Since listing on the ASX in August last year, Migme has been hard at work building up its social entertainment platform to be bigger and better. Since then, it acquired LoveByte – a chat app for couples – and invested in games platform developer MatchMe. Today, Migme has announced yet another acquisition, this time of penny auction startup Sold.sg for a mixture of cash and shares – a curious move given that the business had shut down in late 2013.
Aung Kyaw Moe, Founder & Group CEO of 2C2P, introduces the “Citizen Card” – a reloadable prepaid card that the payment services firm launched in collaboration with Myanmar Citizen Bank.
2C2P, a Southeast Asian payment services provider, and Myanmar Citizens Bank, Myanmar’s leading private bank, have announced the launch of ‘Citizen Card’. Citizen Card is a re-loadable prepaid card accepted by MasterCard merchants globally. It comes with an optional smartphone application allowing cardholders to manage transactions with real-time monitoring and online support on both iOS and Android platforms.
Coda Payments announced new partnerships this morning with several Southeast Asian telcos. The mobile payment company’s fresh roster of partners includes Globe Telecom in the Philippines, Indosat and Esia in Indonesia, and SingTel and M1 in Singapore. This brings the total number of customers with access to Codapay to more than 100 million in Asia.
Mobile chat firm Mig33 is raising money and rebranding as MigMe. The move will allow the company to pivot as the Asian mobile phone market shifts from feature phones to Android devices. The deal is complex, but it will clean up the ownership and allow the company to pivot into a new market and become a publicly traded company in Singapore, said Steven Goh, chief executive of Mig33, in an interview with VentureBeat.
Inspired by Miinto, WearYouWant is a B2B2C fashion e-commerce site. The site was founded back in 2011 with just one developer, one sales manager, and two founders, Julien Chalté and Martin Toft Sørensen. The site has received good feedback and has grown significantly so far. Now, it is thriving and is ready to launch an updated version of its site this week that will come with new features.
Mobile payments are a key trend making waves in the US and Europe, but the technology has potential for emerging markets too. Indonesia-based startup Coda Payments is one company looking to unlock the potential in less traditional markets and today it launched its service in partnership with local operator Axis — which has 17 million customers — targeting mobile-owners of all types.
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