Razer Fintech Acquires Indonesian Payment Provider E2Pay to Complement Service Regionally

Razer Fintech, the financial technology arm of Razer, announced the acquisition of PT E2Pay Global Utama (E2Pay), an Indonesian B2B2C digital payment facilitators and e-money player.

Founded in 2012, E2Pay provides a breadth of payment solutions to merchants and financial institutions, including payment gateway, e-money, and remittance services licenses in Indonesia.

These services complement Razer Merchant Services, Razer Fintech's business-to-business arm regionally, as it facilitates cross-border payments for its 60,000 merchants to Indonesia.

"E2Pay is one of Indonesia's very few digital payment players that has a comprehensive set of licenses across various payment gateway services, e-money, and remittance. The acquisition of E2Pay allows us to accelerate our entry into Indonesia, one of the fastest-growing digital economies in Southeast Asia, as well as be able to better serve the digital payment needs of our regional and global merchants as the single partner of choice." said Lee Li Meng, CEO of Razer Fintech.

"E2Pay are very happy to have Razer Fintech onboard. We hope that the synergy between E2Pay and Razer Fintech will enable both organizations to tap on our merchant base to grow, expand and scale our platform's reach across Southeast Asia." said Rudy Danandjaja, Chairman of E2Pay.