M-DAQ

wealthtech (retail)other investments platform

FOUNDING YEAR: 2010
LOCATION: Singapore
Last Update: 01/05/2020

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About

M-Daq offers multi-currency conversions for cross-border transactions that can be built into exchange-traded products and e-commerce supply chains based on an alogorithm that eliminates price discrimination and rates manipulation. It is the second place winner of Inaugural MAS Fintech Awards.

Focus

PRODUCTS & SERVICES

Trading & Securities Exchanges Web services

REVENUE MODEL

Company doesn't reveal its business model online.

MAIN CLIENTS

Financial Security traders

Stock Exchanges

Online Retailers etc

Traction

VALUATION / MARKET CAP:

$78 M in 2015

People

FOUNDERS

Wong Joo Seng

Richard Koh

BOARD MEMBERS AND ADVISORS

Wong Joo Seng

Richard Koh

Ong Peng Tsin

NUMBER OF EMPLOYEES

11-50

INVESTORS:

Aetius Capital

Alipay

Citi Ventures

EDBI

GSR Ventures

Murano Corp

Vickers Venture Partners

Momentum

FUNDED

YES

TOTAL FUNDING

$98.7 M

DATE OF LAST FUNDING

2015

FUNDING SERIES

SERIES B  · $11.7 M  · Oct 2013

SERIES C  · $87 M  · Oct 2015

LISTED

NO

COMMENT

Won a cash prize of S$100,000 (US$70K) at the MAS FinTech Awards in 2016.

BASICS

FOUNDING YEAR:

2010

LOCATION:

Singapore

Views:

151 VISITORS | 258 VIEWS
LATEST FUNDING ROUND

$98.7 M

TOTAL EMPLOYEES
11-50

About

M-Daq offers multi-currency conversions for cross-border transactions that can be built into exchange-traded products and e-commerce supply chains based on an alogorithm that eliminates price discrimination and rates manipulation. It is the second place winner of Inaugural MAS Fintech Awards.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

Focus+
Momentum+
Traction+
People+
Other+

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