On the Money20/20 Asia Summit, LianLian International publicizes strategic partnerships with Veem and 12 Victory, and shares the newest updates on its international growth.
LianLian International indicators strategic cooperation agreements with Veem and 12 Victory, collectively advancing the imaginative and prescient of a borderless cost future.
Tim Shen, CEO of LianLian International, speaks at Money20/20 on constructing seamless cost techniques.
From April 22–24, the annual flagship occasion for the worldwide fintech trade—Money20/20 Asia—befell in Bangkok, Thailand. LianLian International, a number one model below Lianlian DigiTech, was as soon as once more invited to take part, becoming a member of worldwide thought leaders to share insights into its globalization efforts and the way cost innovation is enabling cross-border companies to scale worldwide.
In the course of the occasion, LianLian International signed high-profile strategic agreements with Veem and 12 Victory, working collectively to form a way forward for actually borderless funds. CEO Tim Shen and Michele Feng, Head of LianLian International Hong Kong, additionally joined panels alongside prime executives from international monetary establishments to discover cutting-edge traits and improvements within the fintech area.
Increasing Our International Associate Community: LianLian International Indicators Strategic Agreements with Veem and 12 Victory
On April 23 on the Money20/20 Asia Summit, LianLian International signed strategic cooperation agreements with Veem, a B2B cross-border cost platform, and 12 Victory, a remittance service supplier. The signing ceremony was attended by Tim Shen, CEO of LianLian International, Marwan Forzley, CEO of Veem, and Chanaporn Poonsuphirun, Chairman and President of 12 Victory.
Underneath the settlement, LianLian International and Veem will collaborate on expertise innovation and useful resource integration to collectively ship an environment friendly, safe, and cost-effective one-stop cross-border cost resolution for international B2B consumers and sellers.
In partnership with 12 Victory, LianLian International will launch a brand new remittance service by integrating its LianLian International Payout Service (LGPS) into 12 Victory’s choices. Leveraging LianLian’s international cost community, the partnership goals to offer seamless, safe, clear, and environment friendly remittance options from Thailand to China for numerous buyer segments, together with B2B, C2C, and B2C.
About LianLian International
LianLian International is the worldwide model of Lianlian Digitech, a Hong Kong-listed digital cost firm. Dedicated to enabling each kind of worldwide enterprise growth, LianLian International gives built-in cross-border options throughout cost, international buying, international disbursement, and overseas trade companies. The corporate serves a variety of purchasers—together with cross-border eCommerce companies, platforms, establishments, commerce firms, and academic service suppliers—with over 5.9 million clients so far.
Launched in July 2024, the LianLian International Payout Service (LGPS) is a unified international cost product designed to assist worldwide PSPs (Cost Service Suppliers), banks, and licensed monetary establishments course of funds to China and different areas effectively and securely through a single API—making certain sooner, safer, and extra dependable fund flows.
About Veem and 12 Victory
Veem is a cross-border cost platform serving small and medium-sized enterprises worldwide, with over 1.1 million customers throughout 100+ nations.
12 Victory is a remittance platform providing aggressive trade charges and helps transactions in additional than 30 completely different currencies, serving to clients ship cash globally with ease.
Veem said:
“Our partnership with LianLian Global perfectly aligns with our mission to build smarter global payment infrastructure. By combining Veem’s expertise in Western markets with LianLian’s innovation in digital payments and fintech, this collaboration helps bridge global commerce gaps and unlock a new, frictionless cross-border payment experience for businesses of all sizes—from startups to established enterprises.”
12 Victory shared:
“China and ASEAN are key engines of global economic growth. Thailand, as a central trade hub within ASEAN, naturally serves as a vital bridge to China. As bilateral trade continues to surge, the demand for international remittances will also rise. This partnership with LianLian Global has enabled us to offer remittance services from Thailand to China, significantly expanding our global service footprint.”
Tim Shen, CEO of LianLian International, commented:
“As we support the high-quality development of service trade and deepen our global footprint, LianLian Global remains committed to open collaboration. We continue to build strategic trust with top-tier partners worldwide to create a seamless, borderless payment ecosystem—breaking down trade barriers and delivering faster, more localized global payment experiences for businesses on both ends of every transaction.”
Trade Leaders Weigh In: LianLian International CEO Tim Shen Shares Imaginative and prescient for Seamless Cost Infrastructure
As international funds proceed to evolve, constructing resilient infrastructure by innovation and strategic collaboration has grow to be a serious focus.
On April 23, Tim Shen, CEO of LianLian International, took the stage at Money20/20 Asia in Bangkok alongside notable trade leaders akin to Changbin Wang, VP and Managing Director at American Categorical, James Teodorini, Head of APAC at Thunes, and Lisa Kienzle, Senior Director of Strategic Partnerships at Ripple. Collectively, they explored how innovation and partnership can energy the following era of cross-border cost techniques.
Tim Shen emphasised that the speedy progress of recent enterprise fashions—particularly cross-border eCommerce—is reshaping the worldwide funds panorama, bringing each new calls for and alternatives.
“For cross-border eCommerce, the transactions are often small, frequent, and fragmented, with operations spanning multiple platforms, regions, and currencies. These businesses also face a wide variety of local regulatory requirements,” mentioned Shen. “As a core infrastructure provider, we must offer a seamless, one-stop global payment solution that allows businesses to manage all markets and funds through a single account.”
Because of Lianlian Digitech’s in depth international licensing footprint, proprietary expertise platform, and broad associate ecosystem, LianLian International affords built-in account-based cost options tailor-made to numerous enterprise varieties—from eCommerce and B2B commerce to service exports. Via a unified interface, purchasers can deal with international assortment, disbursement, multi-channel fund distribution, and overseas trade—all with safety and effectivity.
So, how can partnerships, expertise, and compliance experience come collectively to create actually seamless international cost techniques?
In line with Shen, two key pillars are important:
- A powerful international community of companions.
LianLian International has established deep collaborations with main establishments like Thunes, TerraPay, Customary Chartered, Citi, and Visa, enabling the creation of a globally interconnected infrastructure that delivers smarter, extra seamless cost options. - Safety and compliance.
This contains sturdy cost licensing and an AI-powered danger management platform to make sure a safe, compliant setting for international transactions.
As of December 31, 2024, Lianlian Digitech had constructed a community of 65 international cost licenses and certifications, together with a VATP license issued by Hong Kong’s Securities and Futures Fee. The corporate has additionally developed a proprietary expertise platform tailor-made to the complexities of worldwide commerce—providing purchasers built-in companies overlaying funds, transfers, fund distribution, clever foreign exchange administration, and danger mitigation.
Trying forward, Shen highlighted the significance of international belief as a key enabler for sustained enterprise progress.
“Trust from markets and users is built through compliance, local capabilities, and technological innovation. Trust from partners comes through collaborative development of interoperable systems that integrate payment networks, streamline operations, and break down cross-border payment barriers.”
“In today’s deeply interconnected economy, we look forward to partnering with banks, payment providers, and financial service institutions around the world to build a scalable and sustainable cross-border payments ecosystem.”