Razer Fintech, the financial technology arm of Razer, today announced its acquisition of PT E2Pay Global Utama (“E2Pay”), a B2B2C digital payment facilitator and e-money player in Indonesia.
Founded in 2012, E2Pay provides payment solutions to merchants and financial institutions, including payment gateway, e-money, and remittance services licences in Indonesia.
E2Pay is one of Indonesia’s very few digital payment players that has a comprehensive set of licences across various payment gateway services, e-money, and remittance.
The acquisition of E2Pay allows us to accelerate our entry into Indonesia, one of the fastest-growing digital economies in Southeast Asia, as well as be able to better serve the digital payment needs of our regional and global merchants as the single partner of choice.
I look forward to working closely with the E2Pay team to grow our presence in Indonesia considerably in the years to come.
Razer Fintech CEO, Lee Li Meng.
E2Pay are very happy to have Razer Fintech onboard. We hope that the synergy between E2Pay and Razer Fintech will enable both organizations to tap on our merchant base to grow, expand and scale our platform’s reach across Southeast Asia
E2Pay Chairman, Rudy Danandjaja.