FOMO Pay ranks Top 100 in 2016 Red Herring Asia, shortlisted for Top 100 Red Herring Global

Red Herring Asia Top 100 Winner

FOMO Pay, the first authorized WeChat Pay and Baidu Wallet partner in Southeast Asia, is a winner of The Red Herring Asia Top 100 award.

Since its inception in 1996, the Top 100 award celebrates the most exciting startups and private ventures in Asia, Europe and North America. Competition is tough, with hundreds of candidates from each continent vying for the prestigious award. Out of the 100 companies chosen in Asia, only 10 other Singapore startups made it to the list.

The selection process involves 3 steps, and companies are graded based on more than 20 criteria, including technological advantage, team quality and growth rate. FOMO Pay has identified the rising mobile payment trend in China, and offers services to bridge the gap between local merchants and Chinese consumers. This is done through tailoring marketing campaigns to suit Chinese consumers, and seamlessly integrating Chinese-preferred payment methods (WeChat Pay, Alipay) into existing payment systems.

FOMO Pay is also running as a candidate for the Top 100 Red Herring Global award, and will be presenting in Los Angeles this coming November.

For more information, please refer to http://www.redherring.com/events/red-herring-asia/2016-top100.

About FOMO Pay Pte. Ltd

FOMO Pay is the first authorized WeChat Pay & Baidu Wallet partner in Southeast Asia, and was selected as one of the TOP 100 Asian Companies by E27, TOP 100 Startups by Red Herring Asia, and Top 8 by DBS’ FinTech Accelerator Program.

FOMO Pay provides a one-stop solution for overseas merchants by facilitating payment collection from the China market, including Chinese tourists. This comprises of online/offline Chinese payment modes, such as WeChat Pay, Alipay and Union Pay.

FOMO Pay’s business solution serves clients from a wide range of industries, including the telecom, publishing, tourism and hospitality, F&B, education and retail industries.