WadzPay secures $50m investment from GEM Global Yield

It will fund its acquisitions, partnerships, and organic initiatives.

WadzPay Worldwide Pte. Ltd. secured a $50m investment commitment through a Share Subscription Facility (SSF) from GEM Global Yield LLC SCS.

The SSF aims to accelerate the company's growth strategy via acquisitions, partnerships, and organic initiatives.

It will allow WadzPay to call upon GEM to subscribe for ordinary shares within a 36-month period after a successful public listing.

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