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Triple-A is the first digital-currency payment company licensed by Singapore's MAS Farfetch, Razer, Charles & Keith and Grab accept stablecoins via Triple-A $10M Series A led by Peak XV Partners Merchants settle in USD, EUR & 30+ local currencies - next day 2026: In-principle broker-dealer approval from Dubai's VARA Partners include Crypto.com, Coinbase, PayPal (PYUSD) and Yuno 20,000+ businesses reaching 700M+ digital-currency holders
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Company Profile · Singapore · Fintech

Triple·A

The licensed payments company that lets businesses pay and get paid in stablecoins - without ever holding, converting, or managing the crypto themselves.

MAS Licensed Founded 2017 HQ Singapore ~180 people Series A

Above: the Triple-A mark - a single "A" set on a sunrise gradient, the same icon that appears in the checkout flows of Farfetch, Razer and Grab. The company's whole pitch is compressed into that quiet symbol: crypto rails, a fiat result.

The Business

A payments company that hides the crypto

Ask most merchants to "accept crypto" and they picture wallets, private keys, and a coin price that swings while the order ships. Triple-A was built to make that picture disappear. A customer pays in a stablecoin like USDC or USDT; the merchant gets a next-day bank settlement in US dollars, euros, or one of 30-plus local currencies. The conversion, custody, and compliance all happen inside Triple-A, out of sight.

Founded in Singapore by serial fintech entrepreneur Eric Barbier, Triple-A sits between two worlds that rarely speak the same language: the regulated banking system and the round-the-clock plumbing of blockchains. It is a licensed payments institution - not an exchange, not a wallet - and that distinction is the point. The company's stated ambition is to become "the most regulated payment institution for digital currency worldwide," a phrase that reads less like a slogan and more like a moat.

The practical result is that a shopper in a country where card payments are frequently rejected can still complete a purchase, and a marketplace can pay a contractor on the other side of the world without waiting for correspondent banks to open. Stablecoins do the traveling; local currency lands at each end.


By The Numbers

The footprint

20K+
Businesses served
700M+
Crypto holders reachable
30+
Settlement currencies
$14M
Total raised

Figures are drawn from company materials and press coverage; some customer-count figures vary by source and era (roughly 1,000 enterprise accounts within a wider base of 20,000+ businesses). Treat the largest numbers as approximate.

Stablecoin payments present an ideal alternative for cross-border payments, particularly when one leg of the transaction involves an emerging market.
Eric Barbier · Founder & CEO, Triple-A
Who Uses It

From luxury carts to charity donations

Triple-A's customers are not, for the most part, crypto companies. They are mainstream brands adding a payment option - and that is exactly what makes the roster interesting.

FarfetchRazerCharles & Keith GrabiStudioG2G Alternative AirlinesSingapore Red CrossLuxLexicon

The mix spans e-commerce, luxury retail, gaming, and travel. In 2024, Grab users began topping up their wallets with digital currencies through Triple-A. The Singapore Red Cross accepts Bitcoin and Ethereum donations on the same rails - arguably the least speculative crypto use case there is. According to the company, merchants tend to see meaningfully larger baskets from crypto shoppers, with average order values running roughly a quarter higher than traditional payments.


The Problems It Solves

Where stablecoins beat the old rails

Triple-A pitches four pain points that traditional cross-border payments struggle with. The bars below are illustrative of the direction of the advantage, not audited benchmarks.

Settlement speed
24/7
Chargeback risk
~0
Countries reached
120+
Basket-size uplift
~25%

Irreversible settlement removes chargebacks. Blockchain rails run through weekends and holidays. And in markets where card acceptance is patchy, a stablecoin can be the only checkout that actually clears - which is why Barbier argues that for some customers, "paying with stablecoins is the only viable option."

Products & Services

One network, several front doors

Triple-A packages the same underlying rails into distinct products so a Shopify store, a payroll team, and a payment orchestrator each get the shape they need.

Accept

Checkout

Accept stablecoins and crypto - USDT, USDC, PYUSD, BTC, ETH - online and in-store, with next-day fiat settlement.

Collect

Business Payments

Payment links and invoicing to collect stablecoin payments with no integration required.

Hold

Multicurrency Accounts

Named IBAN accounts that settle and hold in stablecoin or local currency.

Send

Stablecoin Payouts

Round-the-clock global payouts to suppliers, vendors, and contractors.

Send

Local Currency Payouts

Fiat payouts across 30+ currencies in 70+ countries for marketplaces and payroll.

