Kuala Lumpur, 16th October 2025 – Soft Space, the world’s leading Fintech-as-a-Service (FaaS) provider, today announced it has been named a Gold Winner in the Soft POS Innovation category at Juniper Research’s 2025 Fintech & Payments Future Digital Awards. 

This accolade builds on Soft Space’s solid track record of setting new benchmarks in payments technology. Its flagship SoftPOS solution, Fasstap, is the first in the world to receive the Mobile Payment Commercial Off-the-Shelf (MPoC) Solution Provider certification, awarded by the Payment Card Industry Security Standards Council (PCI SSC) in February 2024.  

This milestone underscores not only Soft Space’s compliance with the industry’s most stringent security and regulatory requirements by PCI SSC and various international card schemes but also confirms that Fasstap has matured into a mainstream product, grounded in applied innovation of a scalable architecture that will continue to drive its progress in years ahead. It also means Soft Space is able to deliver innovation that is scalable, regulated, and trusted across global payment ecosystem. 

“This award reinforces Soft Space’s role in setting global standards for SoftPOS and beyond. As payments evolve into new forms, from CBDCs to digital assets, our focus remains clear: to build technology that connects innovation with trust, and opportunity with inclusion.” said Joel Tay, Chief Executive Officer of Soft Space.

Fasstap’s innovation lies in its evolution, from a budget-friendly, SME-focused solution into a globally deployed platform serving banks, acquirers, and merchants of all sizes. Built on a scalable and compliance-ready architecture, it supports a wide spectrum of payment rails, from traditional card schemes to Central Bank Digital Currencies (CBDCs), stablecoins, and other digital assets, broadening financial inclusion while keeping merchant experiences frictionless. 

Soft Space’s latest partnership in Japan demonstrates this forward trajectory. The company successfully extended stablecoin settlement from basic wallet transfers to full merchant acceptance, a breakthrough that brings digital assets into enterprise-grade SoftPOS systems. This technical milestone bridges digital asset innovation with financial infrastructure, reinforcing Fasstap’s position as a future-ready platform capable of supporting next-generation payments, including universal Tap-To-Everything.  

Beyond innovation, Soft Space’s reputation for trust and performance continues to drive adoption. The company’s long-standing relationships with clients are built on a foundation of close human-centred collaboration and deep technical expertise, qualities that continue to inspire confidence and lasting partnerships. Today, Soft Space is the fintech partner of choice for over 90 financial institutions and partners across 30 markets. In Asia-Pacific, it has enabled Tap to Pay on iPhone in Japan, expanded contactless acceptance for Australian merchants, and launched SoftPOS for MSMEs in the Philippines, while extending its presence into Taiwan, Indonesia, North America, and Europe. 

The recognition by Juniper Research further validates Soft Space’s standing as a trusted innovation leader in the global fintech ecosystem. This momentum aligns with broader industry trends: SoftPOS transaction values are projected to surge from USD 23.9 billion in 2025 to USD 540 billion by 2030. With smartphone adoption and digital wallet usage rising worldwide, Soft Space is well-positioned to lead this transformation by empowering financial institutions and businesses to embrace contactless payments that are secure, compliant, and globally scalable. 

The Juniper Research Future Digital Awards have been running since 2008 and celebrate organisations that are set to deliver significant impact over the next five years. Winners are selected by Juniper Research’s team of analysts and industry experts, based on criteria including technological innovation, product impact, and future potential.