Ant International Strengthens SME Payment Capabilities with Leadership Transition at 2C2P

Ant International is adjusting its strategic focus at 2C2P, a digital payment platform it invested in two years ago, by appointing Worachat Luxkanalode as CEO. The move reflects an expansion beyond enterprise clients to a broader SME market across Southeast Asia. Worachat, currently Managing Director of Grab Thailand, will assume leadership in April 2025, pending regulatory approval.

2C2P has been integrated into Ant International’s Antom division, aligning its services more closely with Antom’s global merchant solutions. The shift comes as the digital payments landscape in Southeast Asia continues to evolve, with businesses seeking more adaptable and cost-effective solutions. Since Ant International’s investment, 2C2P has nearly doubled its annual acquiring payment volume, while payment transactions from Antom’s core merchants have expanded over tenfold. The company has been increasing its presence in sectors such as eCommerce, travel, hospitality, and digital content, spanning key markets including Thailand, Singapore, Malaysia, Indonesia, the Philippines, and Vietnam.

The leadership transition follows the departure of 2C2P founder Aung Kyaw Moe, who will remain on the board until mid-2025. His tenure saw the company grow into a key payment provider for regional enterprises, while recent years have emphasized deeper integration with Antom’s full-stack payment infrastructure. 2C2P Thailand CEO Piyachart Ratanaprasartporn is also set to retire in April.

As part of its expanded offerings, 2C2P has launched initiatives such as the Antom Business Account, facilitating seamless local and cross-border transactions for merchants, and integrations with Ant International’s Platform Tech to optimize foreign exchange settlements. With Worachat’s experience in digital banking and financial services, the company’s direction will focus on bridging the gap between large-scale enterprises and SMEs, positioning itself as a more inclusive payment provider in the region.