra Don Harinsut, Co-founder and President of Opn mentioned the company’s intention to become a true end-to-end, global leader in borderless and seamless payments technology. The company will roll out more products and services in 2023 as it continues to work towards its vision of providing access to the digital economy for people and businesses. 

In Thailand, an emerging market ripe with growth opportunities, Opn works across multiple verticals, with clients including True, the leading telco in Thailand, Pomelo, a well known fashion brand throughout Southeast Asia, and Roo Jai, a popular and fast growing online insurance company. 

The plan for 2023 is to deepen our vertical penetration in the Thai market. Leveraging our close working relationship with customers and based on their feedback, we will develop solutions to better support key verticals such as the insurance industry. Opn will also boost support to merchants who seek to be PCI DSS compliant and require technical support. 

Following our [rebrand](https://www.opn.ooo/th-en/news/rebrand-omise-to-opn-payments/) from Omise to Opn and [acquisition of MerchantE](https://www.opn.ooo/th-en/news/opn-enters-us-market-with-acquisition-of-merchante/), Opn is now one of the leaders in payments in the Asia-Pacific region and the top 25 provider of payment processing in the U.S. In 2022, we processed over US$19B in payment volume for more than 20,000 businesses.

Despite current economic conditions, Opn will forge ahead into 2023, now with our robust front- and back-end payment technology and presence in Asia and the US. We look forward to partnering with even more merchants, helping more businesses grow, and ultimately, making digital finance seamless and borderless for everyone. 


With our entry into the US this year, Opn is now available in seven countries, including Japan, Thailand, Indonesia, Malaysia, Singapore, and Vietnam. 


Opn to become a true global leader in borderless and seamless payments technology

_MerchantE’s embedded payments platform complements Opn’s technology offering
Combined company processes over US$19B in payment volume for more than 20,000 companies_

**TOKYO and ALPHARETTA, GA – November 15, 2022** – Opn, the one-stop payments solutions company from Japan and Southeast Asia, today announced that it has acquired MerchantE, a leading end-to-end digital commerce platform that provides payment processing and solutions to businesses of all sizes in the United States. The acquisition will accelerate Opn’s growth and innovation in this significant market to create a leading global payment solutions provider.

Headquartered in Alpharetta, Georgia, MerchantE helps medium-sized and enterprise businesses grow by providing them with comprehensive payment processing capabilities needed to facilitate transactions. MerchantE’s robust backend technology strongly complements Opn’s one-stop online payment and digital transformation solutions.

With the acquisition, Opn’s global footprint now spans seven countries, including the U.S., the largest growing market for embedded finance solutions, which is expected to more than double to over US$50 billion by 2026. Together, Opn and MerchantE processed over US$19 billion in payments for over 20,000 businesses in 2022, making it a leader in payments in the Asia-Pacific region and a top 25 provider of payment processing in the U.S.

“Our acquisition of MerchantE represents a transformative step in Opn’s journey to becoming a truly global digital finance platform, underscoring our commitment to making payments seamless and borderless for both people and businesses,” said Jun Hasegawa, Founder and CEO of Opn.

“MerchantE shares our commitment to relentlessly working to develop innovative solutions that not only empower businesses to grow, but also makes the payment process frictionless for our customers. Through this acquisition, we are doubling down on this commitment to the customers we serve and intend to continue expanding our global presence to better meet them where they need us. I am confident that MerchantE and Opn will create a strong partnership together, and I am pleased to welcome the MerchantE team to our combined company.”

Ezra Don Harinsut, Opn’s Co-founder and President, said, “Combining our leading position in payments across Southeast Asia and Japan with MerchantE’s robust backend technology will allow us to immediately accelerate our growth by empowering businesses of all sizes with the tools they need to rapidly grow their customer bases. We are also extremely excited to work with the talented team at MerchantE to grow our combined business and accelerate Opn’s next stage of international growth.”

MerchantE CEO Sergi Herrero added, “We are equally excited to embark on this new journey with Opn and see tremendous opportunity to realize the meaningful benefits of this transaction as we increase our presence in the embedded payments market. MerchantE will continue to pursue its current product roadmap, and this combination with Opn will help bring our valuable technology to many new customers, positioning us for success in a fast-growing market. Today’s news is a testament to the hard work of our employees, and I congratulate them on this incredible achievement.”

Together, Opn and MerchantE provide digital finance solutions to some of the largest companies in the world, ranging from leading integrated cloud business software platform Oracle NetSuite and e-commerce platform Magento, to one of Southeast Asia’s largest e-wallets, TrueMoney and Toyota Financial Services, the finance arm of the world’s largest car company.

Opn will remain headquartered in Tokyo, and MerchantE will retain its existing headquarters in Alpharetta, Georgia, while continuing to operate under its own brand. Over time, the two organizations will identify and execute opportunities to share technology and best practices, as well as jointly develop new offerings.
 
