What is 2C2P? 2C2P Review, Features

Founded in 2003, 2C2P Pte. Ltd. is a payment company certified in Thailand using the American Express SafeKey protocol, providing comprehensive payment processing solutions to financial institutions such as Asian and international banks, and e-commerce and mobile e-commerce companies operating in the Asia-Pacific region.

About 2C2P

2C2P Pte. Ltd. is registered in Thailand and was established on January 1, 2003. Since its establishment, 2C2P has been expanding in Southeast Asia, establishing branches in Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Thailand and Hong Kong, China. The company's goal is to cover Southeast Asia with electronic payment and mobile payment solutions, where many consumers have not even used credit card transactions.

Customer Group

2C2P clients include leading merchants and banks across Asia, including Nok Air, Lao Airlines, Deal.com.sg, as well as UOB, Kasikornbank, Thanachart Bank and TMB Bank.

2C2P development in Thailand and Myanmar

2C2P has launched POS systems and electronic payment systems in Thailand and Myanmar. In Myanmar, they brought a prepaid card product called "Citizen Card" and a corresponding mobile app. They are also working with international financial institutions such as American Express, China UnionPay, MasterCard and Visa.

Financing

-The company has received angel investment from Expara IDM Ventures and a $1 million Series A investment from Digital Media Partners.

- In 2014, 2C2P announced that it had received $2 million in Series B funding, with $1.5 million led by an undisclosed investor and the remaining $500,000 invested by Japan-based GMO Payment Gateway. The deal was completed six months ago, but there was no media coverage.

-In 2015, 2C2P completed a $7 million Series C round of financing from investors including Amun Capital AG and GMO Venture Partners. After this round of financing, the total financing amount of this Singaporean startup has exceeded $10 million.

-In 2016, 2C2P completed an $8 million Series D financing.