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EMQ Expands Global Footprint into Europe

December 18, 2019 GMT

HONG KONG & LONDON--(BUSINESS WIRE)--Dec 18, 2019--

EMQ, a global financial settlement network today announced the expansion of its global footprint into Europe to support business growth and meet the needs of the company’s diverse customer base. This expansion will enable businesses to seamlessly access UK Faster Payments and 44 markets in the SEPA (Single Euro Payments Area) zone.

“As businesses increasingly look beyond their borders for growth opportunities, they would require a flexible network infrastructure that removes the friction of cross-border payments and enables them to send money anywhere in the world and to any end point under one single platform,” said Max Liu, co-founder and CEO of EMQ. “Our new European gateway will provide our customers around the world with immediate access to this strategically important continent, in addition to EMQ’s constantly expanding footprint with more global market touch points in the near-term.”

Powered by EMQ’s global financial settlement network, businesses can now have instant access to Europe and make cross-border payments in Euro and GBP under one single API integration. EMQ’s Connect API integration platform is designed to streamline the complexity of making cross-border payments by providing solutions that can scale to meet the needs of businesses with high transaction volumes, enabling them to control their workflows for a seamless user experience. Businesses on EMQ’s platform can also benefit from greater security and comprehensive compliance to meet local regulatory requirements without the need to manage complex network infrastructure.

“We are excited about our expansion in Europe together with the opening of our new London office, which are key milestones in our international expansion strategy,” Liu added. “In the coming months, we will continue to grow our capability in Europe, and invest in our global network infrastructure to support the business growth of our customers.”

EMQ operates a global financial settlement network that currently spans across Europe, China, Hong Kong, Singapore, India, Indonesia, Japan, Vietnam, Cambodia, Thailand, Taiwan and the Philippines, with expansion underway across key business markets in Middle East, Africa and the Americas.

About EMQ

EMQ operates a global financial settlement network that provides a faster, more affordable and transparent cross-border settlement solution for businesses around the world, while adhering to complex regulations and compliance standards in different markets. Our flexible network infrastructure has been built to effectively settle any cross-border movement of capital and can be deployed across multiple vertical industries for a broad range of services, including e-commerce, merchant settlement, procurement, remittance, insurance, trade settlement, payroll, etc. For more information, www.emq.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191217005947/en/

CONTACT: Genevieve Li

Tel: +852 9200 3892

Email:genevieve@emq.com

KEYWORD: HONG KONG EUROPE UNITED KINGDOM ASIA PACIFIC

INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE

SOURCE: EMQ

Copyright Business Wire 2019.

PUB: 12/18/2019 12:59 AM/DISC: 12/18/2019 12:59 AM

http://www.businesswire.com/news/home/20191217005947/en