As 2024 draws to a close, M-DAQ Global reflects on a remarkable year marked by progress and accomplishments that pave the way for even greater milestones ahead. From expanding our global reach and enhancing our solution offerings to forging impactful partnerships and fostering community impact, this year has showcased our commitment to redefining cross-border transactions and advancing our vision of a “World without Currency Borders™.

Expanding Our Global Footprint: Enabling Cross-border Business Growth

This year, we made significant strides in broadening our global footprint, particularly in Malaysia. The acquisition of Easy Pay Transfers Sdn. Bhd., a Malaysia-licenced payment service provider, enhanced our local payments capabilities in Malaysia, and bolstered our suite of B2B foreign exchange (FX) and cross-border payment solutions. With the launch of Wallex in Malaysia, we are empowering businesses to navigate cross-border payments seamlessly, reducing costs, and mitigating FX risks. Our continued expansion demonstrates our dedication to driving global business growth and providing innovative payment solutions that enable companies to thrive in an interconnected world.

Pioneering Innovation: Shaping the Future of Cross-border Commerce

Innovation continued to drive our mission in 2024. We launched CheckGPT, an AI-powered solution that redefines AML/CFT compliance by automating KYC processes. By accelerating customer onboarding by 30x and reducing costs by up to 80%, CheckGPT delivers unmatched operational efficiency and compliance accuracy. Additionally, our one-stop solution for ASEAN payments addresses the complexities of local financial ecosystems, enabling businesses to thrive with greater ease and connectivity, further establishing us as a leader in regional fintech solutions.

Forging Strategic Partnerships: Unlocking New Opportunities

In 2024, we strengthened our global network through key partnerships that drive transformative solutions. Our strategic collaboration with YeePay, a leading regional payment service provider, marks the beginning of a new era in delivering seamless and efficient FX and payment solutions across borders. Meanwhile, our partnership with the Jakarta Futures Exchange (JFX), through our Trading the Right Chart solution, is set to revolutionise cross-border trading by simplifying processes, reducing FX risks, and improving transparency for global market participants. These strategic alliances continue to open new opportunities and reinforce our leadership in the global financial ecosystem.

Fostering Community Impact: Commitment Beyond Business

At M-DAQ Global, our commitment to corporate social responsibility (CSR) is just as important to our business success. This year, in partnership with social service agency AWWA, we organised a heartwarming trip to the Mandai Bird Paradise for seniors, as well as distributed welfare bags to displaced families in need, reflecting our dedication to making a meaningful difference. Beyond this, we also spearheaded our annual nature clean-up initiative to promote environmental sustainability. These efforts underscore our mission to positively impact the world, one meaningful step at a time.

One Team, One Vision: Charting the Future Together

None of this year’s accomplishments would have been possible without the passion and dedication of our team. Through collaborative efforts and team-building activities, we strengthened our shared vision and cultivated a culture of innovation and resilience.  

As we turn our focus to 2025, M-DAQ Global is set to redefine the future of cross-border commerce. With a steadfast commitment to breaking boundaries and empowering businesses worldwide, we look forward to driving greater innovation, fostering growth, and shaping an interconnected global economy. Together, we are building a brighter, more connected future.