Mosaic Solutions expands portfolio with HelixPay acquisition and PayMongo alliance

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Azunta Gaviola

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6 months ago

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Manila, Philippines – Mosaic Solutions, a Philippine-based business tech provider, has recently expanded its portfolio through the acquisition of commerce enablement platform HelixPay and a strategic partnership with payments company PayMongo.

In a recent statement, the company stated that its combination with HelixPay now represents more than PHP 4 billion ($69.09m) in annualised transaction value.

This is supported by a robust network of strategic and financial investors such as the ACTIVE Fund, Gentree Fund, Foxmont Capital Partners, Sierra Madre, Oak Drive Ventures, Tenco Capital, Investible, PayMongo, and others.

Mosaic Solutions further indicated that said initiative streamlines processes by consolidating point-of-sale, payments, and digital commerce into a single, all-in-one solution. This first-ever unified commerce platform in the Philippines has allowed businesses across consumer sectors to integrate their physical and digital operations seamlessly.

Moreover, businesses can now benefit from the initiative’s single POS terminal and integrated system, which enables syncing with online operations effortlessly and offering a unified view of inventory and customers across all sales channels. Its advanced analytics further provide real-time insights, empowering businesses to make smarter decisions.

Commenting about the endeavour, Brett Doyle, chief executive officer at Mosaic Solutions, said, “This marks a fundamental shift in how Philippine businesses can operate. By bringing together Mosaic’s enterprise technology, HelixPay’s commerce capabilities, and PayMongo’s payment infrastructure, we’re removing the complexity that has held businesses back. One platform, one integration, unlimited possibilities for growth.”

Meanwhile, PayMongo’s secure payment infrastructure ensures smooth and reliable transaction processing across all payment methods that include cards, e-wallets, and online banking. This system also empowers restaurants to process tableside payments instantly while keeping their inventory up to date.

At the same time, retail stores can synchronise their physical and digital operations for a unified customer journey, while entertainment venues can simplify ticketing and concessions through a single integrated platform.

Following this expansion move, the company revealed its plans to develop a new advisory board made up of leading fintech and software executives in the Philippines. This initiative seeks to accelerate technology adoption and redefine business practices in the digital age.

Among the members of the Advisory Board are Jojo Malolos, CEO of PayMongo; Luis Sia, Chairman of PayMongo; Andrew Koger, Co-Founder of HelixPay; and Dan Marogy, former CEO of Foodpanda Philippines and past Managing Director of 7-Eleven Philippines.

Also speaking about the initiative, Luis Sia, chairman at PayMongo, remarked, “The future of commerce in the Philippines is being reshaped. Through this partnership, we’re building technology that enables businesses to sell smarter, get paid faster, and scale without friction.”

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