M-DAQ

Singapore, Singapore Founded: 2010 • Age: 16 yrs
Trade management solutions are provided for cross-border investor activities.
Annual revenue $27.8M Latest available
Total funding $252.0M 5 rounds
Employees - Tracked headcount
Investors 12 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

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
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name M-Daq Pte. Ltd
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $27.84 M (USD)
    38
    as on Dec 31, 2021
  • Net Profit
    -$1.46 M (USD)
    59
    as on Dec 31, 2021
  • EBITDA
    Not available
  • Total Equity Funding
    $252.03 M (USD)

    in 5 rounds

  • Latest Funding Round
    $147.5 M (USD), Series D

    Aug 13, 2021

  • Investors
    Ant Group

    & 11 more

  • Employee Count
    Not available
  • Investments & Acquisitions
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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™.

Product name locked
Category locked
Primary

Platform for home-currency pricing to reduce shopping cart abandonment

Product name locked
Category locked
Locked

Manages international payments and FX conversions for businesses

Product name locked
Category locked
Locked

Enables multi-currency trading for stock exchanges and brokers

People of M-DAQ

Headcount 10-50
Employee Profiles 25
Employee Profiles
People
Zuda Ng
Associate Director, Product
People
Reza Primasatya
Data Scientist
People
Charles Guo
Head of Legal
People
Richard Koh
Founder & CEO

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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.

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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
A leader in Asian private equity investments since 1998.
Locked Locked Locked
Venture capital investments are made in promising startups.
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Government-backed investments are directed toward healthcare, fintech, and various sectors.
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Investor details for M-DAQ

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
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  • Participation history

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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.

Investments
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Investment portfolio details for M-DAQ

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Easypay Transfer is acquired by M-DAQ Global for payment services.
Locked Locked 2017 Locked
Cross-border payments acceptance and management solution for businesses
Locked Locked 2015 Locked
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Complete acquisition details for M-DAQ

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  • Domains and locations

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Financial Statements - M-DAQ

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Detailed financials for M-DAQ

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M-Daq Comparisons

M-DAQ Primary company
Description
Trade management solutions are provided for cross-border inv...
Location
Singapore, Singapore
Founded Year
2010
Annual Revenue
$27.84 M (USD)
Net Profit
-$1.46 M (USD)
EBITDA
Not available
Employees
Not available
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Peer comparison for M-DAQ

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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.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
White-label front-end trading solutions for capital markets are provided.
Locked Locked Locked
Treasury management solutions are provided for financial institutions and banks.
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Trade management solutions are provided for investors in capital markets.
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White-labelled software for private market investments is provided to organizations.
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Enterprise Software
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Software suite offered to investment professionals for structured product access.
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Detailed competitors of M-DAQ

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  • Domains and locations
  • Full company profiles
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Latest news on M-Daq

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Complete news archive for M-DAQ

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  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about M-DAQ

M-DAQ was founded in 2010 and raised its 1st funding round 3 years after it was founded.

M-DAQ is headquartered in Singapore, Singapore.

M-DAQ is a funded company, having raised a total of $252.03M across 5 funding rounds to date.

Annual revenue of M-DAQ is $27.84M as on Dec 31, 2021.

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.

M-DAQ's top competitors include Capitolis, Halo Investing and ION Group.

M-DAQ offers Aladdin+, Wallex, and Trading the Right Chart™.

M-DAQ has made 2 acquisitions, including Easypay Transfer, and Wallex.

M-DAQ has 12 investors. Key investors include Ant Group, Samsung Venture Investment, NTT Communications, Murano Corp, and Affinity Equity Partners.

The valuation of M-DAQ is $367M as of Nov 2019.

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