Wednesday, August 12, 2020

Omise denies acquisition by Thai company for US$150M

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Felicia Calle
Felicia Calle
Australia | Felicia's fascination with tech began in the 90s, and she loves to update readers on the best tech deals on the internet. When she’s not writing, you’ll find her travelling around the world.

A report on Crypto news site, The Block, published on Friday claims the Thailand-based payments and blockchain startup Omise has been acquired for US$150 million by CP Group. Shortly, Hasegawa Jun, the founder of Omise denied the news and clarified on Twitter.

Omise also took to Twitter to refute the claims made in the article.

According to the report, several inside sources confirmed the deal, which will allegedly bring Omise, one of the largest payment gateways in Thailand with a presence across Singapore, Japan, and Indonesia, under the ownership of the Chearavanont family, one of Asia’s wealthiest family. The Chearavanont family owns the CP group, with a net worth of $36.6 billion by Forbes Asia.

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