M
M-DAQ
allows users of securities and stock exchanges to trade across borders in multiple currencies
About M-DAQ
M-DAQ, a Singapore-based fintech company, focuses on providing cross-border payment solutions. The company's primary service is to facilitate the pricing and trading of products in various currencies, addressing the challenges of foreign exchange (FX) volatility for businesses and their customers.
M-DAQ's business model revolves around its proprietary technology that allows for real-time, guaranteed foreign exchange rates. This enables e-commerce platforms, securities exchanges, and other businesses to offer their products and services in the local currency of their customers, while still receiving payment in their own preferred currency. The company's revenue is likely generated through transaction fees, licensing of its technology, and by capturing the bid-ask spread in foreign exchange transactions.
The company serves a diverse client base, including e-commerce marketplaces, online travel agencies, and financial institutions. By integrating M-DAQ's solutions, these businesses can enhance the user experience for their international customers, potentially increasing sales and customer loyalty. The market for M-DAQ's services is the rapidly growing global e-commerce and cross-border trade sector, where currency conversion and FX risk management are critical.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2010
- Headquarters
- Singapore, Singapore
- Employees
- 330
- Open positions
- 48
- Dealroom signal
- 93.6/100
- Industry
- Fintech
- Sub-industry
- Wealth Management
- Sector
- Fintech, Financial Exchanges, Trading, Supply Chain Management, Risk Management, Security, Foreign Exchange, Money Transfer, Stock Exchange
- Client focus
- b2b
- Investment activity
- 3 companies, latest Jul 2024
- Capital deployed
- $1.4M
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES EOther financing | Nov 2024 | $100M | $737M | Undisclosed | ↗ |
| SERIES DOther financing | Aug 2021 | $147M | $589M | Affinity Equity Partners · VentureCap Insights | ↗ |
Growth signals
Latest recorded traffic for M-DAQ is 7.7K monthly website visits, down 1.3% over the last three months. M-DAQ's team grew 3.1% over the past year.
Open positions
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Easy Pay TransfersPetaling Jaya, Malaysia
→
HolyWallyLisbon, PortugalDigital finance can be this simple
$6Mvaluation
WallexSingapore, SingaporeInternational payments and cash management for businesses
→
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A4 investors entered at this stage
GSR Ventures
Citi Ventures
Vickers Venture Partners
EDBI
Series B and later3 investors entered at this stage
Ant Group | Alipay
Affinity Equity Partners
VentureCap Insights
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about M-DAQ 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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