Founded in 2016, Wallex is the leading FX and payments specialist for B2B companies transacting in Asia. In 2022, Wallex was acquired and is now part of the M-DAQ Global group of companies. The acquisition enables Wallex to deliver an enhanced FX experience to customers through more competitive FX rates and the algorithmic capabilities from M-DAQ's Aladdin solution.
Wallex’s customers are taking back control of their FX and payments processes through its robust and secure online platform, allowing them to convert and pay in 47 currencies, collect payments via virtual accounts, and hold funds in a wallet through the Wallex Global Business Account. Customers benefit from access to fast, seamless transactions with competitive exchange rates and fees, so they can take their money further.
M-DAQ Payment Solutions Pte. Ltd. is regulated by the Monetary Authority of Singapore (MAS) as a Major Payment Institution under licence no. PS20200433, PT Wallex Teknologi Berkat by Bank Indonesia (BI) under licence no 20/235/DKSP/83, and Wallex Technologies International Limited by the Hong Kong Customs and Excise Department under licence no. 19-12-02935.
Learn about how Wallex takes the friction out of moving funds across borders at www.wallex.asia.
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