# SUNRATE

> SUNRATE is a Singapore-headquartered global payment and treasury management platform for businesses. Founded in 2016, it lets enterprises move money across more than 190 countries and regions in 130+ currencies, collect in 30+ currencies, issue multi-currency commercial cards, and manage FX and treasury through proprietary tools like TreasuryOS - all via a single platform and set of APIs. Backed by investors including Peak XV (formerly Sequoia Capital Southeast Asia) and Prosperity7 Ventures, and a principal member of both Mastercard and Visa, SUNRATE serves e-commerce, travel, logistics, maritime and other cross-border sectors.

- **Founded:** 2016
- **Headquarters:** Singapore, Singapore
- **Founders:** Paul Meng (Co-Founder and CEO), Jacky Chan (Co-Founder), Joshua Bao (Co-Founder)
- **Team size:** ~218-750 employees (estimates vary by source)
- **Products:** International Payments, Global Collection, Multi-Currency Commercial Cards, TreasuryOS, RiskOS
- **Notable:** Named among FXC Intelligence's Top 100 Cross-Border Payment Companies for three consecutive years (2024, 2025, 2026)., Principal member of both Mastercard and Visa., Live across 190+ countries and regions in 130+ currencies.

## Products & services

- **International Payments** — Send payments in 130+ currencies to 190+ countries and regions with smart routing and local payout networks.
- **Global Collection** — Collect funds in 30+ currencies, including 10+ major global currencies, as if they were local payments.
- **Multi-Currency Commercial Cards** — Mastercard/Visa commercial cards launched via platform or API, settling card spend in 15+ currencies for expense and vendor payments.
- **TreasuryOS** — Digital treasury management tool for FX trading, hedging and liquidity oversight, aimed at digitising SME treasury operations.
- **RiskOS** — FX risk-management tooling for hedging exposure in volatile markets.
- **Open API Suite** — APIs for currency conversion, payment initiation and account management to embed cross-border money movement into a business's own systems.
- **Global Acquiring** — Payment acceptance, reconciliation, settlement, cross-border clearing and local payouts in one integrated setup, launched after acquiring an experienced payments team.
- **Maritime Payments Solution** — Sector solution for shipping - crew payroll, travel expenses and supplier disbursements across 130+ currencies.

## Achievements

- Named among FXC Intelligence's Top 100 Cross-Border Payment Companies for three consecutive years (2024, 2025, 2026).
- Principal member of both Mastercard and Visa.
- Live across 190+ countries and regions in 130+ currencies.
- Closed Series D-1 and D-2 rounds in 2023 with Prosperity7 (Aramco) and Sequoia SEA / Peak XV.
- Launched a dedicated maritime payments solution at Sea Asia 2025.
- Expanded into global acquiring by acquiring an experienced payments team (2024).

## Latest updates

- **2026-07** — Unveiled a global rebrand sharpening its positioning around cross-border payments and treasury management.
- **2026-06** — Named among FXC Intelligence's Top 100 Cross-Border Payment Companies for 2026 - third consecutive year.
- **2025-03** — Launched a maritime payments solution for crew payroll and shipping suppliers at Sea Asia 2025.
- **2024-04** — Named among FXC Intelligence's Top 100 cross-border payment companies for 2024.
- **2023-07** — Closed Series D-2 extension led by Sequoia Capital Southeast Asia (Peak XV) with Prosperity7 and SoftBank Ventures Asia.
- **2023-06** — Closed Series D-1 with Prosperity7 Ventures (Aramco) as lead investor; enhanced payments with Visa Direct.

## Links

- Website: https://www.sunrate.com
- LinkedIn: https://www.linkedin.com/company/sunrate
- Twitter/X: https://twitter.com/SUNRATEofficial
- Facebook: https://facebook.com/Sunrate-104697221582025/

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Profile page: https://yespress.io/sunrate
Published by YesPress — https://yespress.io
Last updated: 2026-07-25