Embed

White-Label Rails

Branded, API-based stablecoin infrastructure for PSPs, wallets, and orchestration platforms.


How It Makes Money & Why It's Different

The moat is a stack of licenses

Business model

Triple-A earns transaction fees on payment acceptance and payouts, and monetizes the FX conversion between stablecoins and fiat while absorbing custody, settlement, and compliance for the merchant. A second engine is embedded, white-label API partnerships with wallets and orchestrators - being the road, not the car.

What sets it apart

Where many rivals are crypto-native or single-market, Triple-A leads with regulation: the first MAS crypto payments license, plus authorizations in the EU and the US. That breadth is what lets a public retailer or a national charity say yes. Competitors include BitPay, Coinbase Commerce, Circle, BVNK and Binance Pay.

Where does it fit in the market? Triple-A occupies the "regulated middleware" slot between stablecoin issuers (Circle, Tether) and the merchants who want the benefits without the exposure. It competes less on the coin and more on trust, coverage, and next-day fiat certainty.

The Story So Far

A timeline

2017

Triple-A conceived

Barbier begins building Triple-A while transitioning out of cross-border payments company Thunes.

2020

Incorporated in Singapore

Triple A Technologies Pte. Ltd. is formally established.

2021

First MAS crypto license

Becomes the first digital-currency payment company licensed by the Monetary Authority of Singapore.

2022

Seed round

Raises roughly $4M to expand its stablecoin payment products.

2023

$10M Series A

Led by Peak XV Partners with Shorooq Partners and 1982 Ventures; Singapore Red Cross begins accepting crypto donations.

2024

Grab & Crypto.com

Enables digital-currency top-ups for Grab wallets and partners with Crypto.com for direct merchant payments.

2025

PYUSD & Coinbase

Integrates PayPal USD and partners with Coinbase to open its merchant network.

2026

Yuno & VARA

Embeds acceptance into Yuno's orchestration platform and secures an in-principle broker-dealer approval from Dubai's VARA.

The Expertise

A third-time payments founder

Triple-A is not Eric Barbier's first payments company - it is his third. That history is the credential the company leans on most.

Before Triple-A, Barbier founded Mobile 365 (acquired by Sybase/SAP in 2006) and then TransferTo, which became Thunes, a cross-border payments network later valued north of $900 million. He has spent roughly two decades moving money across borders for a living, which explains why Triple-A reads like an infrastructure company rather than a crypto bet. The team - an estimated 150 to 210 people - is distributed across offices in Singapore, Miami, Hong Kong, Paris, and Barcelona, with a compliance-first culture that mirrors the regulatory strategy.

We're already supporting companies like Farfetch, Alternative Airlines, and Razer in reaching over 560 million crypto holders across 140+ countries.
Eric Barbier · Founder & CEO

Partnerships

Everyone wants the merchant network

Nov 2024

Crypto.com

Wallet users can pay Triple-A merchants directly with crypto, launched in Singapore with rewards.

2025

Coinbase

Coinbase users access Triple-A's merchant network via the Coinbase Developer Platform.

May 2026

Yuno

Stablecoin acceptance embedded into Yuno's orchestration platform, reachable via a single API.

May 2025

PayPal (PYUSD)

Integrated PayPal's USD stablecoin for payments and payouts.

Infra

Circle & StraitsX

Support for USDC and the Singapore-dollar stablecoin XSGD.

Infra

Fireblocks

Custody and security infrastructure underpinning the platform.

Watch & Listen

Interviews & demos


FAQ

Common questions

What does Triple-A do?
It lets businesses accept and send payments in stablecoins and local currencies without holding or managing crypto. Merchants get paid, and Triple-A settles the funds into their bank account in fiat, typically the next day.
Do merchants have to hold cryptocurrency?
No. Triple-A handles the conversion, custody, and compliance so merchants receive traditional currency - USD, EUR, or one of 30+ local currencies - and are shielded from crypto volatility.
Is Triple-A regulated?
Yes. It was the first digital-currency payment company licensed by the Monetary Authority of Singapore, and it holds additional payment and crypto licenses in the EU and the US.
Who uses Triple-A?
Over 20,000 businesses, including brands like Farfetch, Razer, Charles & Keith, Grab, and the Singapore Red Cross, across e-commerce, luxury retail, gaming, travel, and services.
Who founded Triple-A and how is it funded?
It was founded by Eric Barbier, the serial fintech entrepreneur behind cross-border payments unicorn Thunes. Triple-A has raised roughly $14M, including a $10M Series A led by Peak XV Partners in 2023.
Find Triple-A

Links & sources