Hong Kong based cross-border remittances company raised $20m in Series B funding led by WI Harper Group.
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EMQ raises $20m in Series B funding for its cross-border financial settlement tech
EMQ’s technology is integrated by clients, including online banks digital wallets, e-commerce and merchant settlement providers and licensed financial institutions, into their existing networks, making it easier for them to perform cross-border remittances. EMQ is already licensed in Hong Kong, Singapore, Indonesia and registered as a Money Service Business in Canada. It has also been accepted into the regulatory sandbox launched by Taiwan’s Financial Supervisory Commission to encourage innovation by financial tech companies.
