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/biz/ - Business & Finance


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19851682 No.19851682 [Reply] [Original]

>partnered with Toyota
10th largest company in the world with a huge financial arm

We fucking mooning boys!!

>> No.19851778

???

>> No.19851849

>>19851682

They didn't. The company that owns them did.

>> No.19851863

>>19851849
read the press release dumbass and get in, OMG = working on the Toyota pay app

>> No.19851933

>>19851863
"I’m very excited to announce this funding round and new partnerships. Despite these challenging times, I see a lot of opportunities in accelerating development of quality products and services by our subsidiaries to better connect people, businesses and society. I strongly believe technologies and innovation are crucial to building a more accessible financial infrastructure.

The parent company makes no mention of OMG. People are speculating that omg will be involved but its speculation. The only thing certain is SYNQA raised 80 million dollars and that toyota was part of the group that invested.

Nothing fucking on omg working on toyota pay app.

>> No.19851957
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19851957

>>19851933
OMG Network and Omise are the only companies that SYNQA owns you retard, there’s nowhere else for the money to go

embarrassing

>> No.19851975

>>19851778
https://mobile.twitter.com/Vansa_OMG/status/1274872139439468545

>> No.19851984

>>19851957
No shit you fucking idiot. But no where does it say its partnered with toyota. Toyota invested cash into it. They are an investor not a partner.

read the fucking entire thing.

Plus only the parent company got the money invested. How much of that goes to OMG is ???

Fucking illiterate mongoloids

>> No.19852049

" Thailand-based fintech company SYNQA stated it had raised $80 million in a Series C funding round led by Siam Commercial Bank subsidiary SCB 10X and the Asia-based venture capital group SPARX. Other investors included the Japan-based Toyota Financial Services Corporation, Sumitomo Mitsui Banking Corporation, SMBC Venture Capital, and the Aioi Nissay Dowa Insurance Corporation."

Investors

>> No.19852053

>>19851984
Vansa from OMG Network just said during her PR for the launch of Main Net that they're (as in OMG Network) working with a car company on an APP. Don't get left behind fren.

>> No.19852090

>>19851984
It says they will be developing the Toyota wallet app with Toyota, that is literally a partnership. Read the articles before you embarrass yourself even more retard

SYNQA only has two subsidiaries, OMG Network and Omise the payment company that started OMG Network. The whole point of OMG Network is to run the Omise payment company on it. SYNQA doesn’t have any other businesses so there is nowhere for the money to go other than to further the potential of OMG Network and Omise

>> No.19852115
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19852115

>>19852049
Partners

>> No.19852131

>>19852090

Toyota wallet app was developed in 2019.

They offered examples that they hope to work on the development of apps LIKE tokyo wallet.

Read the fucking press release in its native language and you will see how fucking vague it is.

Did Toyota announce a partnership anywhere? No. Did Toyota announce that they invested in SYNQA? Yes

>> No.19852139

Kill yourself

>> No.19852152

>>19851682
Partnered with my left nut.

O M G!

>> No.19852153

>>19852115
Read the press release in fucking the native language.

Read Toyota statements on it.


Or the fact that Toyota wallet was released in fall 2019.

>> No.19852207

>>19852131
>>19852153
Just from Toyota themselves

“ We would like to inform you that we have made a strategic investment in Pte. Ltd, "SYNQA").
Since its establishment in 2015, SYNQA has been developing OMG Network, a highly scalable public blockchain including the online payment platform Omise Payment, to solve the problems of existing payment services. , Is expanding its business in the eWallet platform utilizing the company's own infrastructure.
TFS is a company that manages the domestic and overseas sales finance business of Toyota Motor Corporation (hereinafter referred to as "Toyota Motor Corporation"). We operate a smartphone payment application called "TOYOTA Wallet". Aiming to be a super app that is the basis of a mobility society that is not limited to simple payment functions, we will utilize SYNQA's payment service and blockchain technology to accelerate TOYOTA Wallet service content expansion, white label and global expansion.”
Using OMG Network to run the Toyota wallet service, there in black and white. That is a fucking partnership and bullish as fuck for OMG

>> No.19852227

All Tokyo said was they made investments.

Link the fucking partnership statement from toyota

>> No.19852271

>>19852207
Link Toyota statement that they are partnered and not investor.

Give me a toyota twitter, toyota website, any official source directly from toyota. I will even take a japanese website. I lived in Japan for two years.

