Founded in 2010 with a vision to create a World without Currency Borders®, M-DAQ Group is a Singapore-headquartered company that empowers businesses in various industries to facilitate cross-border transactions with its best-in-class FX solutions. M-DAQ has embarked on a global growth plan to capture market opportunities and to create a new fintech ecosystem, focusing on providing specialised technology-enabled financial services to enterprise customers and other downstream fintechs. Backed by global institutions such as Affinity Equity Partners, Ant Group, EDBI, NTT Communications and Samsung, M-DAQ Group has processed over S$43bn of cross-border transactions over 45 markets since 2016, when it launched its Aladdin FX solution. M-DAQ crossed net profitability in 2018. This has enabled the Company to harness its technology to invest in new business lines while maintaining a strong balance sheet. M-DAQ’s technological solutions rely on the use of big data through its predictive engine and a proprietary algorithm supported by two-thirds of the world’s foreign exchange liquidity providers. The business has also won multiple inaugural fintech and enterprise awards over the years.