About M-DAQ
M-DAQ is a company based in Singapore (Singapore) founded in 2010.. M-DAQ has raised $252.03 million across 5 funding rounds from investors including Ant Group, Samsung Venture Investment and NTT Communications. M-DAQ has completed 2 acquisitions, including Easypay Transfer and Wallex. M-DAQ offers products and services including Aladdin+, Wallex, and Trading the Right Chart™. M-DAQ operates in a competitive market with competitors including GAIN Capital, ION Group, Capitolis, Nasdaq Private Market and SunGard, among others.
- Headquarter Singapore, Singapore
- Stage Minicorn
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name M-Daq Pte. Ltd
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Annual Revenue
$27.84 M (USD)38as on Dec 31, 2021
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Net Profit
$-1.46 M (USD)59as on Dec 31, 2021
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EBITDA
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Total Equity Funding
$252.03 M (USD)
in 5 rounds
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Latest Funding Round
$147.5 M (USD), Series D
Aug 13, 2021
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Investors
Ant Group
& 11 more
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Employee Count
Employee Count
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Investments & Acquisitions
Easypay Transfer
& 1 more
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Products & Services of M-DAQ
M-DAQ offers a comprehensive portfolio of products and services, including Aladdin+, Wallex, and Trading the Right Chart™. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for home-currency pricing to reduce shopping cart abandonment
Manages international payments and FX conversions for businesses
Enables multi-currency trading for stock exchanges and brokers
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Funding Insights of M-DAQ
M-DAQ has successfully raised a total of $252.03M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $147.5 million completed in August 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series D — $147.5M
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First Round
First Round
(18 Oct 2013)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Series D - M-DAQ | Valuation |
investors |
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| Nov, 2019 | Amount | Series C - M-DAQ | Valuation | Samsung Venture Investment | |
| Nov, 2015 | Amount | Series C - M-DAQ | Valuation | Ant Group |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in M-DAQ
M-DAQ has secured backing from 12 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Ant Group, Samsung Venture Investment and NTT Communications. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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A leader in Asian private equity investments since 1998.
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Founded Year | Domain | Location | |
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Venture capital investments are made in promising startups.
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Founded Year | Domain | Location | |
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Government-backed investments are directed toward healthcare, fintech, and various sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by M-DAQ
M-DAQ has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Easypay Transfer and Wallex. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Easypay Transfer is acquired by M-DAQ Global for payment services.
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2017 | ||||
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Cross-border payments acceptance and management solution for businesses
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - M-DAQ
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
M-Daq Comparisons
Competitors of M-DAQ
M-DAQ operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as GAIN Capital, ION Group, Capitolis, Nasdaq Private Market and SunGard, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
White-label front-end trading solutions for capital markets are provided.
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| domain | founded_year | HQ Location |
Treasury management solutions are provided for financial institutions and banks.
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| domain | founded_year | HQ Location |
Trade management solutions are provided for investors in capital markets.
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| domain | founded_year | HQ Location |
White-labelled software for private market investments is provided to organizations.
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| domain | founded_year | HQ Location |
Enterprise Software
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| domain | founded_year | HQ Location |
Software suite offered to investment professionals for structured product access.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on M-Daq
Frequently Asked Questions about M-DAQ
When was M-DAQ founded?
M-DAQ was founded in 2010 and raised its 1st funding round 3 years after it was founded.
Where is M-DAQ located?
M-DAQ is headquartered in Singapore, Singapore.
Is M-DAQ a funded company?
M-DAQ is a funded company, having raised a total of $252.03M across 5 funding rounds to date. The company's 1st funding round was a Series C of $87M, raised on Oct 18, 2013.
What is the annual revenue of M-DAQ?
Annual revenue of M-DAQ is $27.84M as on Dec 31, 2021.
What does M-DAQ do?
Founded in 2010 in Singapore, M-DAQ focuses on financial services within the investment sector. Trade management solutions are delivered to support cross-border investments in exchange-traded products. Broker services, along with tools for inbound and outbound trades, are offered. Forex rates for futures, equities, and foreign securities are also made available to facilitate operations in international markets.
Who are the top competitors of M-DAQ?
M-DAQ's top competitors include Capitolis, Halo Investing and ION Group.
What products or services does M-DAQ offer?
M-DAQ offers Aladdin+, Wallex, and Trading the Right Chart™.
How many acquisitions has M-DAQ made?
M-DAQ has made 2 acquisitions, including Easypay Transfer, and Wallex.
Who are M-DAQ's investors?
M-DAQ has 12 investors. Key investors include Ant Group, Samsung Venture Investment, NTT Communications, Murano Corp, and Affinity Equity Partners.
What is M-DAQ's valuation?
The valuation of M-DAQ is $367M as of Nov 2019.
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