Southeast Asia e-commerce giant Lazada has appointed Chun Li as its chief executive for Indonesian operations.
O4S will use the funding to strengthen its workforce, accelerate client acquisition, and build technology infrastructure.
The round also saw participation of the company's existing investors including Sequoia Capital, Matrix Partners, and Accel Partners.
Through the partnership with SCB, GET users can top up their GET PAY credits via the SCB digital banking app.
The company plans to utilize the funding to further strengthen its technology and network coverage.
Nag, who has been with PayU since 2011, joins others who have recently quit the company.
Hong Kong-based Composite Capital has also come on board as a new investor.
NEXEA, a Kuala Lumpur-based VC firm also participated in the funding.
The company is in advanced talks to raise $15 million in a Series A round.
The round was backed by Fosun, JD.com, ATM Capital, Redbadge Pacific and theAsianparent's Series B backers Global Grand and WHG Capital.
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