This Singapore-based startup offers a digital financial platform that includes a digital wallet, electronic payment, and transfer services. By providing secure and efficient online payment solutions, it enables clients to manage their financial transactions seamlessly in a digital environment.
Funding
$30.7M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many businesses, especially those operating across borders, face challenges in efficiently managing online payments due to the complexities of integrating with multiple payment gateways and ensuring secure transactions. Existing payment solutions often lack support for diverse local payment methods and robust fraud protection, hindering revenue growth and increasing operational costs.
Solution
EVONET Global provides a comprehensive payment infrastructure and financial platform designed to streamline online payment processing and expand business opportunities. The platform offers digital merchant acquiring services, enabling businesses to accept a wide range of payment methods globally, including credit cards, digital wallets, and QR code payments. EVONET also facilitates mobile wallet cross-border payments and remittances, allowing users to transact seamlessly across different wallet systems. Its unified API and flexible business process configuration simplify integration, reduce time to market, and meet diverse business needs.
Target Audience
EVONET Global primarily targets online merchants, acquirers, and financial service providers seeking to expand their global reach, streamline payment processing, and enhance security.
Features
- Online merchant acquiring services with support for worldwide popular payment methods
- Mobile wallet interoperability service for cross-border QR code payments and inter-wallet remittances
- Unified API for streamlined integration and simplified payment processing across various channels
- Advanced fraud protection mechanisms, including real-time transaction monitoring, AVS, CVV, and 3DS
- Customizable risk control strategies and parameters via a user-friendly web portal
- Multi-currency support with competitive FX rates and transparent pricing
- Comprehensive reporting and analytics tools for effective business analysis and cost optimization
- Compliance with industry security standards such as PCI-DSS and ISO 27001