>> No.19852319

>>19852271
https://mobile.twitter.com/JUN_SYNQA/status/1274894912387903490

Follow the link to Toyota’s own press release

>> No.19852358

>>19852271
“ We operate a smartphone payment application called "TOYOTA Wallet". Aiming to be a super app that is the basis of a mobility society that is not limited to simple payment functions, we will utilize SYNQA's payment service and blockchain technology to accelerate TOYOTA Wallet service content expansion, white label and global expansion”

Explicit statement of use of OMG Network by Toyota themselves. That is a commercial partnership. BTFO

OMG is THE enterprise solution to scale ethereum. Buy now or forever regret

>> No.19852435

>>19852358

Read the fucking document. Its press release statement stating Toyota investments. The first fucking line says this.

They investing to see where the technology goes and whether it can be integrated with tokyo wallet.

The rest of the document is about the other japenese holdings investing in it.

They use the word investment like 50 times in Kanji.

Page two isnt even about Toyota, its about the other japenese companies

>> No.19852486

>>19852358
Call it whatever the fuck you want, it’s Toyota working with OMG Network to utilise the blockchain for their app. I would call that a commercial partnership, but if Toyota want to call it an “investment” then so the fuck what, it’s extremely bullish for OMG Network that companies would give them 10s of millions of dollars to do that, this is huge news for OMG.

>> No.19852497

>>19852435
>>19852486

>> No.19852528

>>19852486
I can tell you the kanji word for partner does not exist in that document at all. I can tell you they are investing omg parent company to see if technology can be useful. I can also tell you they weren't the main contributor to the 80 million invested.

For a Japanese company to outsource the business that plans to rival Suica cards would be political suicide in Japan.

>> No.19852633

Soooo does toyota and the other companies own a piece of synqa?

>> No.19852706

>>19852633
Its possible. Details aren't clear. We don't know if they have voting power but the japanese companies will act as almost one functional unit.

For Toyota, it is a smart move because as I stated previously, if they want to rival Suica payment method it would have to be backed by much more than just one japanese company.

>> No.19852717

nice pump sirs

>> No.19852754

I have 10k OMG and I'm freaking out I'm not going to have time to get to 15k.

>> No.19852772

this shitcoin is still a thing lolololol?

>> No.19852849

>>19852754
youll be fine anon

>> No.19852868

>>19852754
10k x$28 nice work man!
oh wait

>> No.19852904

Its our time OmiseChads

>> No.19852915

>toyota sticker

>> No.19853563
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19853563

He is our savior.

>> No.19853600

Pump it

>> No.19853691
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19853691

>> No.19854611

Just a little speculation if Toyota really is going to be launching a mobile wallet on the OMG block chain.
The NSCAI was talking some shit about autonomous fleet vehicles pricing out personal car ownership. This is the only logical reason that a car company would get into the payments business. If autonomous vehicles are getting ready for prime time, we're looking at a true paradigm shift.

It only costs a few bucks to charge an EV. The maintainance costs are reduced to breaks and tires. Obviously this would be cheaper and more convenient for most commuters than owning a car, unless you need a work truck.

>> No.19854716

>>19851682
fuck, i was hoping to have another week of sub $1.50 OMG

got a decent bag greater than 52000 OMG, but wanted 60k. oh well.

this is the first domino of many that will have OMG over ATH by september

put me inn the screen cap and check em dude

>> No.19854818

>>19854611
So hitching a ride on a self-driving vehicle and each car has its own wallet to get paid. Or self-driving truck sends a shipment of goods and has a wallet to get paid.

>> No.19854843

>>19854818
you ever play the SNES game - F-zero? the wireless charing of autonomous vehicles will be a reality in 5 years or less. no need to stop to chartge the battery, simply drive in the 'charge' lane.. utilize the OMG tech to bill

>> No.19855160
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19855160

I dont think anyone is going to use a toyota app for payments

>> No.19855214

This shitcoin has been crabbing for two years now. You bagholders are real desperate huh. I feel sorry for you.

>> No.19855667
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19855667

$2 price target eow

>> No.19856663

>>19855160
Toyota is the 10th largest company in the world, they are more than just a car company, especially in japan. They have more revenue than Apple and are Japan’s largest company, with more than double the revenue of the next largest company SoftBank.

>> No.19856679

>>19855214
It’s +150% in the last month or so, still time to get in super early right now though

>> No.19856979

Bump for interest.

>> No.19857011

>>19856679
>early
BWAHAHAHA
Early was buying OMG before it hit 16 dollars. You're never getting back there and this shitcoin is just going to continue its crab movement because everyone forgot it.

>> No.19857171

>>19857011
>this much cope
Yikes