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EVONET Global

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Online marketing and advertising services

Singapore, SingaporeFounded 2020
Valuation $100–250M Last recorded · 2020
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for EVONET Global and the history behind them.

About EVONET Global

EVONET Global, established in Singapore in 2019, operates as a financial services platform focused on cross-border payments for digital-native sellers. The company is a fully owned subsidiary of CardInfoLink, a payment technology firm founded in 2010 that serves banks and non-bank institutions across Asia.

The firm's core business revolves around providing payment infrastructure that enables interoperability among mobile wallet operators and QR code acquirers. This allows merchants to accept a wide array of popular global and local payment methods, thereby increasing their online revenue streams. The service portfolio includes digital merchant acquiring, cross-border QR code payments, and inter-wallet remittances. For mobile wallet partners, EVONET's platform is designed to create new revenue opportunities by offering their users access to digitized financial services like international retail payments, remittances, and insurance. The company targets high-growth digital industries such as e-commerce, online gaming, content streaming, and AI services.

In December 2020, EVONET Global secured a significant milestone by raising USD 30 million in a Series A funding round. The investment was led by TIS INTEC Group, a Japanese IT solutions provider, through CardInfoLink. This capital was earmarked for enhancing its platform to support seamless cross-border transactions and expand its global presence, particularly in East Asia. A recent achievement in July 2025 was securing Mastercard's Principal Acquiring license in Hong Kong, which empowers the company to offer merchants faster settlement, competitive pricing, and secure, end-to-end payment processing. This license enhances its ability to provide streamlined onboarding, fraud risk management, and scalable cross-border payment options.

The company is led by CEO James Zhao and President Remas Ho. It operates as a Major Payment Institution licensed by the Monetary Authority of Singapore. With backing from prominent names like CardInfoLink, TIS INTEC Group, BC Card, and Sequoia, EVONET Global is positioned to facilitate digital commerce by simplifying the complexities of global payments for its clients.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2020
Headquarters
Singapore, Singapore
Employees
20
Open positions
1
Dealroom signal
50.3/100

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Dec 2020 $30M $120M TIS ↗
Showing the latest 1 of 1 recorded eventsBook a demo for the full funding history →

Growth signals

EVONET Global website traffic

Latest recorded traffic for EVONET Global is 2.4K monthly website visits, down 41.5% over the last three months. EVONET Global's team grew 42.9% over the past year.

Latest monthly visits2.4K 3-month web change-41.5% 1-year team growth+42.9%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

1 investor on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A1 investor entered at this stage

  • TIS
Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
3 countries with
team presence
🇭🇰 Hong Kong58.3%
🇨🇳 China16.7%
🇸🇬 Singapore16.7%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about EVONET Global on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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