21 May 2015, Amsterdam
 
Jan Manten, founder & former CEO of GlobalCollect, has announced that he has invested in Newgen Payments, a New Delhi and Amsterdam-based Online Payments and E-Commerce solution provider that provides a 360° approach in taking brick-and-mortar merchants online quickly and seamlessly.

 

The entire world is shifting from offline to online. To be successful, merchants in all industries need to ride the E-Commerce wave or risk losing out on the increasing number of online customers. India is the next great frontier for the global E-Commerce market, and Newgen is uniquely situated to take advantage of the growing need for end-to-end solutions.

 

Newgen is focused on addressing this crucial market by helping international merchants enter the Indian E-Commerce market, as well as bringing Indian merchants online.

 

Newgen works hand-in-hand with its clients by designing their websites, providing development & hosting services, and simplifying the checkout process by offering the widest range of payment options. Its proprietary analytics software helps boost sales, protects against fraud, ensures website security and optimizes shipping options.

 

Bringing merchants online with end-to-end E-Commerce solutions

Newgen’s extensive knowledge and wealth of experience in E-Commerce and online payments help merchants increase conversion rates, reach more customers, and optimize their operations. Newgen’s end-to-end solutions enable merchants to focus on their core business, while Newgen handles all aspects of their online platform.

 

Sunil Jhamb is the Founder & CEO of Newgen Payments. Sunil is clear on Newgen’s mission: “Our international team, expertise in online payments and network enable us to act as a partner for international merchants to set up their business in India. We help these international brands enter and succeed in the Indian E-Commerce market.”

 

Sunil’s prior experience in heading global sales planning & strategy at GlobalCollect has given him the credentials to identify and develop unique online payments opportunities around the globe.

Fully cloud-based payment gateway platform

Newgen‘s cloud-based payment gateway enables merchants to accept payments easily and securely from their website or app. It is the first fully cloud-based payment gateway in India built on the Microsoft Azure platform; providing speed, scalability and the maximum uptime possible for merchants.

 

Newgen offers a single reconciliation for all payment types, regardless of the payment method: online, mobile, card present or cash on delivery.

 

With Newgen, it’s easy to transact business online with no software to download or maintain. Merchants can choose their own E-Commerce website template, easily market their products or services, accept orders, and ship their merchandise – all with just a few clicks.

 

About Newgen Payments

Newgen Payments was founded in 2014. Newgen’s platform lets merchants effortlessly create an online and mobile E-Commerce presence. Merchants can have a complete E-Commerce solution built to their own specifications and display their products all without having to worry about payment methods or shipping options.

 

Newgen’s international team brings over 60 years of combined experience in providing E-Commerce solutions across the globe.

 

Jan F. Manten, Investor

Co-founder and CEO of GlobalCollect (1994 – 2011), a leading global online payments company. Prior to GlobalCollect, Mr. Manten served in Treasury and Cash Management positions at international corporations and in the banking industry. Currently, he is an investor in new and innovative companies and holds board positions at a number of startup companies in various industries.

 

Sunil Jhamb, Founder & CEO

Sunil Jhamb has over 15 years’ experience in international sales and business consulting. Prior to founding Newgen, Sunil was responsible for GlobalCollect’s global sales planning and strategy, where he developed corporate strategies that drove new revenue opportunities. Sunil holds an MBA from the University of Amsterdam.

The Paypers

Amsterdam, KvK nr. 64567443

Delhi, CIN U72900DL2013PTC257716

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