Dublin-based Nomupay raises €35.9 million to expand its unified payment platform, targeting Singapore, Indonesia, Japan, and Vietnam.Dublin-based fintech Nomupay has raised €35.9 million in its latest funding round to simplify cross-border payments in Asia. The company plans to expand its unified payment platform, enabling international acquirers and merchants to access multiple Asian markets through a single API. The funding will support growth in Singapore, Indonesia, Japan, and Vietnam.Nomupay's vision for unified paymentsNomupay, a Dublin-based fintech company, has announced a €35.9 million funding round aimed at simplifying payments across Asia. The company's platform allows international acquirers and merchants to access multiple Asian markets through a single API, reducing the complexity of cross-border transactions.According to a press release, the funding will be used to expand operations in key markets, including Singapore, Indonesia, Japan, and Vietnam. These regions are known for their rapidly growing e-commerce sectors and increasing demand for seamless payment solutions.Addressing Asia's payment challengesAsia's payment landscape is notoriously fragmented, with each country having its own regulations, payment methods, and consumer preferences. Nomupay's platform aims to bridge these gaps by offering a unified solution that integrates with local payment systems.In a statement, Nomupay's CEO highlighted the company's commitment to simplifying payments for international businesses. 'Our goal is to make it easier for merchants to enter and thrive in Asia's diverse markets,' the CEO said.Expansion plans and market potentialWith the new funding, Nomupay plans to strengthen its presence in Singapore, Indonesia, Japan, and Vietnam. These markets represent significant opportunities for growth, driven by increasing internet penetration and a surge in online shopping.Industry analysts have noted that Nomupay's approach could disrupt the traditional payment ecosystem in Asia. By offering a single platform for multiple markets, the company is well-positioned to attract international merchants looking to expand their reach.Nomupay's latest funding round underscores the growing demand for innovative payment solutions in Asia. As the region continues to embrace digital transformation, companies like Nomupay are poised to play a pivotal role in shaping the future of e-commerce and cross-border payments. https://redrobot.online/2025/01/nomupay-secures-e35-9-million-to-streamline-payments-across-asia/