JIC Venture Growth and Mars Growth Capital led a $120m Series C+ funding round in Synqa.

JIC Venture Growth, an investment fund manager, and Mars Growth Capital, a venture capital fund, led a $120m Series C+ funding round in Synqa, a payments startup formerly known as Omise. The proceeds will be used to expand its footprint and lineup of products. It currently offers online payment processing for 7k merchants, including major brands such as McDonald's and Toyota, in Thailand, Singapore, Malaysia, Indonesia and Japan. Online or off, many shoppers in the region have become users of its services without knowing, due to its nature as a background service provider.