M-DAQ ASEAN Payments Hub and FX Solutions

M-DAQ Global is a Singapore-headquartered fintech group, licensed by the Monetary Authority of Singapore, that provides foreign exchange and cross-border payment infrastructure for businesses. Its website lists the head office at 15 Playfair Road, Singapore, and clients such as payment processors, remittance companies, e-commerce platforms and corporates.

Products include 4X forex solutions with spot, guaranteed-rate and forward contracts, the Wallex platform for payments and collections with partner API access and ASEAN Payments Hub virtual accounts, and the Aladdin FX engine for e-commerce and travel platforms. The website states payments in 47 currencies across 160+ countries.

• 4X Forex Solutions: spot conversion, guaranteed rates and 4XPro forward contracts.
• Wallex Payments and Collections: cross-border payments with partner API integration.
• ASEAN Payments Hub: virtual bank accounts in ASEAN currencies.
• Aladdin: proprietary FX engine for e-commerce, OTA and payment processors.
• Treasury and Hedging as a Service: treasury functions offered to clients as services.
• KYB onboarding: AI-driven KYB and risk management, per the July 2026 release.

• Vietnamese exporters and e-commerce sellers collecting foreign-currency sales and converting to VND.
• Payment processors and OTAs embedding FX pricing through the API or Aladdin engine.
• Corporates hedging import payments with forward contracts.

• FX conversion near mid-market rates with guaranteed-rate and forward options for hedging.
• Collections and payouts across ASEAN currencies through virtual accounts.
• Partner API and plug-and-play SaaS for embedding FX into e-commerce and payment platforms.
• Regulated by the Monetary Authority of Singapore, with an onshore VND path planned via METech and PayME.

Cross-border trade and e-commerce in ASEAN drive demand for multi-currency collections and FX hedging, while local licensing requirements push foreign providers to partner with onshore payment institutions. Vietnam is a major market for VND collections and payouts, which the July 2026 METech integration targets.

Home-grown and headquartered in Singapore, licensed by the Monetary Authority of Singapore. Announced on 2026-07-07 definitive agreements to integrate METech, majority shareholder of Ho Chi Minh City-based PayME, bringing the group to five regulated licences across four ASEAN markets.