StraitsX USD

StraitsX, a brand under the StraitsX Group of Companies, along with its affiliated entity Xfers Pte. Ltd., is Southeast Asia’s leading fintech platform focused on enabling financial access across the region. It provides digital business solutions that enhance payment and financial services in Southeast Asia.

In Singapore, Xfers holds a Major Payment Institution license under the Payment Services Act 2019, allowing it to issue e-money. It has also been granted an exemption to conduct digital payment token services under the Payment Services (Exemption for Specified Period) Regulations 2019. In Indonesia, Xfers facilitates online businesses by connecting them to various payment methods, including bank transfers, e-wallets, and offline channels like agent banking networks and convenience stores.

StraitsX and Xfers are backed by prominent investors such as B Capital Group, Insignia Ventures Partners, Tiger Global Management LLC, Y-Combinator, Quest Ventures, and Golden Gate Ventures. They work closely with regulators to ensure compliance with the highest regulatory standards, maintaining a strong commitment to secure and trustworthy financial services.