PingPong enters partnership with BNP Paribas

PingPong Payments, one of the world’s leading end-to-end payment solutions for global cross-border businesses, has entered into a partnership agreement for acquiring services with BNP Paribas, the largest European bank. PingPong Payments is the first cross-border payments company in the industry to support the EU’s DTC (Direct-to-Consumer) market, adding to their suite of innovative payment solutions. As e-commerce enters into a new development cycle, independent online sellers and DTC models have become increasingly prevalent in...

FinTech Unicorn PingPong secures innovative E-Money License

Today, PingPong announces its authorisation as an Electronic Money Institution (EMI) by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg. This would make it the first Luxembourg based B2B fintech, with offices in Hangzhou, New York, San Francisco, Japan and Hong Kong to achieve this feat in the EU after applying in December 2019. The license enables PingPong to offer a more flexible array of services and increase the scope of customers in the future. PingPong has already helped over 800,000 sellers across the...

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