MatchMove Acquires Shopmatic

MatchMove is a fintech company providing digital payments and next-generation banking. The company's proprietary Banking OS enables 'Banking-as-a-Service'? and the capabilities of Spend, Send, Lend within any app. The platform empowers businesses and their customers to Spend both online and offline easily and safely, via instantly issued prepaid cards on major card networks. Its Send capabilities include P2P domestic transfers, QR payments, cross-border remittances, P2M, and mass disbursements to global recipients. The MatchMove banking OS platform further extends to Lend, where credit scores are assigned based on customers’ spending and sending patterns to offer customized lending solutions. Envisioning a financially inclusive world as it wages war on cash, MatchMove’s solutions help enterprise clients digitize payments and give the financially underserved segments the empowerment to move their money anytime and anywhere. MatchMove is headquartered in Singapore with offices in India, Indonesia, Vietnam, and The Philippines.