NewTech Friday: XREX – Enhancing cross-border trading and security for SMEs

Digital Reinvention
30/08/2024 Interview
profile picture of Wayne Huang

Wayne Huang

XREX

wayne@xrex.io

XREX is a blockchain-enabled financial institution that provides services to businesses in or dealing with emerging markets, and novice-friendly financial services to individuals worldwide. Wayne Huang, Co-Founder and Group CEO, tells Qorus’ Boris Plantier about the company and its offer.


What led to the creation of XREX?

XREX Group solves financial challenges that businesses face in emerging markets, particularly US dollar liquidity issues that hinder participation in global cross-border trade.

Founded on the ideals of financial inclusion and equal access to the global financial system, XREX Group leverages blockchain technologies such as stablecoins, and bridges traditional financial institutions to provide safe, accessible and trusted financial services for payments, remittances, transactions and asset allocation across their borders.

Want to keep reading?

Create a web account to get access to more insights

Related news & insights

Digital Reinvention
16/09/2024 Article

Financial Innovation Spotlight: September 2024 edition

In this fifth edition of the Financial Innovation Spotlight, we showcase five new projects that caught our eye in the...

SME Banking
16/09/2024 Video

Supporting Malaysia’s SMEs: CIMB’s targeted approach

Jaya Balan Kathiravalu, Head of SME Banking Malaysia at CIMB's Group Commercial Banking, provides an overview of the SME market...

Mobility
13/09/2024 Interview

NewTech Friday: Driver Technologies – Delivering a safer driving experience

Rashid Galadanci is CEO of Driver Technologies, an AI-based mobility tech company that delivers a safer driving experience, which he...

SME Banking
13/09/2024 News

Mastercard introduces subscription management tool for SMEs

Powered by Nuclei, this tool will help small businesses streamline subscription processes and reduce costs, launching first in the Gulf...

SME Banking
10/09/2024 News

TD launches eCommerce platform for Canadian small businesses

Powered by BigCommerce, the platform offers a comprehensive set of tools, including webstore design, inventory management, and TD's full suite...

SME Banking
09/09/2024 News

Onsurity and DBS Bank India join forces to boost cybersecurity for SMEs

Onsurity has teamed up with DBS Bank India to launch CyberSure, a cybersecurity plan tailored for Small and Medium Enterprises...

Digital Reinvention
08/09/2024 Article

Stay ahead with the latest innovations in financial services

An idea finder designed to discover innovative solutions in financial services.

ESG
06/09/2024 Interview

NewTech Friday: Cloover – Connecting 1bn people to renewable energy

Jodok Betschart is the Co-Founder & CEO of Cloover, a Berlin-based startup that is building an ecosystem designed to accelerate...