Bluzelle Partners with MatchMove to Build Next Generation Global B2B Payments Network
Singapore, 14 November 2016 – Bluzelle, a fast growing distributed ledger technology (DLT) platform which works across different blockchain protocols, today announced a strategic partnership with MatchMove to build a next-generation global B2B payments network focused on seamless, secure, fast and cost-effective commercial transactions.
Pavel Bains, CEO, Bluzelle said, “Through the Bluzelle Network, we strive to offer faster deployment, flexibility and adaptability. We are extremely excited to have an innovative partner like MatchMove, offering the best in digital payments.”
“Using MatchMove’s Wallet OS platform and Bluzelle’s distributed ledger technology (DLT), this network will enable any business owner anywhere in the world to send and receive payments at the most optimal speed and cost with greater security than today’s methods. Wires, drafts, cheques and traditional clearing will be replaced by simplified, competitive pricing and high transaction speeds. This will drive cost savings and efficiencies for everyone in the B2B value chain”, said MatchMove CEO Shailesh Naik, speaking at an event during the Singapore Fintech Festival.
“There is a growing worldwide acceptance of distributed ledger technology (DLT) and blockchain — and the industry view is that this will bring a radical shift in the way financial assets and the way the financial industry will operate in the future. This partnership with Bluzelle, an acknowledged leader in blockchain, will be of significant value to enterprises who transact in a globalised marketplace. They will no longer have to worry about going through prolonged processes and incurring high costs,” said Kaustuv Ghosh, SVP Product, MatchMove. “At MatchMove, we are committed to partner with companies that offer cutting-edge technology or services to their clients. Our tie-up with Bluzelle is another step in that direction. We are certain that the flexibility, speed, security that the Bluzelle technology offers will set new industry benchmarks.”
About MatchMove Pay
MatchMove Pay is a financial technology company that provides innovative, end-to-end enterprise payment solutions to help startups and large enterprises increase revenue and boost user engagement through its patented technologies. Our proprietary cloud-based MatchMove Wallet OS™ enables any company to easily offer their customers a fully branded, secure mobile wallet solution that includes P2P transfer, Remittance, Top Up channels, Virtual Payment Cards, Loyalty Points & Rewards, Promotions & Offers amongst many other features.
MatchMove Pay has consistently been recognised internationally for its outstanding innovation. In 2013, MatchMove was ranked as Singapore’s fastest growing technology company in Southeast Asia in the Deloitte Technology Fast 500 Asia Pacific. In 2014, MatchMove emerged as the “Top Global Innovator” in the Global Fintech competition, the SWIFT Innotribe Innovator Challenge in Boston. In 2016, MatchMove was recognised as Most Promising Solution Provider – Banking and Software by APAC CIO Outlook and Most Innovative Financial Technology Provider in Singapore by Global Business Awards.
MatchMove Pay is headquartered in Singapore with offices in Vietnam, Indonesia, Thailand, India and The Philippines.
Bluzelle provides a network of blockchain powered financial applications for banks, insurers and mobile financial services. These includes KYC, insurance management, smart contracts and international payments. It’s customers of financial institutions cover Canada and Asia Pacific. The company has been named to the top 100 Global Fintech Innovators and is recognized by Singularity University as a leader in Exponential Finance.
Bluzelle is headquartered in Singapore with a Research & Development office in Vancouver, Canada.
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VP of Marketing, MatchMove Pay Pte Ltd