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PingPong Expands Leading B2B Cross-Border Payments Platform Into Malaysia, Further Unlocking Southeast Asia For Enterprise Clients
Financial services and fintech companies are thriving across Southeast Asia , with Malaysia emerging as a key player. The country ranks third in the region in terms of the number of fintech companies it has, and it is poised for significant growth. Malaysia's fintech sector is projected to double, from $54 billion USD in 2025 to $111 billion USD by 2030, reflecting a robust compound annual growth rate (CAGR) of 16%. Its strategic location, high digital adoption rate, and robust financial sector have made it one of the key growing countries in Southeast Asia .
, said,
This approval from Bank Negara Malaysia further adds to PingPong's significant portfolio of over 60 global licences across
the United States , EU, UK,
Hong Kong , mainland China ,
Canada , Australia ,
Japan , Singapore ,
Indonesia and other countries and regions worldwide.
PingPong was founded in New York in 2015, with the goal of solving the immense challenge of scaling enterprise businesses globally. Fast forward to today, and PingPong has become one of the world's leading global cross-border payments platforms, processing more than $250 billion USD . Our API-first cross-border payments platform integrates with enterprises to send, manage, and receive money faster on a global scale.
PingPong currently has 37 offices in 15 countries and 1,500 employees. Our international presence helps businesses solve complex payment needs in every major economy across all time zones.
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