{"id":236971,"date":"2025-10-16T10:44:39","date_gmt":"2025-10-16T10:44:39","guid":{"rendered":"https:\/\/evertise.net\/?p=126827"},"modified":"2025-10-16T10:44:39","modified_gmt":"2025-10-16T10:44:39","slug":"waffo-secures-investment-from-hsbc-to-expand-global-alternative-payment-offerings","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2025\/10\/16\/waffo-secures-investment-from-hsbc-to-expand-global-alternative-payment-offerings\/","title":{"rendered":"Waffo secures investment from HSBC to expand global alternative payment offerings"},"content":{"rendered":"

Global payment technology provider Waffo Group Limited (“Waffo”) has signed a <\/span>strategic partnership agreement<\/span><\/a> and received an equity investment from the Hongkong and Shanghai Banking Corporation (“HSBC”), to accelerate the development and expansion of next-generation Alternative Payment Method (APM) solutions globally, offering localized, trusted payment methods to business clients.<\/span><\/p>\n

\"\"<\/p>\n

By leveraging Waffo\u2019s aggregation layer, HSBC enhances its acquiring infrastructure with greater flexibility to serve diverse markets. Waffo contributes modular payment technology, deep local compliance, and rapid deployment capabilities across fast-growing digital sectors such as AI, SaaS, gaming, and digital content.<\/span><\/p>\n

This strategic partnership marks a significant step forward in advancing global payment infrastructure. HSBC and Waffo will continue to collaborate and innovate across technology, compliance, products and services to support businesses entering new markets \u2014 helping unlock global growth through reliable, localized payment solutions.<\/span><\/p>\n

Waffo<\/span><\/a> offers unified API access to over 430 local payment methods across 50+ countries, covering e-wallets, QR payments, bank transfers, BNPL, and other widely used options. With strong coverage in Southeast Asia, Latin America, Africa, and East Asia, Waffo enables global businesses to simplify payment integration and unlock local monetization at scale.<\/span><\/p>\n

\u201cWe are pleased to announce our partnership with Waffo. Together, we are committed to developing a scalable, compliant, resilient ecosystem.\u201d said Lewis Sun, Global Head of Domestic and Emerging Payments at HSBC. \u201cThis collaboration represents a pivotal addition to HSBC’s comprehensive merchant solutions and strengthens our Digital Merchant Services (DMS) infrastructure, ensuring seamless integration, superior service delivery and providing joint engagement with our clients.\u201d<\/span><\/p>\n

\u201cAs businesses globalise and the demand to serve international customers rises, a modern payments platform with advanced technical capabilities and robust connectivity to diverse payment rails is essential for providing a reliable and seamless checkout experience.\u201d said Louisa Zhang, Head of Ventures, Asia at HSBC. \u201cWe are hopeful that this strategic investment and partnership with Waffo will position HSBC at the forefront of payment infrastructure developments and accelerate our digital commerce rollout in new markets.\u201d<\/span><\/p>\n

This collaboration reflects strong alignment in vision,\u201d said Frankie Fan, Co-Founder and CEO of Waffo. \u201cWe\u2019re excited to partner with HSBC to solve the last-mile challenges in global payments and help businesses enter new markets with speed, trust, and scalable local infrastructure.<\/span><\/p>\n

Ends<\/span><\/p>\n

\"\"<\/p>\n

About Waffo<\/b><\/p>\n

Waffo is a leading global payment infrastructure provider offering unified access to 430+ local payment methods across 50+ countries and regions, with a strong focus on emerging and high-growth markets. Waffo empowers AI, SaaS, and digital entertainment businesses to drive successful monetization in global markets. The company holds a Hong Kong MSO license, and is PCI DSS v4.0 Level 1 certified.<\/span><\/p>\n

About HSBC Holdings plc<\/b><\/p>\n

HSBC Holdings plc, the parent company of HSBC, is headquartered in London. HSBC serves customers worldwide from offices in 57 countries and territories. With assets of US$3,214bn at 30 June 2025, HSBC is one of the world\u2019s largest banking and financial services organisations.<\/span><\/p>\n

Contact Details:<\/b><\/p>\n

Business: Waffo<\/span><\/p>\n

Contact Name: Jessie<\/span><\/p>\n

Contact Email: <\/span>Jessie.zhou@waffo.com<\/span><\/a>\u00a0<\/span><\/p>\n

Website: <\/span>https:\/\/waffo.com\/<\/span><\/a>\u00a0<\/span><\/p>\n

Country: China<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Global payment technology provider Waffo Group Limited (\u201cWaffo\u201d) has signed a strategic partnership agreement and received an equity investment from the Hongkong and Shanghai Banking Corporation (\u201cHSBC\u201d), to accelerate the development and expansion of next-generation Alternative Payment Method (APM) solutions globally, offering localized, trusted payment methods to business clients. By leveraging Waffo\u2019s aggregation layer, HSBC [\u2026] Continue Reading →<\/span><\/a><\/p>\n","protected":false},"author":271,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[57],"tags":[],"class_list":["post-236971","post","type-post","status-publish","format-standard","hentry","category-ips"],"yoast_head":"\nWaffo secures investment from HSBC to expand global alternative payment offerings - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ipsnews.net\/business\/2025\/10\/16\/waffo-secures-investment-from-hsbc-to-expand-global-alternative-payment-offerings\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Waffo secures investment from HSBC to expand global alternative payment offerings - Business\" \/>\n<meta property=\"og:description\" content=\"Global payment technology provider Waffo Group Limited (\u201cWaffo\u201d) has signed a strategic partnership agreement and received an equity investment from the Hongkong and Shanghai Banking Corporation (\u201cHSBC\u201d), to accelerate the development and expansion of next-generation Alternative Payment Method (APM) solutions globally, offering localized, trusted payment methods to business clients. 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