Omise (OMG) Parent SYNQA Raises $80 Million to Bolster its Blockchain and Fintech Expertise
Omise (OMG) parent Synqa raised $80 million to bolster its work in digital currencies and financial services, the firm announced on June 22. As per TechInAsia, Synqa raised the funds via Sparx, through the latter’s Mirai Creation Fund II that exclusively focusses on projects with an innovative business model using “new” technologies.
Interestingly, both entities have since worked with other crypto-firms, with SBI’s Ripple partnership a strong venture and Nomura launching a Bitcoin custodian service last week. In a release, Synqa said the Toyota Wallet, managed entirely by the Toyota Motor Corporation for its domestic and overseas finance business, with use Omise’s blockchain technology to accelerate TOYOTA Wallet service content expansion, white-label and global expansion.
