Even as the company grows beyond its home base rapidly, there was never any question for Liu that EMQ would begin in Asia Pacific.
Liu explains: “We built the network here first because of the market across the Asia Pacific region is highly fragmented.”
“Every country in the Asia Pacific region has a different set of regulations, a different local settlement system and a different currency. Due to such challenges, businesses and individuals will increasingly require a network that is versatile while making cross-border payments streamlines, low-cost, secure, and real-time,” Liu says.
EMQ works towards providing a unified, more affordable and efficient cross-border settlement solution for businesses and individuals in the region.
By turning these challenges into opportunities for growth, EMQ has built a strong footprint in the region while expanding to the world’s fastest economies. The company is currently operational in China, Hong Kong, Singapore, Japan, India, Indonesia, Vietnam, Cambodia, Thailand, Taiwan and The Philippines.
So what’s next for EMQ?
“Our goal is to allow companies and individuals to move money anywhere in the world in a seamless and compliant manner. Following our expansion in the Middle East, we’re launching our network globally.
“By the end of the year, we will be able to offer pay-outs in Africa and Europe. And in 2020 we will be entering the US market and we’ve set our eyes on Latin America too,” says Liu.
“We always follow our customers.”