SINGAPORE – Media OutReach Newswire – 13 December 2023 – FOMO Pay, a Singapore-based digital payment leader, has joined forces with Zand Bank, the UAE’s first digital bank, in a strategic partnership to facilitate seamless cross-border payments between the dynamic markets of Asia and the Middle East and North Africa (MENA). This collaboration aims to enhance cost-effectiveness and time efficiency in B2B cross-border transactions, providing businesses with streamlined digital payment and digital banking solutions for collections and payouts in the regions.
https://www.linkedin.com/company/fomo-pay/
https://twitter.com/FOMOPayOfficialThe issuer is solely responsible for the content of this announcement.
About Zand
Zand brings a superior banking experience designed for the digital economy to businesses, specialized in corporate banking, technology, and the digital space. Zand was built to change the way the UAE banks, leveraging the power of AI and advanced data analytics, with an agile and startup mindset , and leveraging partnerships with the top Fintech players to simultaneously simplify and upgrade the customer experience. Zand adopts a distinctive approach to banking, providing products and services to help support businesses at every stage while ensuring customer-centricity, privacy and security remain as the core values. Please visit www.zand.ae for more information.
Media inquiries for Zand: Mays Talib, Head of Marketing, Mays.T@zand.ae
About FOMO Pay
Founded in 2015, FOMO Pay Pte Ltd is a major payment institution (License No. PS20200145) regulated under the Payment Services Act in Singapore, licensed by the Monetary Authority of Singapore (MAS) to conduct Cross-border Money Transfer Service, Domestic Money Transfer Service, Digital Payment Token Service, and Merchant Acquisition Service. The firm has become a leading one-stop digital payment, digital banking, and digital asset solution provider. It is currently building Asia’s fully licensed financial platform, helping institutions and businesses connect between fiat and digital currency. The firm offers its three flagship products:
- FOMO Payment – One-stop digital payment solution for merchants, corporates and financial institutions
- FOMO iBank – Facilitate businesses’ everyday requirements for transactional banking needs
- FOMO Capital Markets – One-stop digital asset services provider bridging Web 2.0 & Web 3.0
Visit www.fomopay.com for more information. Contact marketing@fomopay.com for media inquiries.
<imgsrc=”” alt=”” width=”1″ height=”1″ style=”width:1px;height:1px;”>
