Latest news with #businessfinance
Zawya
3 days ago
- Business
- Zawya
Mamo crosses AED 1.2bln in total payment volume
Dubai, UAE - Mamo, the UAE-born fintech building the future of business finance, today announced that it has crossed AED 1.2 billion in total payment transaction volume. The milestone marks a major step forward in the company's mission to simplify financial operations for businesses in the region. Founded with the goal of empowering businesses through simpler, faster, and more transparent financial tools, Mamo has rapidly grown into a trusted partner for thousands of businesses across the UAE. ' Reaching AED 1.2 billion in total processed volume isn't just a number - it's a reflection of the trust our customers place in us and their pressing need for better financial tools ', said Imad Gharazeddine, co-founder and CEO of Mamo. ' Our vision is to become a one-stop financial management platform for businesses - offering everything from payments to expense management, and credit. ' Following the success of its core payments and business wallet products, Mamo is expanding its offerings to support the full financial life cycle of a business. In the coming months, the company will launch a Mamo-branded credit card designed specifically for growing businesses, providing flexible access to short-term credit, real-time spend insights, and seamless integration with Mamo's dashboard. Mamo's growth reflects a broader shift in the region toward smarter, founder-friendly financial infrastructure. With legacy payments infrastructure often falling short of the needs of modern businesses, Mamo's agile and tech-first approach has resonated deeply with the UAE's entrepreneurial ecosystem. As it continues to scale, Mamo remains focused on key pillars: trust, simplicity, and financial empowerment. With the AED 1 billion milestone crossed, the company is doubling down on innovation to help businesses save time, reduce costs, and grow with confidence. About Mamo Mamo is a UAE-based fintech company that helps hundreds of businesses save time and costs by automating payment collection and corporate expense management through a single platform. In 2022, Mamo became the first fintech startup licensed by the DFSA with a Category 3C Providing Money Services license. For more information about Mamo and its services, visit
Zawya
29-05-2025
- Business
- Zawya
Aspire Integrates with Stripe to Help Businesses Get Paid 2x Faster
Aspire users can now offer credit card payments for invoices and through payment links, providing greater flexibility, ease and convenience to their customers. SINGAPORE - Media OutReach Newswire - 29 May 2025 - Aspire, the leading all-in-one finance platform for businesses, has integrated with Stripe, a leading global financial infrastructure platform to offer businesses more ways to receive payments—faster and seamlessly. This empowers businesses across Asia with more flexible payment solutions, allowing them to receive payments globally through credit and debit cards, Apple Pay, and Google Pay. Financial flexibility is a top priority for businesses, particularly in the B2B space, where payment cycles can often be lengthy. With the rise in adoption of virtual cards, 64% of businesses expect the ability to pay for their purchases online. Research shows that businesses that do not accept card payments experience an average revenue loss of 4.6%, highlighting a critical need for diverse payment options. Aspire's integration with Stripe aims to address this key gap by allowing Aspire users to enable credit card as well as local payments like Google Pay, Apple Pay, GrabPay, and WeChat Pay from customers directly for invoices and through payment links. This enables businesses to provide flexibility, convenience, and an overall easier payment experience for their customers. Additionally, new businesses can start accepting card payments immediately via Aspire, eliminating the need to invest in building a website or setting up complex payment infrastructures. Furthermore, the integration significantly improves settlement times. Aspire customers will now be able to access their funds as fast as three days, compared to the standard seven days. This enhanced speed and flexibility allow businesses to better manage cash flow, maintain financial stability, and reinvest in their operations with confidence. 'At Aspire, we are constantly looking for new ways to help businesses grow faster and operate more efficiently,' said Andrea Baronchelli, CEO and founder of Aspire. 