### About Opn

Founded in 2013, Opn specializes in one-stop online payment and digital transformation solutions used by thousands of merchants and businesses around the world, operating from Japan, Southeast Asia and the U.S. The company is a leader in payments in the Asia-Pacific region and a top 25 provider of payment processing in the U.S. Guided by a vision of enabling access to the digital economy for everyone, Opn connects people, businesses and society in innovative ways to provide open access to a growing economic ecosystem. Privately-held Opn’s major shareholders include Toyota Financial Services Corporation, the financial services arm of Toyota Motor Corporation, and SCB 10X, the venture capital arm of Siam Commercial Bank. Visit our [website](https://www.opn.ooo/) for more information.

### About MerchantE

MerchantE is a leading payments and commerce solutions provider focused on addressing the complex needs of mid-market B2B customers. The company is a full-stack payments platform with front- and back-end processing capabilities and direct connectivity to major card brands. It is a top 25 provider of payment processing in the U.S. For more information on MerchantE please visit [www.merchante.com/](https://www.merchante.com/)

The acquisition will accelerate Opn’s growth and innovation in this significant market to create a leading global payment solutions provider.

Opn Enters U.S. Market with Acquisition of MerchantE, Creating a Leading Global Payment Solutions Company

**TOKYO — October 26, 2022** — Opn, the one-stop payment solutions company from Japan and Southeast Asia, announced a new integration with Google Pay. With Google Pay as a payment option for Opn Payments’ merchant network, businesses of all sizes will be able to accept cash-free payments seamlessly while giving their customers a secure, simple and fast shopping experience. 
 
The addition of Google Pay brings payment methods supported by Opn to over 50, as the company continues to deliver on its mission of making the fintech experience even more seamless and borderless. 

“We are thrilled to add Google Pay to our universal payment gateway. As a regional specialist in payments acquiring, we recognize the importance of focusing on the customer experience at checkout. By adding Google Pay, we are offering merchants and their customers with one of the best and most secure payment methods available,” said Maxim Rokhline, Chief Product Officer of Opn. 

Opn’s differentiated capability to provide hyper-localized fintech solutions tailored to the needs of each market, together with its focus on continuing to enhance customer experience, enables its more than 7,000 merchants across Southeast Asia and Japan to attract more customers to further grow their businesses.

The addition of Google Pay enables Opn Payments to provide the tools needed for brands to build a liquid, inclusive payments infrastructure. 


### About Opn

Opn, which was rebranded from SYNQA, is a company founded in 2013 from Japan and Asia. Opn specializes in one-stop online payment solutions and digital transformation solutions. Opn connects people, businesses and society in innovative ways to provide fair and open access to a growing economic ecosystem under its vision of enabling access to the digital economy for everyone. Its services are used by thousands of merchants and businesses around the world. Visit [www.opn.ooo](www.opn.ooo) for more information.

### About Opn Payments
 
Established in 2013, Opn Payments (formerly Omise) is a payments platform which provides businesses with modern end-to-end infrastructure to accept, process and disburse payments online. With Opn Payments, merchants have access to powerful payment tools, comprehensive risk management solutions, as well as connection to card networks and 50+ preferred payment methods. Opn Payments enables revenue growth and seamless payment experiences across online, in-store, and in-app.
 
Opn Payments is the trusted payments partner of over 7,000 brands across Thailand, Japan, Singapore and Malaysia. For more information, please visit [www.opn.ooo](www.opn.ooo)

Opn, the one-stop payment solutions company from Japan and Southeast Asia, announced a new integration with Google Pay.

Opn Adds Google Pay to Power Quick, Secure Digital Payments Across Asia

TOKYO – August 23, 2022 - Opn, the one-stop payment solutions company from Japan and Southeast Asia, announced today that it has changed the name of its payment gateway, Omise, to “Opn Payments.” 
Along with the name change, the company unveiled a new visual identity for Opn Payments, underscoring the transformation of its renewed strategy under the Opn brand to develop innovative solutions that will make the fintech experience even more seamless and borderless.



<img src="https://opn-website-cms-assets.production-internal.opn.dev/public/opn_payment_content_fbd6f01e82.png" />

Since launching in 2013, Omise has evolved from a payment gateway serving online merchants in Thailand to a regional payments embedded fintech platform serving over 7,000 merchants across six countries. 
Opn will continue offering merchants new ways to access digital payment services, and allow marketplaces and platforms to embed payment capabilities such as payment monetization and branded card issuing in the near future.

<h2>About Opn</h2>
Opn, which was rebranded from SYNQA, is a company founded in 2013 from Japan and Asia. Opn specializes in one-stop online payment solutions and digital transformation solutions. Opn connects people, businesses and society in innovative ways to provide fair and open access to a growing economic ecosystem under its vision of enabling access to the digital economy for everyone. Its services are used by thousands of merchants and businesses around the world. Visit <a href="/">www.opn.ooo</a> for more information.

Opn, the one-stop payment solutions company from Japan and Southeast Asia, announced today that it has changed the name of its payment gateway, Omise, to “Opn Payments.”

