Skip to content
April 3, 2026
  • WhatsApp
  • Facebook
  • Twitter
  • Youtube
  • LinkedIn
  • Instagram
Business Quest

Business Quest

Focus on Enterprises and Innovation

  • HOME
  • BUSINESS
    • BANKING
    • FINANCE
    • INSURANCE
    • SME’s
    • REAL ESTATES
    • INVESTMENTS
    • ENERGY
    • RETAIL
  • CAPTAINS OF INDUSTRY
  • INNOVATION & ENTERPRISES
  • WOMEN & POWER
  • TECHNOLOGY
  • OPINION
    • Corporate News from Media OutReach Newswire
  • HOME
  • BUSINESS
    • BANKING
    • FINANCE
    • INSURANCE
    • SME’s
    • REAL ESTATES
    • INVESTMENTS
    • ENERGY
    • RETAIL
  • CAPTAINS OF INDUSTRY
  • INNOVATION & ENTERPRISES
  • WOMEN & POWER
  • TECHNOLOGY
  • OPINION
    • Corporate News from Media OutReach Newswire
Watch Online
  • Home
  • Corporate News from Media OutReach Newswire
  • SUNRATE Secures Payment Business Licence In China
  • Corporate News from Media OutReach Newswire

SUNRATE Secures Payment Business Licence In China

Media OutReach Newswire August 15, 2025
SINGAPORE – Media OutReach Newswire – 15 August 2025 – SUNRATE, the global payment and treasury management platform, today announced it has secured a payment business licence in China following its successful acquisition of a 100% stake in Transfar Pay, a unit of Shenzhen-listed Transfar Group. The RMB 315 million (USD 43.8 million) acquisition has received approval from relevant Chinese regulatory authorities. This transaction had been previously announced by the Transfer Group in an exchange filing dated April 1, 2025.

“This acquisition represents a strategic step in SUNRATE’s ongoing commitment to enhancing our global licensing framework and ensuring compliant operations in all jurisdictions, whether through direct licensing or strategic partnerships,” said Paul Meng, co-founder at SUNRATE.

With the addition of this licence, SUNRATE gains greater access to one of the world’s most important and dynamic markets. This further complements SUNRATE’s regulatory presence in key jurisdictions including Singapore, Hong Kong SAR, the United Kingdom, and Indonesia, with further regulatory milestones in other jurisdictions to be announced in due course.

Hashtag: #SUNRATE

The issuer is solely responsible for the content of this announcement.

About SUNRATE

SUNRATE is a global payment and treasury management platform for businesses worldwide. Since its inception in 2016, SUNRATE has been recognised as a leading solution provider and has enabled companies to operate and scale both locally and globally in 190+ countries and regions with its cutting-edge proprietary platform, extensive global network, and robust APIs.

With its global business headquarters in Singapore and offices in Hong Kong, Jakarta, London, and Shanghai, SUNRATE partners with the top global financial institutions, such as Citibank, Standard Chartered, Barclays, J.P. Morgan and is the principal member of both Mastercard and Visa. To learn more about SUNRATE, visit https://www.sunrate.com/

Post navigation

Previous Galaxy Macau Invigorates this Summer, Encouraging an Active Lifestyle at the “Galaxy Wellness Hub”
Next China UnionPay’s Poetry POS Machine Campaign Starts Global Heart-Warming Journey in Thailand

Related Stories

ICONSIAM’s ‘THAICONIC SONGKRAN CELEBRATION 2026’ to Immerse Bangkok with Thailand’s Most Spectacular Water Festival
  • Corporate News from Media OutReach Newswire

ICONSIAM’s ‘THAICONIC SONGKRAN CELEBRATION 2026’ to Immerse Bangkok with Thailand’s Most Spectacular Water Festival

April 3, 2026
Money20/20 Asia Elevates Its 2026 Agenda with the Launch of The Intersection Stage, Featuring the Industry’s Most Influential Voices
  • Corporate News from Media OutReach Newswire

Money20/20 Asia Elevates Its 2026 Agenda with the Launch of The Intersection Stage, Featuring the Industry’s Most Influential Voices

April 3, 2026
Sanya, China Deepens Tourism Ties with Malaysia ​- Exclusive Benefits Launched for Malaysian Tourists, Ushering in a Tropical Island Getaway at a Moment’s Notice
  • Corporate News from Media OutReach Newswire

Sanya, China Deepens Tourism Ties with Malaysia ​- Exclusive Benefits Launched for Malaysian Tourists, Ushering in a Tropical Island Getaway at a Moment’s Notice

April 3, 2026

Recent Comments

  • Tulivu Co-Working Space:Crafted for Modern,Youthful Workforce on Tulivu Co-Working Space Launches in Nairobi CBD
  • Knight Frank unveiled as Partner of Nondescripts Rugby Football - Business Quest on Knight Frank:Self-Made Wealth Reshapes Kenya’s HNWIs 2025
  • CS Lee Kinyanjui Tours Tatu City Mixed-use SEZ - Business Quest on Rendeavour Unveils Jabali Towers in the heart of Tatu City
  • Safaricom Bags Three Awards as it reaffirms Leadership on Safaricom’s Diversity & Inclusion initiatives Recognized at Zero Project Awards
  • Investors urged to back High-Impact Projects in the Lake Region - Business Quest on Afreximbank Announces Investment Conference in Kisumu

Connect with Us

  • WhatsApp
  • Facebook
  • Twitter
  • Youtube
  • LinkedIn
  • Instagram

You may have missed

ICONSIAM’s ‘THAICONIC SONGKRAN CELEBRATION 2026’ to Immerse Bangkok with Thailand’s Most Spectacular Water Festival
  • Corporate News from Media OutReach Newswire

ICONSIAM’s ‘THAICONIC SONGKRAN CELEBRATION 2026’ to Immerse Bangkok with Thailand’s Most Spectacular Water Festival

April 3, 2026
Money20/20 Asia Elevates Its 2026 Agenda with the Launch of The Intersection Stage, Featuring the Industry’s Most Influential Voices
  • Corporate News from Media OutReach Newswire

Money20/20 Asia Elevates Its 2026 Agenda with the Launch of The Intersection Stage, Featuring the Industry’s Most Influential Voices

April 3, 2026
Sanya, China Deepens Tourism Ties with Malaysia ​- Exclusive Benefits Launched for Malaysian Tourists, Ushering in a Tropical Island Getaway at a Moment’s Notice
  • Corporate News from Media OutReach Newswire

Sanya, China Deepens Tourism Ties with Malaysia ​- Exclusive Benefits Launched for Malaysian Tourists, Ushering in a Tropical Island Getaway at a Moment’s Notice

April 3, 2026
ASEAN Travel Influencers Check In at Beibu Gulf! This Cultural-Tourism Exchange Is a Hit — “Not-So-Distant Destinations” Are on Fire
  • Corporate News from Media OutReach Newswire

ASEAN Travel Influencers Check In at Beibu Gulf! This Cultural-Tourism Exchange Is a Hit — “Not-So-Distant Destinations” Are on Fire

April 3, 2026

About Us

Our main focus is on quality Business news content that is verified and ready to be consumed by our users.

Our partners and readers alike are our heartbeat we value them in all that we do.

We offer an alternative as a mouthpiece to SMEs, entrepreneurs, and professionals on their daily long-term plans and milestone as well exchange the business ideas and success stories and to provide advertising services tailor-made to the needs and expectations of their products and services.

Join us in this endeavor to give you fast accurate and precise information as they develop.

 

 

Copyright ©2025 All rights reserved. | Businessquest by Geckoworks Ke_.