Second Pay Financing Inc., an online lending firm based in Taguig City, was recently chosen as one of the business partners in the Philippines of WeTrade Group Inc. (WeTrade), a global diversified “software as a service” (“SaaS”) technology service provider, to provide support to the company in its commitment to providing technical support and digital transformation tools for enterprises across different industries.
WeTrade has also entered into multiple strategic cooperation framework agreements with three other firms, Manny’s Money Remittance and Forex Services Inc., Supay Fintech Ltd., and Web3zero Limited, to be able to establish additional strategic alliances for its global e-commerce and payment business.
The global SaaS company and its allies agree to share resources, jointly develop global users and service users, promote various technical discussions on social e-commerce and financial technology (“fintech”), and formulate standards in relevant fields.
In a press release, Mr. Pijun Liu, Chief Executive Officer of WeTrade, said, “Social e-commerce has become increasingly popular for consumers worldwide. Additionally, convenient cross-board payment options are crucial for global users. We are very excited to establish alliances with our partners as they are all experts in the Philippine fintech industry.”
“Their capabilities,” he adds, “will provide much solid support for the future growth of the company and our various alliances. We look forward to providing users with more methods to improve their visibility in the global market and more options to increase their payment flexibility. We expect that these alliances can strengthen our market position, improve brand awareness, and create value for our shareholders.”
Second Pay Financing Inc. is a Taguig-based microfinance institution that specializes in providing financial solutions and services. Its mission is to provide Filipinos access to collateral-free credit in the shortest time possible by serving people and commercial organizations that experience financial difficulties and can not provide a full range of documents, confirm income, and fulfill other complex requirements of banks, investment companies, and credit card companies.
Manny’s Money Remittance and Forex Services Inc., meanwhile, is a Tondo-based company that provides money transfer services for individuals and institutions. It also offers financial services such as commercial bill discounts, consumer loans, and real estate-secured loans.
The third member of the alliance, Supay Fintech Ltd., is a New Zealand-based fintech company engaged in cross-border trading. Its goal is to provide a world-leading aggregated payment service so customers can enjoy a convenient and more efficient mobile payment anytime, anywhere.
Finally, Web3zero Limited is a fintech firm and world-leading payment solutions company that connects global payment solutions for merchants and customers, helping them migrate with all kinds of payment solutions worldwide. It also provides a cloud-based payment infrastructure that serves digital commerce merchants in sectors such as e-Sports/i-Games/Forex, Metaverse, NFTs, and the traditional e-commerce.
Providing support through digital transformation tools
As a global diversified SaaS technology service provider, WeTrade Group Inc. remains committed to providing technical support and digital transformation tools for enterprises across different industries.
The technology company’s three main business segments include YCloud, WTPay, and Y-Health.
YCloud is a micro-business cloud intelligent system launched by WeTrade that serves the global micro-business industry. It strengthens a user’s marketing relationships and CPS commission profit management through leading technology and big data analysis.
WTPay and Y-Health, meanwhile, help increase the payment scenarios to increase the customers’ revenue via multi-channel data statistics, AI fission, and management, as well as through an improved supply chain system.