2C2P and Ant Group Partner to Accelerate Digital Payment Adoption

Singapore – April 21, 2022 – Cooley advised 2C2P, a global payments platform, on its strategic partnership with Ant Group, an innovative technology provider that strives to bring the world inclusive, green and sustainable services. Lawyers Matthew Bartus and Gwenlynne Lee led the Cooley team advising 2C2P.

Upon completion of the partnership, which is intended to accelerate digital payment adoption and innovation, Ant Group will become the majority shareholder of 2C2P.

“Digital payment adoption has accelerated rapidly in recent years, spurred by the pandemic, with mobile wallet payments widely gaining momentum across Asia,” Aung Kyaw Moe, founder and CEO of 2C2P, said in a press release. “Through this complementary partnership with Ant Group, 2C2P will be connected to a much larger merchant base and be well-positioned to advance our international expansion strategy.”

Headquartered in Singapore, 2C2P is a full-suite payments platform helping the world's enterprises securely accept and make payments through one point of integration. Its far-reaching network extends across online, mobile and offline channels including more than 400,000 alternative payment locations, enabling enterprises to reach their customers or recipients anywhere. 2C2P also provides value-added services such as issuing, 3D secure, bill payments and digital goods to meet every business need.

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Related Contacts
Matthew Bartus  Partner San Francisco, Singapore, Palo Alto
Gwenlynne Lee  Counsel Singapore
Xinwei Li  Associate Singapore
Shu-en Wee  Associate Singapore
Natasha Kaye  Partner London
Pearlynn Wang  Associate Singapore
Jack Jones  Associate London
Marzia Di Candido  Associate London
Andrew Harline  Partner Singapore, Shanghai
Amy Collins  Special Counsel London
Karen Tsai  Special Counsel Washington, DC
Nicola Squire  Partner London
Leo Spicer-Phelps  Associate London
Kristin O'Hanlon  Special Counsel San Francisco
Rama Padmanabhan  Partner San Diego
Blake Martell  Partner San Francisco
Xander Lee  Partner Los Angeles – Santa Monica, Los Angeles – Downtown
Paula Holland  Partner London
Rachel F. Katz  Associate New York
Rachel Thorn  Partner New York
Chris Coulter  Partner London
Charlotte Lennon  Associate London
Ajay Athavale  Associate San Francisco
Yi Jia Ng  Associate Singapore
Sanat Deshpande  Paralegal Singapore