The Southeast Asian smart retail startup, Blue Mobile was founded in Shenzhen in the year 2014. The vending machine platform offers excellent services to customers, and it has subsidiary companies in many countries. Ever since the establishment of the company, Blue Mobile has exhibited a lot of major advancements. Moreover, the smart retail startup is famous for its flagship product known as BluePay Wallet, which is a mobile payment platform that has the full ability of payment and transfer without the hassle of a transaction fee.
Impressive Funding Support
The Southeast Asia-based vending machine platform, Blue Mobile has managed to raise funds from Hangzhou-based Ant Financial along with Beijing-based Joy Capital as co-investor.
Nonetheless, the amount of the Series C funding round has not been disclosed. As far as the utilization of the funds is concerned, the company has stated that it will use the money to explore collaboration with Tokopedia, Dana, True money, and Lazada mobile payments usage feasibilities. Established in Shenzhen in the year 2014, the vending machine platform now has subsidiary companies in countries such as Malaysia, Indonesia, Thailand, and Vietnam.
Offerings At A Glance
Ever since the inception of this smart retail startup, Blue Mobile has witnessed a great deal of growth. With subsidiary companies in a number of countries, Blue Mobile is still undergoing expansion.
The smart retail startup has a flagship product known as BluePay Wallet, which is a mobile payment platform that allows payment and transfer of funds without any transaction fee. Besides all that, the mobile payment platform handles more than 300,000 transactions on a daily basis. As per the claims of the company, Blue Mobile runs more than 6,000 smart vending machines all over Indonesia and Thailand. In the coming year, the startup aims to add up to 30,000 units. Furthermore, it also plans to get involved in a partnership with renowned e-money platforms.
The Road Map
Blue mobile is rapidly emerging as the best vending machine platform in Southeast Asia.
The funds raised by the smart retail startup will help the company to collaborate with popular financial technology brands and explore lucrative possibilities. Last but not least, Blue Mobile has been growing and expanding ever since its inception in 2014. On this account, Southeast Asia-based startup will undoubtedly be a widely known name in the coming time.
Get in touch with the team today.
Image Source- Google.