2C2P, the Singapore-based payments platform of Antom, will be investing $60 million over the next three years in technology, infrastructure and innovation.
The firm said in a statement on Wednesday that 2C2P’s additional investments in technology, infrastructure, and innovation is a reflection of the company’s investment in Southeast Asia.
The company is committed to making payments more accessible across the region and for its diverse demographic, and is also doubling-down on investing in local talent to develop the ‘Silicon Valley of Southeast Asia’.
“Our commitment goes beyond product innovation and serving merchants,
“We are also investing in the next generation of Southeast Asia’s fintech talent and forging strategic partnerships with local and global businesses that will enable the region to remain at the forefront of financial technology,” said 2C2P’s Chief Executive Officer-elect Worachat Luxkanalode.
The firm has also introduced new business priorities and branding to symbolize its next phase of growth alongside its parent company Antom.
As part of Antom, a leading merchant payment and digitization services provider under Ant International, 2C2P plays a vital role in advancing Antom’s strategy to empower businesses of all sizes across the region with secure, seamless, and innovative financial solutions.
2C2P’s refreshed branding features a new logo, colour palette, as well as vision and mission statements, reinforcing stronger synergy with Antom.
2C2P has set a vision to be the most innovative and trusted fintech partner to power inclusive and sustainable growth across Southeast Asia.
It also aims to empower all Southeast Asia businesses to succeed through secure and seamless financial solutions.
Under the new leadership of Worachat Luxkanalode, the company aims to focus on three business pillars: fortifying its core enterprise solutions; accelerating business growth across Southeast Asia; and developing product innovations to unlock new frontiers, including small-and-medium enterprises.
According to the statement, the combination of 2C2P’s Southeast Asia enterprise payment expertise and Antom’s technologies and extensive global network will provide Southeast Asia businesses of all sizes with robust financial solutions to thrive in a rapidly changing environment.
“With this unveiling, we are committed to becoming the trusted and innovative fintech partner of choice in Southeast Asia,
“We have evolved from serving primarily large enterprises to empowering businesses of all sizes, and from focusing on digital and online payments to delivering true omnichannel
capabilities that connect online, mobile, and offline transactions,” said Worachat Luxkanalode, Chief Executive Officer-elect of 2C2P.
Meanwhile, Gary Liu, General Manager of Antom, Ant International, said 2C2P’s evolution marks a new step in Antom’s commitment to supporting businesses of all sizes worldwide.
As Antom’s major brand in Southeast Asia, he said the 2C2P team is well positioned to offer merchants tailored products that best meet their needs.
“We are also enhancing 2C2P’s platform to better leverage Antom and Ant International’s technology and innovation capabilities, creating greater value for businesses in the region,
“At the same time, we will continue to strengthen and nurture local brands and invest in local talent,” he added.