Company Research Report: FOMO Group

Company Overview

• Name: FOMO Group

• Mission: The company's mission is to build a payment ecosystem in Asia with seamless interoperability between fiat and digital currency, effectively connecting Web 2.0 & Web 3.0 for global businesses.

• Founded: 2015

• Founder(s): No information is available.

• Key People: Zack Yang, Co-founder

• Headquarters: 140 Robinson Road, #17-02 Tahir Building, Singapore 068907

• Number of Employees: No information is available.

• Revenue: No information is available.

• Known for: FOMO Group is renowned for offering one-stop digital payment, digital banking, and digital asset solutions. It is a major licensed payment institution in Singapore and Hong Kong, recognized as an award-winning financial institution that has developed a comprehensive suite of digital financial solutions.

Products

1. FOMO Payment

• Description: A one-stop digital payment solution for merchants, corporates, and financial institutions.

• Key Features: Supports a wide variety of payment methods, including both fiat and digital assets, intended for seamless and efficient transaction processes.

2. FOMO iBank

• Description: A service facilitating businesses’ everyday transactional banking requirements.

• Key Features: Provides multi-currency virtual accounts, enabling efficient business transactions.

3. CapBridge Treasury

• Description: A treasury service for wealth management needs.

• Key Features: Offers access to institutional-grade investment opportunities and manages digital assets bridging Web 2.0 & Web 3.0.

Recent Developments

• February 13, 2025: FOMO Pay integrated FDUSD stablecoin on Ethereum and Solana platforms, marking significant growth in stablecoin payment methods within the APAC region.

• December 4, 2024: Partnered with Whyze Solutions to streamline HR and Payroll processes, enhancing organizational efficiency and employee support.

• November 8, 2024: Collaborated with Mastercard to allow contactless card acceptance through FOMO SoftPOS, expanding digital payment accessibility.

• August 7, 2023: Acquired two financial institutions, CapBridge and 1exchange, expanding into capital markets.

• August 18, 2022: FOMO Pay raised USD 13 million in a Series A funding round, highlighting investor confidence and growth potential.

Conclusion

FOMO Group continues to solidify its standing as a leader in the digital payments and banking sector by continuously enhancing its offerings and expanding its reach through strategic collaborations and acquisitions. With a focus on bridging traditional and digital finance, the Group sustains its path of innovation and compliance, shaping the future landscape of global payments.