EurewaX, a Singapore-based company, has unveiled its intelligent cross-border payment cloud platform at the Singapore FinTech Festival. This new Full-Stack Solution is designed to help financial institutions swiftly enter the high-growth cross-border payments market. Built on a modular architecture, the platform integrates global payment networks and compliance resources, addressing key challenges in financial digitalisation, particularly in Belt and Road markets.
The platform’s modular design allows institutions to expand globally by reducing system capacity limitations, back-office build cycles, and connectivity costs. Joseph Lee, Founding Partner at KAIROUS, highlighted that EurewaX’s approach “materially lowers the barrier for institutions to expand globally.” The platform supports various models, including cross-border e-commerce and B2B trade, and offers customisable SaaS solutions to overcome technical challenges.
EurewaX’s solutions have already shown significant impact. A Singapore payment agency reduced settlement costs by 30%, whilst an Indonesian trading company managed FX volatility risks through EurewaX’s dynamic FX management. Additionally, a partnership with Globebill has enabled global collections and fund distribution, enhancing cross-border capabilities.
As Southeast Asia’s digital payment infrastructure strengthens, EurewaX’s platform is poised to become a crucial link between traditional finance and the digital economy, driving the region’s payments industry towards greater intelligence and globalisation.
