EMQ: Closes Funding Round With $20M For Cross-Border Tech
- EMQ close of a $20 million Series B funding round led by WI Harper Group
- The investment will go toward more international growth, the company also said in the release, and product development
- Edward Liu, a partner at WI Harper Group, said the modern digital world would require more innovative payment practices as time goes on
- EMQ promises to eliminate “unnecessary intermediaries” between end points for payments and help with seamless, easy cross-border settlements
- Then the company recently unveiled a new program to help eliminate unnecessary wait times and cumbersome, confusing regulations
- The company targeted countries with particularly high cross-border transaction volumes in rolling out the tool
