About Shangwutong
Shangwutong is a Financial Services company based in Baiyun (China) founded in 2011, and was acquired by Airwallex in March 2023. Web payment solutions are offered for logistics merchants. Its focus areas include FinTech, Payments, Business Payments and Industry Specific.
Company details
Founded in 2011 and based in Baiyun, China, Shangwutong operates in the logistics sector by delivering web-based payment acceptance solutions. Third-party payment interfaces are provided to support merchant transactions through options such as e-wallets, online collections, and banking payments. Additional services encompass fund management platforms, refund processing, account reconciliation, and order inquiries for operational efficiency.
- Headquarters Baiyun, China
- Stage Acquired
- SectorsFinancial Services
- Website 56zhifu.com
- Acquired by Airwallex (Mar 2023)
Investors in Shangwutong
Shangwutong has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Airwallex.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Cross-border payments are processed for businesses via tools and APIs. | 2015 | airwallex.com | Singapore, Singapore |
Investor details for Shangwutong
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Timeline of Shangwutong
2 dated milestones of Shangwutong across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Shangwutong is founded.
- Exit Acquired by Airwallex.
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Frequently Asked Questions about Shangwutong
Shangwutong was founded in 2011.
Shangwutong is headquartered in Baiyun, China. It is registered at Baiyun, Guangdong, China.
Founded in 2011 and based in Baiyun, China, Shangwutong operates in the logistics sector by delivering web-based payment acceptance solutions. Third-party payment interfaces are provided to support merchant transactions through options such as e-wallets, online collections, and banking payments. Additional services encompass fund management platforms, refund processing, account reconciliation, and order inquiries for operational efficiency.
Shangwutong has 1 investor. Key investors include Airwallex.
Yes. Shangwutong was acquired by Airwallex in March 2023.