SAN FRANCISCO, CA & HONG KONG, October 29, 2018
EMQ, a leading financial settlement network across Asia, has been honored as a winner of the prestigious 2018 Red Herring Top 100 Global award. The award recognizes the innovations and technologies of the leading startups from North America, Europe, and Asia.
The Red Herring Top 100, now in its 22nd year, is one of the most revered accolades in the industry. Winners of this year’s Top 100 Global were chosen by an independent expert panel of Judges and the Red Herring editorial team based on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a review of the track records and standing of startups relative to their peers, allowing Red Herring to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models from around the world.
“At EMQ, we always strive to offer our customers the most flexible and comprehensive solutions, which empower them to expand into the exponentially growing markets through our extensive financial settlement network across Asia,” said Max Liu, Co-founder and CEO, EMQ. “We are honored to be recognized by Red Herring, which is a testament to the entire EMQ team for our commitment to customer service excellence and technological innovation in redefining the payments ecosystem.”
“Choosing the companies with the strongest potential was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across the globe to the Top 100 Winners. We believe EMQ embodies the vision, drive and innovation that define a successful entrepreneurial venture. EMQshould be proud of its accomplishment.”
Red Herring’s Top 100 Global list has become a mark of distinction for identifying promising companies and entrepreneurs. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work.
Headquartered in Hong Kong, EMQ is a financial technology startup that is building a financial network across Asia with a focus on remittance. With a footprint across Hong Kong, Taiwan, Indonesia, Vietnam and the Philippines, the company partners with financial institutions and other strategic partners in each country to enable and settle cross-border remittance via banks and various modes for top-up and cash pickup. The company received its Money Service Operator license from the Hong Kong Customs and Excise Department in September 2014 and its Fund Transfer Operator license from Bank Indonesia in March 2017.
About Red Herring
Red Herring is a global media company which unites the world’s best high technology innovators, venture investors and business decision makers in a variety of forums: a leading innovation magazine, an online daily technology news service, technology newsletters and major events for technology leaders around the globe. Red Herring provides an insider’s access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy.