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