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MatchMove acquires stake in Shopmatic

Nabanita Dutta

News Editor
Image Credit: shortpedia

MatchMove, the banking as a service platform has recently acquired a strategic stake in Singapore-based Shopmatic. The investment will enable MatchMove to extend its wallet service capability to Shopmatic’s ecosystem of more than 435,000 e-commerce SMEs and other entrepreneurs. Shopmatic is an international e-commerce platform that specializes in providing turnkey solutions to Small and medium enterprises.