About SUNRATE
SUNRATE is a company based in Singapore (Singapore) founded in 2016 by Paul Meng, Bao Han, and Joshua Bao. SUNRATE offers products and services including Global Payment, International Payments, Commercial Cards, and Treasury Solutions. SUNRATE operates in a competitive market with competitors including Airwallex, Rapyd, Currencycloud, Flywire and Thunes, among others.
- Headquarter Singapore, Singapore
- Founders Paul Meng, Bao Han, Joshua Bao
- SectorsFinancial Services
- Website category Finance · Financial Planning and Management
- Email••••••••
- Phone•••• ••••
- Website sunrate.com
- Social LinkedIn X Facebook
- InvestorsPeak XV Partners
& 8 more
Products & Services of SUNRATE
SUNRATE offers a comprehensive portfolio of products and services, including Global Payment, International Payments, Commercial Cards, and Treasury Solutions.
Enables payments in over 190 countries and 130 currencies
Facilitates secure money transfers with cost transparency
Offers customizable multi-currency cards for payments
Provides FX trading and hedging for risk management
Funding Insights of SUNRATE
- Total Rounds 3
- Investors Count 9
All 3 funding rounds of SUNRATE with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2023 | – | Series D | – | Peak XV Partners | |
| Dec 2021 | – | Series C | – | SBVA | |
| Jul 2017 | – | Series A | – | Hua Chuang Capital | – |
9 investors in total: 9 institutional.
Investors in SUNRATE
SUNRATE has secured backing from 9 investors, including venture fund investors. Prominent investors backing the company include Peak XV Partners, Prosperity7 Ventures and SBVA.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in startups and providing support programs. | 2000 | peakxv.com | Bengaluru, India | |
Venture capital fund focused on enterprise tech, fintech, deep tech, AI, B2B, B2C, and medtech companies | – | prosperity7vc.com | Dhahran, Saudi Arabia | |
Early-stage venture capital arm of SoftBank Group | – | sbvacorp.com | Seoul, South Korea | |
Investments in early-stage tech startups are made by JAFCO Asia. | – | jafcoasia.com | Singapore, Singapore | |
Early-stage VC investments in Chinese tech startups are focused on. | – | k2vc.com | Beijing, China | |
TMT focused VC firm for early-stage startups | – | rpvchina.com | Beijing, China | |
- | – | bpc.tcc.mode | - | |
- | – | tdfimpactinvestment.tcc.mode | - | |
- | – | cgcvc.com | - |
Investor details for SUNRATE
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of SUNRATE
22 people are tracked at SUNRATE (11 in leadership, 11 in team).
| Name | Role | Group |
|---|---|---|
Paul Meng | Co-Founder | Leadership |
Bao Han | Co-Founder | Leadership |
Joshua Bao | Co-Founder & CEO | Leadership |
Rachel Yang | Director | Leadership |
Paul Batchelor | Head Of Sales Europe | Leadership |
Darren Thang | Head Of Global Marketing | Leadership |
Coco H. | Global General Manager, New Market Expansion | Leadership |
Mohsin Mehmood | Head Of MESA (middle East & South Asia) | Leadership |
Qincheng Wang | Head Of Product | Leadership |
Jonathan Wang | Head Of Corporate Development And Deputy CFO | Leadership |
Brian Bian | Global Key Account Director | Leadership |
Dawn Lee | Senior SEO Copywriter | Team |
Alaina Zhong | Bd经理 | Team |
Yuliang X. (Will) | Product (collection & Payment) | Team |
Victor Huang | Senior Manager | Team |
Shirley Zhang | HR | Team |
Felicia Theodorus | Marketing Specialist | Team |
Allie Lai | Senior Manager | Global Business Payments | Treasury Management | Team |
Alison S. | Risk Compliance • Payments | Team |
Alex Wu | Compliance Manager | Team |
2 more people are available in the full profile.
Complete people profiles for SUNRATE
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of SUNRATE
3 dated milestones of SUNRATE across 7 years, from founding to its latest funding, stage changes and deals.
- Founded SUNRATE is founded.
- Funding First funding round.
- Funding Latest funding round, Series D,.
Competitors of SUNRATE
SUNRATE 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 Airwallex, Rapyd, Currencycloud, Flywire and Thunes, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| airwallex.com | 2015 | Singapore | $1.25B | – | Cross-border payments are processed for businesses via tools and APIs. | |
| rapyd.net | 2016 | London, United Kingdom | $1.26B | – | Global payment solutions are provided by Rapyd to businesses worldwide. | |
| currencycloud.com | 2007 | London, United Kingdom | $186.88M | 97 | Cloud-based payment solutions are provided for cross-border transactions. | |
| flywire.com | 2009 | Boston, United States | $283.35M | 1,250 | Flywire is recognized as a global payments and software expert. | |
| thunes.com | 2016 | Singapore | $352M | – | Cross-border payment infrastructure provider | |
| instarem.com | 2014 | Singapore | $5M | – | Cross-border money transfers are facilitated for individuals and businesses. | |
| transfermate.com | 2010 | Kilkenny, Ireland | $129.86M | – | International B2B payments and receivables are processed globally. | |
| tazapay.com | 2020 | Singapore | $21.9M | – | Cross-border money transfers platform for businesses | |
| xtransfer.com | 2017 | Shanghai, China | $168M | – | Cross-border payment platform is provided for global trade and suppliers. |
Detailed competitors of SUNRATE
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of SUNRATE
The website of SUNRATE (sunrate.com) receives about 97.9K visits a month and ranks #216,421 among all websites worldwide, #2,941 in Financial Planning and Management.
- Monthly visits97.9K
▲ 4.5% vs previous month
- Unique visitors24.8K
per month
- Global rank#216,421
among all websites
- Category rank#2,941
Finance · Financial Planning and Management
- Bounce rate26%
- Pages per visit12.1
- Average visit3 min 25 sec
- DevicesDesktop 71% · Mobile 29%
Websites whose visitors overlap most with SUNRATE. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| flywire.com | 100% | 1.8M | #30,607 | View details | |
| seon.io | 91% | 244.8K | #178,229 | View details | |
kuajinzhifu.com | kuajinzhifu.com | 91% | – | #3,256,925 | – |
Latest news on Sunrate
Complete news archive for SUNRATE
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to SUNRATE
10 companies that operate in the same segment as SUNRATE (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 4.14 B | – | – | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | – | – | |
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | – | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 742 M | USD 302.19 M | 2,641 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 604.02 M | USD 179.52 M | 709 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, Netherlands | USD 35.15 M | USD 5.47 B | 1,200 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 |
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Frequently Asked Questions about SUNRATE
SUNRATE was founded in 2016 and raised its 1st funding round 1 year after it was founded.
SUNRATE is headquartered in Singapore, Singapore.
Joshua Bao is the current CEO of SUNRATE. They have also founded this company.
SUNRATE was founded in 2016 in Singapore as a provider of fintech solutions focused on payments and treasury management. Customized APIs are developed for businesses to handle global payment processes. Services include international payments, corporate cards, global collections, and risk management tools. Operations support businesses expanding internationally, with digital platforms enabling efficient cross-border transactions.
SUNRATE offers Global Payment, International Payments, Commercial Cards, and Treasury Solutions.
SUNRATE has 9 investors. Key investors include Peak XV Partners, Prosperity7 Ventures, SBVA, JAFCO Asia, and K2VC.