To Build Web 3.0 Native Payment Infrastructure, Airswift Raises $2 MM in Pre-Seed Funding Led by CE Innovation Capital

Vancouver, BC, August 15, 2022 – (SEAPRWire) – Airswift, a fintech startup pioneering Web 3.0 native payment solutions, announced that it raised $2 million USD in a pre-seed funding round led by CE Innovation Capital (CEiC). The latest funding comes amid a bear market sentiment and uncertainty around crypto. It indicates that investors are confident about Airswift’s unique model, and optimistic about the future of payment solutions that power the use of digital assets. With blockchain technology at its core, Airswift is building a comprehensive payment infrastructure native to Web 3.0. This includes an easy-to-use on-chain payment gateway that allows merchants to accept both crypto and fiat currency, enabling frictionless purchases with digital assets. Airswift plans to launch its initial product by September 2022, making it one of the first full-stack payment gateway solutions that facilitate digital asset acceptance around the globe. “The raise from CEiC shows that investors are confident in our unique strengths in blockchain R&D, payment gateway operations, regulatory compliance, among other factors”, said Dr. Yan Zhang, Co-founder and CEO of Airswift. “The current challenge...

XanPay Partners with SWAG to Launch New Alternative Payment Methods

Strong Growth of the Online Entertainment Space HONG KONG, February 9, 2022 – (SEAPRWire) – Recently, XanPay announced a partnership with SWAG, a leading online entertainment interactive brand, to launch new alternative payment methods. Online entertainment experienced exponential growth during the pandemic. According to a related report, the worldwide traffic of online entertainment has grown substantially during the COVID-19 period. The increasing number of people working from home and restrictive social distancing measures has made online entertainment avenues extremely popular. SWAG gained the upper hand against its competitors during this period partnering with a payment gateway specialized in alternative payment methods, XanPay. Challenges of Online Entertainment Platforms in High-Risk Industry SWAG is one of Asia’s largest online entertainment interactive brands. The Taiwan-based company started in 2017 with a team of 80 employees. They have come a long way to establish themselves as the leader in the region. For those who are unfamiliar, there are major challenges and taboos that the alternative online entertainment space constantly faced for decades: Many financial institu...

Read More

XanPay Announces Partnership with Elitedias Game Platform on New Payment Options across Southeast Asia

– Elitedias leveled up, offering new payment options catered to local preferences – The game top-up company expanded to 3 countries – Malaysia, Indonesia, Australia – Homegrown users has grown 5x within 3 months of integration HONG KONG – January 2022 – Elitedias, the Singapore-based game credits top-up platform launches new payment options with XanPay across Southeast Asia to differentiate themselves in the competitive gaming landscape. Gaming has become very popular during the pandemic. Up to 40% of the world’s top gaming markets are located in Asia and Elitedias was born to cater to this exact demand. The game credits top-up brand first started selling the credits on Carousell to their friends, cheaper than what the Apple’s AppStore or Google’s PlayStore were offering. In a few months, they quickly realized that this would benefit a much bigger gamers market than they had anticipated. Elitedias team has a strong focus on their homebase market, Singapore. Apart from the usual credit card options, they look to include local payment method options to suit modern preferences. Despite XanPay being one of the newest payment options, the team observed an increasing number of users who ...

Read More

New SafeEntry system lets you tap phone or TraceTogether token on gateway box to check in

SINGAPORE - The SafeEntry check in to public venues will become a simpler and faster process from April 19 with a new tap-in system. The new SafeEntry Gateway Box was launched on Tuesday (March 16) at Nex mall in Serangoon Central by the Smart Nation and Digital Government Office (SNDGO). It was trialled at the mall from Feb 15. To check in, visitors with the TraceTogether app or TraceTogether tokens can tap their devices on the gateway box, which is slightly larger than a smartphone. Alternatively, an operator of a venue, such as a supermarket or large shop, can download an updated version of the SafeEntry (Business) App on his phone and use the phone, instead of the gateway box, for visitor check ins. The SafeEntry Gateway system is being planned for a rollout at selected crowded venues such as shopping malls, large standalone retail stores, cinemas, hospitals, polyclinics and Mice (meetings, incentives, conferencing and exhibitions) venues hosting more than 100 participants. Existing SafeEntry check-in methods using the QR codes and a visitor's NRIC will still be used at these places. The Government has identified venues with high visitor traffic that need to implement the SafeE...