Fintech
Octo3 and EVS Merge to Form FTS.Money (FTS)
In a pioneering move, October 3rda leading financial technology company, and Evangelisoft (EVS), a renowned banking technology solutions provider, has established FTS. Money (FTS). The new company, headquartered in Hong Kong, aims to disrupt the global fintech landscape by leveraging the combined strengths of Octo3 and EVS, two long-standing companies founded in 2012 and 2007, respectively.
A new power in fintech and banking technology
FTS represents the merger of Octo3 and EVS products and services, forming a solid entity ready to provide a full suite of fintech solutions. The consolidation of their financial services and large client portfolios promises unprecedented innovation and service excellence.
“We are thrilled to announce the creation of FTS, which embodies the shared vision and complementary expertise of Octo3 and EVS,” said Ajmal Samuel, founder and CEO of FTS.Money. “FTS will redefine financial technology and banking solutions, offering our clients a seamless and integrated experience around the world.”
Broadening the horizons of financial services
FTS.Money is set to transform the fintech industry with innovative products and services tailored to the dynamic needs of consumers and businesses. The company will offer a standardized API Hub, white-label advanced payments, ATM and core banking infrastructure, global payment switching, cryptocurrency acceptance, payment modernization solutions, and innovative financial services use cases.
These include modern payment gateways, digital banking platforms and wallets, payment orchestration, crypto gateways, e-voucher solutions, digital KYC and onboarding solutions, secure transaction processing and comprehensive financial analytics, ensuring robust and adaptable solutions to the growing market demands.
This strategic merger enhances FTS’s ability to serve a global customer base with localized solutions tailored to regional markets. Customers can expect greater reliability, security and efficiency in their financial transactions, supported by the technological expertise and market knowledge of Octo3 and EVS.
Commitment to innovation and customer success
With a strong commitment to innovation, FTS will continue to invest in cutting-edge technologies and develop new solutions that address the dynamic challenges of the financial industry. The company’s customer-centric approach ensures that customers receive advanced technology, unparalleled support and expertise.
“FTS is committed to leading the future of financial technology by focusing on delivering value and fostering long-term partnerships with our clients,” added Arshad Quayyum, co-founder and CTO of FTS.Money.
“We are excited about the possibilities and the positive impact we will have on the global financial ecosystem.”