Opn Announces Name Change of Omise to ‘Opn Payments’

TOKYO – June 28, 2022 – Opn, the one-stop payment solutions company from Japan and Southeast Asia, announced today that Chris Misner, the former Apple Inc. (“Apple”) and Roblox Corporation (“Roblox”) executive, has joined Opn’s board of directors.

Jun Hasegawa, Founder and CEO of Opn, said, “Chris has a proven track record of building and rapidly expanding businesses, including his experience building Apple’s Online Store in Asia to the juggernaut it is today, to expanding Roblox’s audience globally, making it one of the world’s largest entertainment platforms. It’s important for us to have great leaders on our board as we expand our payment solutions reach to global markets, and Chris has direct experience both growing businesses internationally and solving complex problems. I look forward to learning from Chris, as we continue working towards our vision of providing access to the digital economy for everyone.”


Misner recently served as President of Roblox International, where he expanded the online platform from US-focused in English-only to a global presence in all the major languages.
Prior to that, he served as General Manager of Asia Pacific of Apple Online Store, where during his tenure he led Apple’s e-commerce business to more than 100x growth across the region, catapulting it to one of the world’s largest online retailers.

“Opn has a proven product that is seamless and borderless, and its solutions can help merchants of all sizes grow their business – from a large enterprise to a neighborhood coffee shop. Opn is that rare company that solves complex issues for its customers by obsessing over user experience. I look forward to working with both Jun and the board on its next stage of growth,” said Misner.

Misner has also served as a Senior Advisor at Endeavor Global, a global non-profit organization that supports and accelerates high-impact entrepreneurs globally. In this role, he mentors high-impact entrepreneurs, helping them build sustainable businesses that create large-scale wealth and jobs. He began his career at Netscape Communications Corporation and also held executive roles at venture-funded startups Backflip, Inc. and Good Technology, Inc.

Opn’s other external directors include representatives from Toyota Financial Services Corporation, the financial services arm of Toyota Motor Corporation, and SCB 10x, the venture capital arm of Siam Commercial Bank.

Opn last month announced the <a href="/th-en/news/synqa-rebrands-to-opn">rebrand</a> of parent company SYNQA Co., Ltd. to Opn, together with a USD 120M in <a href="/th-en/news/opn-announce-series-c-funding">Series C+ funding</a> from JIC Venture Growth Investments Co., Ltd., MUFG Bank, Ltd. and Mars Growth Capital.

<h2>About Opn</h2>

Opn, which was rebranded from SYNQA, is a company founded in 2013 from Japan and Asia. Opn specializes in one-stop online payment solutions and digital transformation solutions. Opn connects people, businesses and society in innovative ways to provide fair and open access to a growing economic ecosystem under its vision of enabling access to the digital economy for everyone. Its services are used by thousands of merchants and businesses around the world. Visit <a href="/">our website</a> for more information.

Opn, the one-stop payment solutions company from Japan and Southeast Asia, announced today that Chris Misner, the former Apple Inc. (“Apple”) and Roblox Corporation (“Roblox”) executive, has joined Opn’s board of directors'

Opn Announces Appointment of Former Apple Executive Chris Misner to Board of Directors

TOKYO – May 10, 2022 – SYNQA Co., Ltd. (“SYNQA”), the parent company of Omise Payment Holdings (“Omise”) and OPN Co., Ltd., announced today that it will be rebranding into “Opn” to better reflect the company’s strategic vision and bold purpose of enabling access to the digital economy for everyone. The new name underscores the company’s commitment to making payment seamless and borderless for both people and businesses.

“Enabling access means not only helping merchants by providing a one-stop payment solution, but also helping people by allowing them to easily connect to the online world,” said Jun Hasegawa, CEO and Founder of Opn. “At Opn, we understand that people’s daily lives revolve around payment, and the digital touchpoints that we are creating allow people and businesses to carry out their transactions seamlessly. With this rebranding to Opn, we are renewing our commitment to developing innovative fintech solutions by focusing on the customer experience and working our way backwards to relieve pain points.”

<img src="https://opn-website-cms-assets.production-internal.opn.dev/public/rebranding_cover_07317ce05d.jpg" />



Opn today also announced that it raised a total of USD 120M in Series C+ funding from a group led by JIC Venture Growth Investments Co., Ltd., MUFG Bank, Ltd., and Mars Growth Capital. (Refer to press release titled: <a href="/th-en/news/opn-announce-series-c-funding">“Opn Announces USD 120M Series C+ Funding Led by JIC VGI, MUFG Bank and Mars Growth.”</a>)

Opn has evolved to offer products and services beyond traditional finance and online payment. Through its robust payment infrastructure platform that has a successful track record in Southeast Asia and Japan, it has helped thousands of merchants of all sizes grow their businesses. Opn’s real-world touch points complement its widely-used payment platform by expanding opportunities for people and businesses.

“The new Opn represents our expanded vision starting today. We are a full funnel fintech platform which enables everyone to bypass the difficult to navigate payment experience that exists today,” said Hasegawa.

“Our solutions also support borderless commerce, so it’s only in our nature to continue to expand into new territories and enable customers beyond our core markets of Southeast Asia and Japan to use our platform. As we approach 10 years since our establishment, we remain committed more than ever to provide the world with more seamless economic activity by delivering products that are frictionless.”

