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FXC Intelligence ranked PingPong one of the world’s Top 100 Cross-Border Payment Companies from a field of more than 13,000 fintechs. Continue reading
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San Mateo, CA, Aug 22, 2019 /prREACH/ -- PingPong, a global payment network built for online sellers, has been named to a list of the top 100 cross-border fintechs in the world by FXC Intelligence, which tracks more than 13,000 fintechs. FXC Intelligence is a market research company focused on providing independent data on the foreign currency exchange (FX) and international payments sector.
“It’s an honor to be named one of the world’s leading cross-border payment companies,” said Karen Li, managing director of PingPong U.S. “We have teams in the U.S., Asia, and Europe who have been working for years to bring online sellers the best cross-border payment solutions. Along the way, we’ve expanded our services to make it easier and more affordable for ecommerce and Amazon merchants to make supplier payments, VAT payments, and GST payments around the world. To be named among the best in our industry is something we’ve worked hard to achieve.”
“PingPong very much deserves its place in our Top 100 list. There are many companies trying to emulate PingPong and few made our list,” explained Daniel Webber, Founder, CEO, FXC Group, which includes FXC Intelligence & FXcompared.com. “The company is achieving scale, has an established customer base and is tackling some of the more challenging problems in payments such as flows to China and Asia.”
To be considered for the FXC Intelligence list, companies were required to meet certain criteria. Each company had to be out of startup mode and have an established customer base. They were also required to be a payment company or to receive a substantial amount of revenue from cross-border payments.
In addition to the FXC Intelligence honor, PingPong has been named to the CB Insights Fintech 250 and won the 2019 Alexander Hamilton Award for Best Practices in Restricted/Emerging Markets.
