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Singapore‚Äôs Red Dot Payment, a fin tech – payment gateway startup founded by a team of ex Visa and MasterCard executives, has closed a $5.2 million Series B round to grow its business.

Investors in this fintecc includes GMO Venture Partners from Japan, Wavemaker Partners, Skype co-founder Toivo Annus, MDI Ventures, DORR Group and Indonesia-based operator Telkomsel.

Reddot focuses on hotels and the hospitality industr and enables online payments via a gateway, and  offers online invoicing, recurring payments and alternative payments. 

It’s competition  include 2C2POmise and Midtrans.

Posted on September 13, 2017

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