The timing of the rebrand coincides with the significant transformation taking place across the organization, which has grown to nearly 500 talented associates serving our more than 7,000 merchants across six countries1. Opn has also launched a renewed website2, which provides an enhanced experience for stakeholders and will incorporate customer onboarding in the future.

Opn recently launched Opn Tag in Thailand, a platform for merchants such as restaurants and hotels that supports contactless payment and delivery through NFC3 and QR code technology. Opn intends to launch several additional global services this year, including Opn Mint, allowing businesses to easily create NFTs for their brand, Opn Store, allowing people and businesses to create online stores with payment and fulfillment fully integrated4, and a digital wallet, allowing businesses to integrate eWallet onto their platforms to increase customer engagement.

<h2>About Opn</h2>

Opn, which was rebranded from SYNQA, is a company founded in 2013 with expertise in Asia. Opn specializes in online payment, blockchain technology for fintech applications and digital transformation solutions. Opn connects people, businesses and society in innovative ways that spread the wealth of financial opportunity and provide fair and open access to a growing economic ecosystem under its vision of enabling access to the digital economy for everyone. Opn is powered by its payment infrastructure sister company, Omise Payment Holdings, which provides one-stop online payment solutions. Its services are used by thousands of merchants and businesses around the world. Visit our website for more information: <a href="/">https://www.opn.ooo/</a>

SYNQA Co., Ltd. (“SYNQA”), the parent company of Omise Payment Holdings (“Omise”) and OPN Co., Ltd., announced today that it will be rebranding into “Opn” to better reflect the company’s strategic vision and bold purpose of enabling access to the digital economy for everyone

1. Based on company data as of May 9, 2022
2. Opn’s renewed website can be accessed at the following URL: [https://www.opn.ooo/](/)
3. Refers to Near Field Communication (NFC), which is a common feature on iOS and Android devices
4. Fulfillment will only be available in Thailand at time of launch

Note: Omise’s payment services will continue operating under the Omise name. Opn products and services are powered by Omise’ payment infrastructure.

SYNQA Rebrands to Opn to Support Strategic Vision and Accelerated Global Aspirations

TOKYO – May 10, 2022 – Opn announced today that it raised a total of USD 120M in Series C+ funding from JIC Venture Growth Investments Co., Ltd.1 (“JIC VGI”), MUFG Bank, Ltd. (“MUFG Bank”)2 and Mars Growth Capital (“Mars Growth”)3.

This brings the total capital raised to over USD 222M to date, placing it in a robust position to continue developing its innovative services and products for people and businesses of all sizes. 

Opn, the leading one-stop payment and embedded fintech solutions company from Southeast Asia and Japan, will utilize the funds to continue scaling its business and expanding into new geographies.

<img src="https://opn-website-cms-assets.production-internal.opn.dev/public/capital_raise_cover_fd8395eb15.jpg" alt="Capital raise" />



Jun Hasegawa, CEO and Founder of Opn, said: “We are extremely excited and proud to bring on board this high quality investment, allowing us to accelerate the development of our core payment solutions, while also expanding into new territories within our core markets of Southeast Asia and Japan and beyond. As we approach 10 years since we started as a payment gateway company, and now customized fintech solutions to help businesses grow, we have continued to obsess over how to make payment ever more seamless for both businesses and the people they serve. Through our fintech solutions, we are realizing our vision of enabling access to the digital economy for everyone.”

Along with the fundraising, Opn, previously under the brand SYNQA, announced today the launch of its corporate rebranding in order to support its expanded strategic vision and global aspirations. (Refer to press release titled: <a href="/th-en/news/synqa-rebrands-to-opn">“SYNQA Rebrands to Opn to Support Strategic Vision and Accelerated Global Aspirations.”</a>)

Opn’s parent company, SYNQA, is one of the first companies to receive certification for its business plan from the Japan’s Ministry of Economy, Trade and Industry (“METI”) through a ministerial program started in August 2021, which guarantees private sector loans for deep-tech venture companies4. Under this program, companies that have had their business plans approved by METI are able to receive loans from private financial institutions approved by the Minister of Economy, Trade and Industry. The loans are backed by METI's Organization for Small & Medium Enterprises and Regional Innovation of Japan (“SMRJ”).




<h2>About Opn</h2> 

Opn, which was rebranded from SYNQA, is a company founded in 2013 with expertise in Asia. Opn specializes in online payment, blockchain technology for fintech applications and digital transformation solutions. Opn connects people, businesses and society in innovative ways that spread the wealth of financial opportunity and provide fair and open access to a growing economic ecosystem under its vision of enabling access to the digital economy for everyone. Opn is powered by its payment infrastructure sister company, Omise Payment Holdings, which provides one-stop online payment solutions. Its services are used by thousands of merchants and businesses around the world. Visit our website for more information: <a href="/">https://www.opn.ooo/</a>


<h2>About JIC Venture Growth Investments (JIC VGI) </h2>

JIC VGI was established in July 2020 as a venture capital arm of JIC group. Its mission is to promote innovation and improve the international competitiveness of Japanese firms, all toward the broader goal of helping to solve Japan's social and industrial issues.


