- Blockchain SaaS provider WadzPay Worldwide has secured a $36.7 million capital commitment from GEM Global Yield through a share subscription facility (SSF).
- The agreement allows GEM to purchase WadzPay shares up to the committed amount, contingent on the company achieving a successful public listing within the next 36 months.
- WadzPay plans to use the funds to fuel its growth strategy, including acquisitions, partnerships, and organic initiatives.
- Founded in 2018 and headquartered in Singapore, WadzPay delivers virtual asset-based transaction processing, custody, and settlement solutions to clients across government, financial, and telecom sectors worldwide.
- Founder and CEO Anish Jain highlights the strategic importance of this partnership with GEM in supporting WadzPay’s global expansion and public listing ambitions.
