# EMQ

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/emq

- Industry: Financial Services
- Headquarters: Hong Kong, Hong Kong SAR - China
- Website: www.emq.com
- Total disclosed funding: $43M
- Latest round: Series B (Dec 31, 2020)
- Investors on record: 17

## About

EMQ Limited is a Hong Kong-based company that provides a comprehensive global payments network, enabling seamless financial transactions for businesses in the digital economy.Founded in 2014 in Hong Kong, EMQ Limited specializes in financial technology solutions, focusing on payment processing. The company has successfully raised a total of USD 23.00 mn through its latest funding round, the Series B in December 2020, which included investments from Jiyuan Capital and GL Ventures among others. The CEO and founder, Max Liu, has a history of establishing companies in the fintech sector. EMQ has engaged in three deals since its inception, with its most recent deal concluded on December 31, 2020.EMQ specializes in providing a comprehensive global payments network designed to facilitate seamless financial transactions for businesses operating in the digital economy. Their core product offerings center around a flexible and scalable payments infrastructure that enables various use cases, including international business payments, consumer payments, and gig economy transactions. The solutions allow businesses to process international payments with the same efficiency as domestic ones, enhancing the customer experience with frictionless payment options. EMQ serves a diverse client base, including banks, payment service providers, and money service businesses across multiple geographical markets, emphasizing accessibility and operational agility in regions such as Asia, Europe, and North America.EMQ generates its revenue primarily through transaction-based fees associated with its payment processing solutions. Clients engage with EMQ through various transaction structures, including partnerships with banks and payment service providers, as well as direct business-to-consumer transactions. The pricing model typically involves fees for processing individual transactions, which can vary based on the service utilized, such as international payments or consumer payment solutions. The company's flagship offerings leverage sophisticated technology to ensure efficiency and reliability in money transfers, positioning EMQ as a key player in the global payments landscape.With the USD 23.00 mn raised in Series B funding in December 2020, EMQ Limited plans to expand its product offerings and enhance its payment solutions further to meet the evolving needs of businesses worldwide. The company is targeting expansion into new markets, particularly in Europe and North America, with plans to establish a presence there by the end of 2022. Recent funding will be utilized to develop new products and enhance their existing infrastructure, ensuring they remain competitive in the fast-paced fintech environment.

## Funding rounds

- Series B, Dec 31, 2020, $23M — Oriental Fortune Capital, Vision Knight Capital, In Capital, Unity Ventures, Chenhui Venture Partners, GL Ventures, Jiyuan Capital
- Series B, Jul 28, 2020, $20M — Abu Dhabi Investment Authority, WI Harper Group, Quest Venture Partners, DG Ventures, AppWorks, SparkLabs Global Ventures, Vectr Ventures, Intudo Ventures, Hard Yaka, January Capital

## Investors

- Abu Dhabi Investment Authority — Series B
- WI Harper Group (https://capitalatlas.ai/funds/wi-harper-group) — Series B
- Quest Venture Partners (https://capitalatlas.ai/funds/quest-venture-partners) — Series B
- DG Ventures (https://capitalatlas.ai/funds/dg-ventures) — Series B
- AppWorks (https://capitalatlas.ai/funds/appworks) — Series B
- SparkLabs Global Ventures (https://capitalatlas.ai/funds/sparklabs-global-ventures) — Series B
- Vectr Ventures (https://capitalatlas.ai/funds/vectr-ventures) — Series B
- Intudo Ventures (https://capitalatlas.ai/funds/intudo-ventures) — Series B
- Hard Yaka (https://capitalatlas.ai/funds/hard-yaka) — Series B
- January Capital (https://capitalatlas.ai/funds/january-capital) — Series B
- Oriental Fortune Capital (https://capitalatlas.ai/funds/oriental-fortune-capital) — Series B
- Vision Knight Capital (https://capitalatlas.ai/funds/vision-knight-capital) — Series B
- In Capital — Series B
- Unity Ventures (https://capitalatlas.ai/funds/unity-ventures) — Series B
- Chenhui Venture Partners (https://capitalatlas.ai/funds/chenhui-venture-partners) — Series B
- GL Ventures (https://capitalatlas.ai/funds/gl-ventures) — Series B
- Jiyuan Capital (https://capitalatlas.ai/funds/jiyuan-capital) — Series B
