M-DAQ

About M-DAQ

M-DAQ provides integrated FX and payment solutions to simplify cross-border transactions for businesses. Their platform offers competitive currency conversion and guaranteed FX rates to mitigate risk, enabling efficient international payments and collections.

<problem> Businesses operating internationally face significant challenges in managing foreign exchange (FX) rates and executing cross-border payments efficiently. Fluctuating currency values introduce uncertainty, increase transaction costs, and can lead to higher cart abandonment rates for e-commerce platforms. Traditional payment systems often involve complex processes, multiple banking relationships, and unfavorable FX rates, hindering global trade operations. </problem> <solution> M-DAQ provides a suite of FX and payment solutions designed to streamline cross-border transactions for businesses. Their platform offers currency conversion at competitive, near mid-market rates and provides guaranteed FX rates for hedging purposes, mitigating currency risk. M-DAQ's integrated solutions enable businesses to manage international payments, collections, and FX exposure through a unified platform. By leveraging proprietary technology, they aim to reduce friction, enhance transparency, and optimize the financial operations of companies engaged in global commerce. </solution> <features> - **Aladdin+ Platform:** A scalable, integrable solution for home-currency pricing, enabling businesses to display prices in multiple currencies for international customers. - **Guaranteed FX Rates:** Offers the ability to lock in FX rates for customizable periods, providing certainty for transactions and hedging against market volatility. - **COM-PLAX™ Technology:** A patented VWAP (Volume Weighted Average Price) sourcing algorithm designed to achieve maximum pricing compression and competitive FX rates by aggregating liquidity from multiple providers. - **Wallex Payments:** A comprehensive platform for managing cross-border payments, collections, and currency holdings, supporting transactions in over 40 currencies across more than 180 countries. - **Trading the Right Chart™ (TRC):** A solution for stock exchanges and brokers that shifts FX conversion to the point of trade execution, enabling multi-currency trading and improving investor certainty. - **API Integration:** Provides seamless integration capabilities for businesses to connect M-DAQ's FX and payment solutions with their existing systems for Straight-Through Processing (STP). - **ASEAN Payments Hub:** Facilitates local collections and payouts across major ASEAN currencies through virtual bank accounts and a single platform. - **CheckGPT:** An AI-powered solution for expediting Know Your Business (KYB) compliance and onboarding processes. </features> <target_audience> M-DAQ serves a diverse range of B2B clients, including e-commerce platforms, online travel agencies, payment processors, remittance companies, stock exchanges, stockbrokers, and other fintech companies that operate internationally. </target_audience> <revenue_model> Revenue is generated through transaction fees on currency conversions and payments, as well as potential licensing or subscription models for their technology platforms and value-added services. </revenue_model>

What does M-DAQ do?

M-DAQ provides integrated FX and payment solutions to simplify cross-border transactions for businesses. Their platform offers competitive currency conversion and guaranteed FX rates to mitigate risk, enabling efficient international payments and collections.

Where is M-DAQ located?

M-DAQ is based in Singapore, Singapore.

When was M-DAQ founded?

M-DAQ was founded in 2010.

How much funding has M-DAQ raised?

M-DAQ has raised $147.6M.

Location
Singapore, Singapore
Founded
2010
Funding
$147.6M
Employees
314 employees
Investors
Amand Ventures

M-DAQ

10
Relative Traction Score based on online presence metrics compared to companies in the same age group.

Executive Summary

M-DAQ provides integrated FX and payment solutions to simplify cross-border transactions for businesses. Their platform offers competitive currency conversion and guaranteed FX rates to mitigate risk, enabling efficient international payments and collections.

m-daq.com20K+
Founded 2010Singapore

Funding

No specific funding rounds found.

Total Funding

$147.6M

Backed by

Affinity Equity PartnersAmand Ventures

Team (250+)

No team information available.

Company Description

Problem

Businesses operating internationally face significant challenges in managing foreign exchange (FX) rates and executing cross-border payments efficiently. Fluctuating currency values introduce uncertainty, increase transaction costs, and can lead to higher cart abandonment rates for e-commerce platforms. Traditional payment systems often involve complex processes, multiple banking relationships, and unfavorable FX rates, hindering global trade operations.

Solution

M-DAQ provides a suite of FX and payment solutions designed to streamline cross-border transactions for businesses. Their platform offers currency conversion at competitive, near mid-market rates and provides guaranteed FX rates for hedging purposes, mitigating currency risk. M-DAQ's integrated solutions enable businesses to manage international payments, collections, and FX exposure through a unified platform. By leveraging proprietary technology, they aim to reduce friction, enhance transparency, and optimize the financial operations of companies engaged in global commerce.

Features

Aladdin+ Platform: A scalable, integrable solution for home-currency pricing, enabling businesses to display prices in multiple currencies for international customers.

Guaranteed FX Rates: Offers the ability to lock in FX rates for customizable periods, providing certainty for transactions and hedging against market volatility.

COM-PLAX™ Technology: A patented VWAP (Volume Weighted Average Price) sourcing algorithm designed to achieve maximum pricing compression and competitive FX rates by aggregating liquidity from multiple providers.

Wallex Payments: A comprehensive platform for managing cross-border payments, collections, and currency holdings, supporting transactions in over 40 currencies across more than 180 countries.

Trading the Right Chart™ (TRC): A solution for stock exchanges and brokers that shifts FX conversion to the point of trade execution, enabling multi-currency trading and improving investor certainty.

API Integration: Provides seamless integration capabilities for businesses to connect M-DAQ's FX and payment solutions with their existing systems for Straight-Through Processing (STP).

ASEAN Payments Hub: Facilitates local collections and payouts across major ASEAN currencies through virtual bank accounts and a single platform.

CheckGPT: An AI-powered solution for expediting Know Your Business (KYB) compliance and onboarding processes.

Target Audience

M-DAQ serves a diverse range of B2B clients, including e-commerce platforms, online travel agencies, payment processors, remittance companies, stock exchanges, stockbrokers, and other fintech companies that operate internationally.

Revenue Model

Revenue is generated through transaction fees on currency conversions and payments, as well as potential licensing or subscription models for their technology platforms and value-added services.

Sources:

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