'This partnership with Stripe aims to address two critical pain points – speed and flexibility. Together, we are removing the friction of money, empowering businesses to focus on what they do best: growing and scaling their operations.' ' Small and medium businesses make up over 97% of all businesses in APAC and are the lifeblood of any country's economy. Working together, Aspire and Stripe helps ensure that SMBs fully benefit from cutting edge technology to enjoy seamless and flexible payment solutions that accelerate their cashflow, so they can succeed in today's competitive landscape,' said Paul Harapin, Stripe's Chief Revenue Officer in Asia Pacific. This marks a significant step towards Aspire's mission to empower global businesses with the financial tools they need to thrive in the digital economy. By integrating Stripe's advanced payment technology, Aspire continues to strengthen its all-in-one financial platform, making it easier for businesses globally to manage payments, improve cash flow, and scale operations effortlessly. For more information on the Aspire-Stripe integration, visit Hashtag: #aspire The issuer is solely responsible for the content of this announcement. Aspire Aspire is the all-in-one finance platform for modern businesses globally, helping over 50,000 companies save time and money with international payments, treasury, expense, payable, and receivable management solutions - accessible via a single, user-friendly account. Headquartered in Singapore, Aspire has 600+ employees across nine countries, clients in 30+ markets and is backed by global top tier VCs, including Sequoia, Lightspeed, Y-Combinator, Tencent and Paypal. In 2023, Aspire closed an oversubscribed US$100M Series C round and announced that it has achieved profitability. Aspire
Malay Mail
29-05-2025
- Business
- Malay Mail
Aspire Integrates with Stripe to Help Businesses Get Paid 2x Faster
Aspire users can now offer credit card payments for invoices and through payment links, providing greater flexibility, ease and convenience to their customers. Aspire Integrates with Stripe to Help Businesses Get Paid 2x Faster SINGAPORE - Media OutReach Newswire - 29 May 2025 - Aspire , the leading all-in-one finance platform for businesses, has integrated with Stripe , a leading global financial infrastructure platform to offer businesses more ways to receive payments—faster and seamlessly. This empowers businesses across Asia with more flexible payment solutions, allowing them to receive payments globally through credit and debit cards, Apple Pay, and Google flexibility is a top priority for businesses, particularly in the B2B space, where payment cycles can often be lengthy. With the rise in adoption of virtual cards, 64% of businesses expect the ability to pay for their purchases online . Research shows that businesses that do not accept card payments experience an average revenue loss of 4.6% , highlighting a critical need for diverse payment integration with Stripe aims to address this key gap by allowing Aspire users to enable credit card as well as local payments like Google Pay, Apple Pay, GrabPay, and WeChat Pay from customers directly for invoices and through payment links. This enables businesses to provide flexibility, convenience, and an overall easier payment experience for their customers. Additionally, new businesses can start accepting card payments immediately via Aspire, eliminating the need to invest in building a website or setting up complex payment the integration significantly improves settlement times. Aspire customers will now be able to access their funds as fast as three days, compared to the standard seven days. This enhanced speed and flexibility allow businesses to better manage cash flow, maintain financial stability, and reinvest in their operations with confidence.'At Aspire, we are constantly looking for new ways to help businesses grow faster and operate more efficiently,' said Andrea Baronchelli, CEO and founder of Aspire. 'This partnership with Stripe aims to address two critical pain points – speed and flexibility. Together, we are removing the friction of money, empowering businesses to focus on what they do best: growing and scaling their operations.'Small and medium businesses make up over 97% of all businesses in APAC and are the lifeblood of any country's economy. Working together, Aspire and Stripe helps ensure that SMBs fully benefit from cutting edge technology to enjoy seamless and flexible payment solutions that accelerate their cashflow, so they can succeed in today's competitive landscape,' said Paul Harapin, Stripe's Chief Revenue Officer in Asia marks a significant step towards Aspire's mission to empower global businesses with the financial tools they need to thrive in the digital economy. By integrating Stripe's advanced payment technology, Aspire continues to strengthen its all-in-one financial platform, making it easier for businesses globally to manage payments, improve cash flow, and scale operations more information on the Aspire-Stripe integration, visit Hashtag: #aspire The issuer is solely responsible for the content of this announcement. Aspire Aspire is the all-in-one finance platform for modern businesses globally, helping over 50,000 companies save time and money with international payments, treasury, expense, payable, and receivable management solutions - accessible via a single, user-friendly account. Headquartered in Singapore, Aspire has 600+ employees across nine countries, clients in 30+ markets and is backed by global top tier VCs, including Sequoia, Lightspeed, Y-Combinator, Tencent and Paypal. In 2023, Aspire closed an oversubscribed US$100M Series C round and announced that it has achieved profitability.
