PingPong secures UAE and Malaysia licenses to expand cross border payment network

By Gloria Methri

PingPong, a global provider of embedded cross-border payment solutions for enterprises, financial institutions, and SaaS platforms, has significantly expanded its international footprint with new regulatory licences in the United Arab Emirates and Malaysia.

These latest licences, granted by the Central Bank of the UAE (CBUAE) and Bank Negara Malaysia (BNM), add to PingPong’s growing portfolio of over 60 global regulatory approvals, enabling the company to deepen its presence in the Middle East and Southeast Asia. The firm’s platform is already live across Indonesia, Vietnam, Thailand, Singapore, and the Philippines.

For the first time, a company headquartered in mainland China, PingPong, has received in-principle approval from the CBUAE, reflecting its robust compliance credentials and growing influence in the global payment infrastructure.

“These licences show how PingPong’s platform is rapidly expanding, delivering on its roadmap to build comprehensive global coverage,” said Aaron Xu, Partner at PingPong. “The Middle East is fast becoming one of the most strategic corridors for international trade, and Southeast Asia continues to be a digital and economic growth powerhouse. Our goal is to strengthen access to every major trade corridor for enterprise businesses.”

Rewiring Cross-Border B2B Payments Through Direct Access and AI

The expansion comes amid rising demand for efficient, transparent, and cost-effective B2B payment solutions, as traditional banking infrastructure struggles to support the scale and complexity of global trade.

PingPong’s platform enables direct connectivity to regional and global payment systems—including SEPA in the EU, the UK’s Faster Payments Service (FPS), and SWIFT—minimising delays and reducing reliance on legacy correspondent banking networks.

For enterprises, direct scheme access means faster settlement times, richer transaction data, greater visibility, and improved interoperability. It also enhances regulatory alignment and simplifies risk management, particularly in compliance-heavy sectors.

Recognising onboarding as a key enterprise pain point, PingPong has also embedded AI-powered tools for Know Your Customer (KYC) processes. These allow enterprise customers to onboard faster, reduce compliance friction, and deploy more seamlessly across multiple jurisdictions. Real-time risk checks and dynamic monitoring ensure security and compliance at scale.

“Enterprise payments need to be fast, trusted, transparent, and fully aligned with local regulation,” said David Messenger, CEO of Global Businesses at PingPong. “Our platform connects directly to payment schemes such as SEPA, enabling faster, more reliable cross-border flows. Our automated and AI-powered onboarding reduces risk and friction, helping enterprise clients confidently scale across global markets.”