<h2>About the Organization for Small & Medium Enterprises and Regional Innovation of Japan (SMRJ)</h2>

SMRJ’s mission is to contribute to the development of Japan’s economy by promoting innovation and revitalization of local economies among small and medium-sized enterprises (SME) and venture companies that aim to develop and grow independently. To assist SMEs that are seeking to grow sustainably amid changes in the business environment, SMRJ provides direct assistance, human resource development, the management of mutual aid systems, financial support and sharing of business opportunities. SMRJ intends to cooperate with SMEs in improving the support it provides.


<h2>About MUFG Bank</h2>

MUFG Bank, Ltd. is Japan’s premier bank, with a global network spanning around 50 countries. Outside of Japan, the bank offers an extensive scope of commercial and investment banking products and services to businesses, governments and individuals worldwide. MUFG Bank’s parent, Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with approximately 2,500 locations in more than 50 countries. The Group has about 170,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to “be the world’s most trusted financial group” through close collaboration among our operating companies and flexibly respond to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on the Tokyo, Nagoya, and New York stock exchanges. For more information, visit <a href="https://www.mufg.jp/english">https://www.mufg.jp/english</a>
 
 
<h2>About Mars Growth Capital</h2>
 
Mars Growth Capital is a joint venture debt fund between Liquidity Capital and Mitsubishi UFJ Financial Group that offers tech startups a one-of-a-kind funding alternative, enabling them to double down on their hyper-growth without giving up or diluting equity. Its trajectory-based funding model allows them to work with startups and growth-stage companies side-by-side, taking on financial risk which traditional financial institutions cannot take. For more information, visit <a href="https://www.marsgrowth.com/">https://www.marsgrowth.com/</a>

Opn announced today that it raised a total of USD 120M in Series C+ funding from JIC Venture Growth Investments Co., Ltd. (“JIC VGI”), MUFG Bank, Ltd. (“MUFG Bank”) and Mars Growth Capital (“Mars Growth”)

1. Refer to the JIC VGI website for further information: [https://www.j-vgi.co.jp/#news](https://www.j-vgi.co.jp/#news)
2. Refer to the MUFG Bank website for further information: [https://www.bk.mufg.jp/](https://www.bk.mufg.jp/)
3. Refer to the Mars Growth website for further information: [https://www.marsgrowth.com/](https://www.marsgrowth.com/)
4. Further information on the program can be found on the METI website at the following URL: [https://www.meti.go.jp/policy/newbusiness/debtlps/tuika/zentaigaiyou.pdf](https://www.meti.go.jp/policy/newbusiness/debtlps/tuika/zentaigaiyou.pdf) (Japanese only)

Opn Announces USD 120M Series C+ Funding Led by JIC VGI, MUFG Bank and Mars Growth

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<center>Jitsupa is a seasoned leader with a strong track record of successfully helping global brands penetrate Asian markets.</center>
 

With the robust growth of digital finance and payments in Thailand over the past few years, Omise welcomes **Jitsupa Cheowit** as the new Thailand Country Manager to facilitate and capture more local and global merchants.

Jitsupa had held executive positions at Krungsri Bank and UOB Bank. She also worked at The American Express Company for 15 years, where she started her journey in payment network services and end-to-end solutions. Before joining Omise, she was a part of NTT Data (Hong Kong).There, she handled global merchant solutions and assisted local and regional clients in expanding into new markets, closely accommodating them with expertise in e-commerce, banking, and payment methods. Over the years, she has earned a keen understanding of customer requirements, domestic and international market compliances, as well as payment solutions.

Jitsupa's mission at Omise is to capture the momentum of the growth of Thailand's digital finance markets. She envisions being a leader who forwards constructive knowledge to her team, gives more than takes, and promotes the fintech industry to a greater mass of people.


We believe her deep-rooted expertise and leadership would be a vital driving force to accelerate our growth in Thailand.

Jitsupa Cheowit joins Omise as the Country Manager for Thailand to ramp up another year of hypergrowth. Jitsupa is a seasoned leader with a strong track record of successfully helping global brands penetrate Asian markets. She has worked at notorious banks and financial institutes in Thailand and the region.

Jitsupa Cheowit joins Omise as the Country Manager for Thailand to ramp up another year of hypergrowth.

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Omise, the payments partner for online enterprises in Southeast Asia announced today the integration of Alipay+ with its payment solutions for e-commerce businesses in Singapore. This development will allow local e-commerce brands to accept more cross-border digital payments methods enabled by Alipay+ and connect with global shoppers to grow sales.

Omise has been providing online payment services to businesses in Singapore since 2017. It currently serves medium to large enterprise brands across various sectors from retail, to services and software.

