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Hero Company Building

Breaking down barriers in
cross-border trade

Money moves around the world every second of every day. At PingPong, we believe something so commonplace, so essential to business operations—such as sending funds to a supplier or making payments to your employees—shouldn’t be so complicated. But it often is.

That’s where we come in. PingPong’s purpose is to empower enterprises to grow globally and send, receive, and manage money with ease.

PingPong is dedicated to advancing the world of digital commerce and building long-lasting financial partnerships with global corporations, big and small.

How we got our start

PingPong’s journey began when CEO Robert Chen—armed with an MA in Mathematics and years of experience at the world’s top financial institutions—discovered the immense challenges e-commerce businesses faced when trying to expand globally.

Established in 2015 in New York by a team of close friends and professionals, PingPong was created with a mission to empower enterprises to expand globally, reach more customers, and keep more of their earnings.

With nearly a decade under its belt, PingPong has thrived, serving 1+ million customers, obtaining 55 financial licences, and facilitating $150+ billion USD in transactions.

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Our recent awards and recognition

World's Top 250 Fintech Startups of 2020
(CB Insights)
Top 100 Companies of 2022, Global Digital Trade Industry
(Forbes China)
Top 100 Global Cross-Border Payment Companies of 2023
(FXC Intelligence)
2023 Global Unicorns List

What’s happened along
the way

  • Appointed David Messenger CEO, Global Business
  • Obtained an Electronic Money Institution (EMI) licence from UK Financial Conduct Authority (FCA)
  • Approved by the Monetary Authority of Singapore (MAS) to operate as a Major Payment Institution (MPI)
  • Received Australian Financial Services Licence (AFSL) from the Australian Securities and Investment Commission (ASIC)
  • Surpassed $150 billion USD in cumulative transaction volume
  • Surpassed $150 billion USD in cumulative transaction volume
  • Surpassed $80 billion USD in cumulative transaction volume
  • Launched 3 new products
  • Upgraded to an EMI licence in Luxembourg
  • Named one of the world’s top 250 fintech startups by CB Insights
  • Reached 1 million customers
  • Reached a valuation of $1 billion USD
  • Expanded to India, Vietnam, and Singapore
  • Launched Business Intelligence services and Tax SaaS products
  • Launched Working Capital Management product Light Year for e-commerce sellers
  • Became the first Chinese fintech company to secure a Payment Institution (PI) Licence in Luxembourg
  • Partnered with major banks and marketplaces, including Citibank, Wells Fargo, Wish, and UnionPay
  • Became a verified payment service provider on Amazon Seller Central
  • Founded in New York and established headquarters in Hangzhou, China
  • Reached a monthly transaction volume of $3 million USD
  • Received Money Service Business (MSB) license by America FinCEN
  • Obtained Money Transmitter License (MTL) in multiple US states

1000+ employees. 30 offices.

11 countries. 1 team.

With offices and employees around the world, PingPong is uniquely positioned to serve companies on a global scale with local expertise.

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Hong Kong
built in partnership with the world's most trusted banks

Unlock the power of the PingPong platform

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