M DAQ Global

M-DAQ Global is a Singapore-based fintech company that specializes in foreign exchange (FX) and payment solutions, facilitating seamless cross-border transactions for businesses worldwide. Founded in 2010 by Richard Koh, M-DAQ has developed a comprehensive online payments and FX platform, originally inspired by the need to display US stocks in Singapore dollars. The company offers a suite of FX, collections, and payment solutions designed to help businesses manage international currencies effectively. Key offerings include Aladdin, an award-winning FX engine that mitigates risk and reduces cart abandonment for e-commerce platforms, and Wallex Partner Services, which provides payment service providers with real-time FX capabilities. M-DAQ serves a diverse range of clients, including e-commerce platforms, online travel agencies, remittance companies, and large financial institutions, leveraging advanced technologies like big data analytics and proprietary algorithms to deliver competitive FX rates and enhance transaction security.

Financial Services Singapore, Singapore Founded 2010 ~156 employees Private · Series D

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Employees
156
+2% in the 3 months to Jun 2025
Revenue / employee
$282K
Revenue ~$44M
Total funding
$336M
Last round Series D, Aug 2021
12-month attrition
25.1%
Tech: 25.2%
H1B sponsor
NA

Headcount trend

M DAQ Global went from 135 employees in Jul 2023 to 156 in Jun 2025. Jan to Jun 2025: 16 people joined, 5 left.

Headcount data through Jun 2025

Org structure

Headcount by department

Other59
Engineering34
Sales16
Finance10
Marketing9
Operations8
HR8
Product8

Funding

  • Aug 2021 · Series D · $200M · Affinity Equity Partners
  • Nov 2019 · NTT Communications Corporation
  • Nov 2019 · Series C · Samsung venture capital
  • Jul 2016 · Series C · $87M · Ant Financial
  • Nov 2015 · Series C · $87M · Ant Financial
  • Oct 2013 · Series B · $14.5M · GSR Ventures

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M DAQ Global FAQ

How many employees does M DAQ Global have?

M DAQ Global has about 156 employees, up 2% over the 3 months to Jun 2025.

What is M DAQ Global's revenue per employee?

M DAQ Global makes about $282K in revenue per employee, based on $44M annual revenue and 156 employees.

How much funding has M DAQ Global raised?

M DAQ Global has raised $336.11M in total funding; its latest round was Series D in Aug 2021.

Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles.