EMQ Bags Remittance Partnership in Cambodia with AMK

EMQ Bags Remittance Partnership in Cambodia with AMK

by July 8, 2020
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  

AMK, the provider of microfinance services in Cambodia, and EMQ, a global financial settlement network, have teamed up to facilitate cross-border money transfer across Southeast Asia. This partnership enables AMK to integrate with EMQ’s extensive global network for secure, compliant cross-border solutions, making financial services more accessible and inclusive for their customers and families across the region.

With a  track record  and global reach, EMQ recently ramped up its network expansion across Asia Pacific, Africa and North America, with access to over 80 key global markets.

Max Liu

Max Liu

Max Liu, co-founder and CEO of EMQ said

“By connecting AMK directly to our global network, we are offering our customers the best possible choices and flexibility to send money home effortlessly within minutes. We are excited to partner with AMK to make a positive impact in Cambodia and beyond.”

Powered by EMQ’s global financial settlement network and AMK’s capabilities, customers in Cambodia can transfer money, in real-time and enjoy a full range of payout options including instant cash pickup, bank deposits to the partnered banks, deposit into a mobile wallet, or home delivery of cash to support their families back home across Southeast Asia.

This will create a more inclusive economy for a region, where only 27% of the population have access to financial services.

Kea Borann

Kea Borann

“At AMK, we are committed to provide every customer with secure, fast and convenient access to financial services across Asia, where EMQ has a strong footprint with the widest payout options,”

said Kea Borann, CEO of AMK.

“Our partnership with EMQ marks an important milestone in our next phase of growth as we continue to expand our presence across the world’s top recipient-receiving countries to best serve our customers’ needs.”

EMQ is currently licensed in Hong Kong, Singapore, Indonesia and registered as a Money Service Business in Canada. They were also accepted into Taiwan’s Regulatory Sandbox by the Financial Supervisory Commission in Taiwan.

 



  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •