Fintech firm M-DAQ Global has launched its Wallex solution in Malaysia to simplify cross-border transactions and foreign exchange (FX) conversion for businesses of all sizes.
Wallex is designed to address the challenges of cross-border payments, offering a streamlined and cost-effective solution for managing FX risks and ensuring secure, compliant transactions.
With over 40,000 clients and expertise in ASEAN currency corridors, the platform supports businesses from small and medium enterprises (SMEs) to large corporations in handling payments both locally and internationally.
“M-DAQ Global is excited to introduce Wallex to the Malaysian market as part of our commitment to driving business success in a globalised market.
This launch strengthens our regional presence with a local office to empower Malaysian businesses with a robust solution to tackle international payment challenges and fuel global growth.”
said Reynels Lee, Head of Malaysia at M-DAQ Global.
“With Wallex now available in Malaysia, we’re expanding our capabilities across regional currency corridors to directly benefit local businesses. Our platform will help Malaysian companies simplify cross-border transactions with greater speed, support, and savings.
Having a local presence allows us to tailor our solutions to the specific needs of Malaysian businesses, supporting their growth and success in the global market.”
said Hiro Kiga, General Manager of Payments and Co-founder of Wallex at M-DAQ Global.
The introduction of Wallex follows M-DAQ Global’s acquisition of Malaysia-licensed B2B payments provider Easy Pay Transfers.
Featured image credit: Edited from Freepik
