HONG KONG--3 Sep--PRNewswire/InfoQuest
MPayMe announced today that their mobile business platform, ZNAP(TM), has been selected as a finalist for Red Herring's Top 100 Asia award, a prestigious list honouring the year's most promising private technology ventures from the Asia Pacific business region.
The Red Herring editorial team selected the most innovative companies from a pool of hundreds across Asia. The nominees are evaluated on both quantitative and qualitative criteria, such as financial performance, technological innovation, quality of management, execution of strategy and integration into their respective industries.
This unique assessment of potential is complemented by a review of company track records and standings, which allows Red Herring to see past the "buzz" and make the list a valuable tool for discovering and advocating the best business opportunities in the industry.
"Entrepreneurship in Asia has reached an inflexion point, and as a result Red Herring Asia 2013, has shifted into a new phase," said Alex Vieux, publisher and CEO of Red Herring. "A second generation of entrepreneurs with CEO backgrounds is emerging and their execution skills and global ambitions lead to restless growth and amazing journeys. As importantly, we are seeing more companies from countries once absent from innovation circles. MPayMe shows great promise and therefore deserves to be among the finalists. Now we're faced with the difficult task of selecting the Top 100 winners of Red Herring Asia. We know that the 2013 crop will reward us for long and continued efforts in scouting disruptive companies in Asia. The wealth of talent and achievements displayed by Red Herring Asia finalists is an excellent predictor for the new world rising."
Alessandro Gadotti, Group CEO of MPayMe, said: "We are delighted that ZNAP(TM) has been named one of the finalists for this prestigious award. Our technology is completely unique in the marketplace -- we have specialised in the area of Mobile Business with the ZNAP(TM) mobile business platform, however our technology enables transactions to be conducted across multiple channels. Our solution is currently in pilot with merchants in Asia-Pacific, Europe and North America. From our Hong Kong headquarters, we have expanded globally and now have offices in London, New York, Singapore, Tokyo and Bangkok. We have secured significant investment from a group of private investors with successful track records, and have assembled a world-class management team."
The finalists are invited to present their winning strategies at the Red Herring Asia Forum in Hong Kong, Sept. 3 to 5, 2013. The Top 100 winners will be announced at a special awards ceremony the evening of Sept. 5 at the event.
About MPayMe
MPayMe is an international business technology company. Founded in 2010, MPayMe has developed ZNAP(TM), an innovative mobile business platform. The ZNAP(TM) platform optimises transactions through the bundling of secure multi-channel mobile payments with value added solutions such as loyalty integration, business intelligence, geo-location in-app consumer communication, offer marketing and much more. Headquartered in Hong Kong and with offices in US, Europe, Asia and Japan, MPayMe will start operating its platform in different countries starting from August 2013 with well-known merchants and partners. MPayMe solutions are designed around the needs of merchants and consumers, in order to add value and solve real business problems. For more information visit http://www.mpayme.com and http://www.znappay.com