Red Dot Payment, a Singapore-based payment solutions provider, received a Series A funding of undisclosed amount.
Backers included GMO Global Payment Fund and Wavemaker Pacific.
The company intends to use the funds to continue to expand operations.
Founded in 2011 by Randy Tan, Red Dot Payment provides a secure processing gateway for e-commerce merchants to offer a complete payment options for customers worldwide to pay securely.
It is used by banks, merchants, payment schemes, Payment Gateways, non-banking Financial Institutions, and security and fraud management system providers.