Launched in 2020, Alipay+ is a suite of global cross-border digital payments and marketing solutions operated by Ant Group. It supports a wide range of digital payments methods, including e-wallets and bank apps, such as Touch ‘n Go eWallet in Malaysia, TrueMoney in Thailand, GCash in the Philippines, Kakao Pay in South Korea, as well as Alipay and AlipayHK in China. Through the integration with Alipay+, Omise can now facilitate transactions between local e-commerce businesses and global shoppers who prefer to pay with these digital payments methods. 

As more businesses enter and compete in the online space following the major shift to online retail since 2020, companies are now looking to expand beyond borders to reach more consumers to fuel growth. In 2020, more than one in every two online buyers globally had made a cross-border transaction.[1] Last year, micro, small and medium-sized enterprises (MSMEs) accounted for about 45% of Singapore's $1.4 billion B2C value of e-commerce exports.[2]

“The e-commerce scene in Singapore is highly competitive, with incumbent and newcomers vying to position themselves in an already crowded marketplace. Expanding available payments methods to capture overseas clientele helps local brands boost sales and generate new revenue streams, said **Gwendolyn Chia, the Country Manager at Omise Singapore**. “At Omise, we are always keeping at the forefront of new, relevant payments options that open up international commerce possibilities and help our clients’ futureproof their global payment strategy. This partnership with Alipay+ takes Omise to a new level of international reach, broadening the range of payment options available to e-commerce businesses.” **Gwen** adds.

In addition, the integration with Alipay+ also eliminates the complexities related to payments, such as managing multiple integrations required with different payments methods, currency exchange, fund settlements and compliance, providing online businesses with frictionless and quick access to global cross-border digital payments methods. 

“As businesses in Asia undergoes rapid digital transformation, the imperative for efficient digital payments and customer experience has never been greater. Alipay+ is the solution designed to solve businesses’ pain points in cross-border digital payments as they seek to grow beyond the borders,” said **Cherry HUANG, General Manager, Global Merchant Partnership, South and Southeast Asia, Ant Group**, “We are excited to partner with Omise to enable more local brands to reach global shoppers efficiently and effortlessly, and to propel their businesses to new heights.”


This will allow local e-commerce brands to accept more cross-border digital payments methods enabled by Alipay+

Omise integrates Alipay+ to innovate cross-border digital payments and connect Singapore e-commerce businesses to global shoppers 

![omise x i2c.png](https://opn-website-cms-assets.production-internal.opn.dev/public/omise_x_i2c_5a7927fd2b.png)

_The first use case will target one million existing consumer and small business customers with an instant issue Visa card._

i2c Inc., a leading provider of digital payment and banking technology, today announced a partnership with Omise, a leading online acceptance and payments platform serving Thailand, Japan, Singapore and Malaysia. The deal, part of a broader collaboration between the two companies, has already confirmed partnerships to instant issue Visa cards for approximately one million consumers and small business customers. 

As a result of this collaboration, Omise will be able to help its clients design and deploy virtual and card-based payment programs for a burgeoning Southeast Asian payments market, helping local banks, fintechs and others to launch and manage their own modern card programs throughout the region. Omise plans to launch this service in the first quarter of 2022.

“We’re proud to partner with i2c to address the unprecedented hypergrowth that our markets are currently experiencing,” said **Ezra Don Harinsut, CEO of Omise**.
“i2c’s complementary tech stack, reach and reliability will allow our clients to deploy robust new payments capabilities and help us improve cashflow for millions of consumers and small businesses very soon," added **Ezra Don**.

“Omise is a true pioneer and leader in a key region and we’re delighted to have them as partners,” said **Kevin Fox, EVP, Americas Sales, for i2c**, citing reports that last year Southeast Asia added 40 million new internet users and is poised to grow to over $300 billion in gross merchandise value by 2025. **Fox** further relayed, “With our combined platforms and Omise’s impressive client roster, we believe this partnership will help extend and modernize issuing for the region in a meaningful way.” 

Omise partners with i2c to modernize and accelerate issuing capabilities throughout Southeast Asia

![Omise_MY_PR_Banner.jpeg](https://opn-website-cms-assets.production-internal.opn.dev/public/Omise_MY_PR_Banner_61563f2289.jpeg)

Omise, the payment gateway of choice for thousands of businesses in Southeast Asia and Japan, today announced its official launch in Malaysia. This launch supports the growing internet economy and strong uptake of e-commerce in Malaysia and is part of the company’s ongoing expansion roadmap across Southeast Asia.

As a registered merchant acquirer regulated by the central bank of Malaysia, Bank Negara Malaysia (BNM), Omise is set to roll out its payment gateway services to all businesses operating in Malaysia starting today.

**With this launch, businesses operating online in Malaysia now have access to the full strength of Omise’s modern payment gateway to accept payments securely, manage transactions, send payouts, and expand operations regionally to capture more sales and grow revenue. Today’s announcement also means that businesses already using Omise in Thailand, Japan, and Singapore can now seamlessly expand their business and operations into Malaysia.**

Malaysia is among the fastest growing e-commerce markets in the region and is maturing into a key Asian e-commerce market after years of outstanding sales growth. The country’s strong e-commerce uptake is driven by high internet and smartphone penetration, consumer preference for online shopping, and backed by government support. Despite the pressures created by the pandemic, the B2C e-commerce market in Malaysia is expected to continue to grow at 17 percent (CAGR) through 2023 according to a report by J.P. Morgan. That said, Malaysia’s e-commerce infrastructure, such as payments, delivery, and regulatory requirements, have yet to catch up with more established online shopping markets.

