Phi Commerce takes payment tech to Southeast Asia and Latin America after Japan entry
RBI-licensed payment aggregator Phi Commerce is expanding into Southeast Asia and Latin America, building on its Japan launch and targeting 30% of revenue from international business. Backed by $18M in funding, the firm also plans an omnichannel credit card issuing platform in India with its first bank customer signed.
Indian RBI-licensed payment aggregator Phi Commerce expands to Southeast Asia and Latin America after Japan entry, and prepares to launch an omnichannel credit card issuing platform in India with a first bank customer signed.
Why this matters
Phi Commerce follows its Japan entry with a push into Southeast Asia and Latin America, signaling a global expansion drive while adding a credit card issuing platform in India.
Retail-company signals are accelerating, up +685400% QoQ.