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Waffo
Unified global payment platform for digital businesses
About Waffo
Waffo is a financial technology company that offers a unified payment platform engineered for digital native businesses. Founded in March 2023 by Jianshi Huang and a team of co-founders, the company is headquartered in Hangzhou, China, with a remote team spread across Singapore, Hong Kong, and Sydney. The core team possesses extensive experience from working at financial technology companies such as Ant Group, Paytm, and GCash. In April 2024, Waffo secured seed funding from investors including BAI Capital and Gaorong Capital.
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The company's primary service is a global payment solution that enables businesses to accept local payment methods and manage cross-border fund settlements. It aims to simplify global commerce for its clients by providing a single API that integrates over 300 local payment methods across more than 20 countries, with a focus on markets in Asia, Latin America, and Africa. The platform serves clients in sectors such as e-commerce and digital entertainment. Waffo's business model is centered on providing a comprehensive payment infrastructure that includes features like one-click checkout, AI-powered fraud protection, smart routing to optimize payment success rates, and automated reconciliation. This infrastructure is designed to be secure and compliant, having achieved PCI DSS certification.
Latest news
Press, funding announcements and product moves mentioning Waffo.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Feb 2026 | $15M | $60M | Illuminate Financial · HSBC · BAI Capital · Gaorong Ventures | ↗ |
| EARLY VC✓Equity / VC | Oct 2025 | $0 | — | HSBC | ↗ |
Growth signals
Latest recorded traffic for Waffo is 1.7M monthly website visits, up 6.3% over the last three months. Waffo's team grew 25% over the past year.
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A4 investors entered at this stage
HSBC
Illuminate Financial
Gaorong Ventures
BAI Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Waffo 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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