“There is tremendous room where modern payment technology can bring in efficiency and help accelerate growth for e-commerce businesses in Malaysia. Opening an office here enables our local team to work more closely with businesses — understanding their pain-points and building the payment solutions that would best support them,” said **Ivy Lee, the Country Manager at Omise Malaysia**. “Omise has collaborated with the Maybank cash management team to support the digitalization initiative. With this collaboration, merchants can quickly start accepting online FPX payments through the 19 supported banks. I look forward to helping companies in Malaysia leverage digital payment technology to better enhance customer experience and increase revenue.” **Ivy** adds.

**Md Farid Kairi, Managing Director, Global Markets & Transaction Banking, Maybank** said, “We are pleased to collaborate with Omise to support e-commerce businesses in the Southeast Asia region by curating an end-to-end digital payment ecosystem. Omise will be able to utilise our cash management solutions for better customer experience and revenue generation given Maybank’s focus in delivering sustainable value to our clients and enabling financial access and inclusion for the wider community. Backed by the strength of our regional network and capabilities, we will continue to play our role in supporting digitalization as a growth enabler within ASEAN”.

“Omise has been an amazing partner thus far. The technical support team is a joy to work with, and our merchants are really happy with the optimized checkout feature as it certainly increases the conversion rates. Looking forward to many more successful projects together.” said **Chandler Kwek, Project Director at Sweetmag**.

- With Omise available in Malaysia, businesses can now benefit from its modern payment technology stack, including; Online account application and quick set up. Merchants can apply for an account and be ready to start accepting payments with Omise in 14 days. The process is 100% online with no setup cost involved.

- Merchants and developers can implement the Omise APIs and mobile SDKs relevant to their business today and easily access additional APIs as needed in the future. Each API has the same style and standard – and they interoperate. This makes it easier for merchants to get up and running, and make enhancements as needed as their business evolves.

- Modern end-to-end payment technology. Through one connection to Omise, businesses can safely accept payments across popular channels, including online credit and debit cards, FPX payment, and instalments service. Omise’s integrated payment, fraud and security management services can help businesses speed time-to-market, streamline operation flows, and provide internal teams with a centralized view of transaction activity.

- Fraud and risk management expertise. Every transaction through Omise automatically goes through a multi-layered fraud screening system. In-house fraud analysts also monitor and configure each account to achieve the right balance between maximizing sales and reducing fraud losses.

A local team of payment experts. Business owners and executives can work closely with the Omise team based in Kuala Lumpur. The team can be easily reached via email and can provide assistance with anything from scheduling for a product demo, a solutions consultation session, and technical support.

Businesses interested in working with Omise, please visit [www.omise.co/malaysia](www.omise.co/malaysia) or contact [support@opn.ooo](mailto:support@opn.ooo) for more information.

Omise, the payment gateway of choice for thousands of businesses in Southeast Asia and Japan, announces its official launch in Malaysia.

Omise Payment expands to Malaysia, further extending presence in Southeast Asia & Japan

_Omise is a modern payments platform localized for Southeast Asia and Japan, providing secure white-label payment solutions to merchants, enterprises, and financial institutions throughout the region. Working towards the mission of “Powering digital commerce in Asia”, Omise recently helped to connect Citibank and TrueMoney to enable TrueMoney Wallet e-wallet top-up via Citibank’s Citi Ready Credit cash card._

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**Bangkok — September 22, 2021** — Omise, a financial technology company that provides merchants, enterprises, and financial institutions white-label payment solutions, has deepened its partnership with Citibank Thailand, a leading card issuer bank. In this partnership, Omise helps to connect Citibank and TrueMoney — enabling Citi Ready Credit as the first and only balance top-up option via cash card on TrueMoney Wallet.

Previously, users were able to use their TrueMoney Wallet accounts by connecting a credit card, and topping up by connecting a bank account or going to partner kiosks and at convenience stores. As for Citi Ready Credit, cardholders only had the option of making cash withdrawals at ATMs or get the money transfer to another bank account. Through this integration, all 600,000 Citi Ready Credit cardholders in Thailand can now connect their Citi Ready Credit cash card with their TrueMoney Wallet account and make payments at over 200,000 online and physical stores that accept TrueMoney Wallet in Thailand.

**Mr. Peter Pornprayuth, Director of Business Partnerships at Omise** said, “We strive to create win-win value propositions with partners to bridge the gap between leading financial institutions like Citibank and e-wallet players like TrueMoney. Leveraging our expertise in payments, we can effectively accelerate Thailand’s digital transformation by making it more convenient for Citi Ready Credit Cardholders to top-up their e-wallets digitally. At Omise, we will continue to look for innovative ways to help improve and propel the payment tech ecosystem in Thailand and Southeast Asia.”

