EMQ Announces Close of $20M Series B Funding Round
07/28/20, 2:20 AM
Money raised
$20 million
Round Type
series b
EMQ, Asia’s leading financial settlement network, announced today the issuance of $20 million Series B Preferred Shares, led by WI Harper Group, with participation from new and existing investors including Abu Dhabi Capital, AppWorks, DG Ventures, Hard Yaka, Intudo Ventures, January Capital, Quest Venture Partners, SparkLabs Taipei, Vectr Fintech Partners, and VS Partners. EMQ will use the investment to further accelerate its international growth, product development and licensing activities across Asia, Europe and the Americas.
Company Info
Additional Info
EMQ operates a global financial settlement network that provides a faster, more affordable and transparent cross-border settlement solution for businesses around the world, while adhering to complex regulations and compliance standards in different markets. The company’s flexible network infrastructure has been built to effectively settle any cross-border movement of capital and can be deployed across multiple vertical industries for a broad range of services, including e-commerce, merchant settlement, procurement, remittance, payroll, etc. www.emq.com.