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eContext Asia delivers online payment solutions and e-commerce services, specializing in cash payment acceptance across the Asian market. It provides a secure e-commerce infrastructure, enabling businesses to process diverse transactions by integrating local payment methods. This approach broadens merchant reach to consumers often lacking traditional banking access, thereby facilitating broader participation in the digital economy throughout the region.
Established in Hong Kong in 2012, eContext Asia functions as a strategic subsidiary of Japanese internet conglomerate Digital Garage. Its formation stemmed from Digital Garage's insight into Asia's burgeoning e-commerce landscape and the critical need for accessible, localized payment solutions beyond credit cards. This initiative effectively addressed regional market demands by leveraging the parent company's extensive experience in online payment systems.
The company primarily serves e-commerce businesses enhancing payment processing and expanding customer demographics throughout Asia. Its product is crucial for merchants accommodating consumers preferring alternative payment methods, thus unlocking new market segments. eContext Asia's vision centers on enabling digital commerce, continually evolving its infrastructure to support online retail and foster financial inclusion across the continent.
eContext Asia has 1 tracked investment across 1 company. The latest tracked deal is $51.0M Series B in Sendo in August 2018.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Aug 1, 2018 | Sendo | $51.0M Series B | SBI Group | SBI VEN Capital, Beenext, Beenos, Daiwa PI Partners, FPT Group, SKS Ventures, Softbank Ventures Asia |