**Mr. Pratik Bhattacharjee, Director, Credit Cards and Loans Head at Citibank Thailand** says, “Citi supports Thailand’s push toward a cashless society, seeing that the Covid-19 pandemic has raised awareness of hygiene among the public with banknotes and coins posing a threat to our society as far as the transmission of the coronavirus is concerned. As Thais turn to mobile banking and e-payment services, we’re seeing the potential for further growth of e-payment services and contactless transactions. Our partnership with TrueMoney signals Thailand’s drive toward a cashless future where e-payments and mobile banking services are the name of the game. Digital wallets will be even more popular. Ready Credit customers will have more choices to disburse money from their credit line. A TrueMoney e-wallet top-up via Ready Credit offers a new alternative digital disbursement and payment which can easily be integrated into customers’ everyday lives.”

**Ms. Nutthawadee Sae-iah, Head of Strategy and Business Innovation & Head of Wealth at TrueMoney Co., Ltd.**, said “Our cooperation with Omise and Citibank has allowed 19 million TrueMoney Wallet users to access a secure cashless prepaid top-up service via Ready Credit, and fulfill their new normal lifestyle needs.”

Thailand is on the verge of becoming a cashless society. In recent years, digital transactions have increasingly replaced cash payments, and the adoption of digital payment systems such as cards, e-wallets, and QR code payments have accelerated. This integration not only adds convenience for Citi Ready Credit cardholders, but it also accelerates Thailand's progress toward a cashless society.


Omise recently helped to connect Citibank and TrueMoney to enable TrueMoney Wallet e-wallet top-up via Citibank’s Citi Ready Credit cash card in Thailand.

Omise enables Citibank's Ready Credit top-up on TrueMoney Wallet

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**Bangkok — September 1, 2021** — **Omise, a Thailand-based payment gateway trusted by renowned brands across Asia, announces its recent campaign in collaboration with a familiar partner, Visa, one of the most accepted card networks globally.**

This year has marked a significant time for Thailand's e-commerce industry, with [over half of the population buying goods and services online](https://esw.com/blog/thailand-ecommerce-insights/). Meanwhile, more enterprises are adopting digital solutions to handle bulk online data and transactions.

The 'new normal' is here to stay. E-commerce has become a dominant sales channel rather than an option. Thus, many enterprises need to shift their businesses onto digital platforms to continue operations in the long run. With that in mind, Omise and Visa have partnered to expedite companies in establishing their online presence sustainably.

With the recent campaign in place, **new merchants that register to use Omise payment gateway between September 1, and November 30, 2021 will receive a special transaction rate for every payment made with a debit or credit card.**

Visa is one of the most accepted card networks nationwide and globally, allowing it to facilitate prompt purchases anytime and anywhere. Omise offers a white-label payment flow for end buyers, as well as a fully online registration process and robust management tools for merchants. Combining our strengths, both enterprises aim to **bolster the e-commerce momentum**.

For more information, please visit the link below or contact us [here](https://www.omise.co/support).

Omise launches a new campaign with Visa to support digital solutions and online transactions.

Empowering e-commerce: Omise and Visa offer special incentives through a new campaign

![https://opn-website-cms-assets.production-internal.opn.dev/public/rlp_photorelease_ENG_4d034016db.png](https://opn-website-cms-assets.production-internal.opn.dev/public/rlp_photorelease_ENG_4d034016db.png)


<center>(From L-R) Ezra Don Harinsut, CEO and Co-Founder of Omise and Victor Topoyosakul, CEO of Rabbit-LINE Pay.</center> 


**BANGKOK — July 14, 2021** — Omise, the leading payment gateway of choice for many of Thailand’s leading e-commerce businesses, has announced its partnership with Rabbit LINE Pay, a smart e-Wallet service provider based in Thailand. The partnership would widen the spectrum of Omise's services and build a more competitive payment mix for its client merchants.

Digital wallets are one of the most prominent payment methods in the Thai e-commerce market. Through the partnership with Rabbit LINE Pay, the thousands of e-commerce businesses that partner with Omise will benefit from;


**Broadened acceptance capability** — support an additional local e-wallet, used by 8+ million consumers across Thailand, for both desktop and mobile purchasing journeys.






**Rich customer insights** — have access to cross-channel payment data as all backend systems of each payment channel are connected.




**Centralized reporting portal** — consolidated transaction and sales record across all payment channels, keeping account reconciliation simple for finance and operation teams.

Through the combination of both parties' advanced technology, a smoother purchasing experience is at your fingertip. Rabbit LINE Pay is now available on Omise. For more information, please visit [https://www.omise.co/rabbit-linepay](https://www.omise.co/rabbit-linepay) or contact 02 252 8777.

Check out the payment methods accepted by Omise in Thailand at [https://www.omise.co/payment-methods/thailand](https://www.omise.co/payment-methods/thailand).

Omise payment gateway launches a new payment option via Rabbit LINE Pay e-wallet to capture its over 8+ million active users.

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