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SUNRATE Named Among Top 100 Cross-Border Payment Companies for 2025 by FXC Intelligence

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SINGAPORE – Media OutReach Newswire – 19 May 2025 – SUNRATE, the global payment and treasury management platform, has once again been recognised by FXC Intelligence as one of the Top 100 Cross-Border Payment Companies worldwide. This marks the second consecutive year SUNRATE has received the accolade, underscoring its growing influence and leadership in the cross-border payments landscape.

FXC Intelligence’s annual list celebrates the most innovative and impactful companies transforming the cross-border payments landscape — spanning fintechs, banks, infrastructure providers, and payment processors. SUNRATE’s continued inclusion highlights its rapid growth, strong performance, and commitment to driving forward-thinking solutions for global businesses.

Daniel Webber, CEO and founder of FXC Intelligence said, “SUNRATE’s rapid growth in the cross-border B2B Asia payments landscape is the direct result of its strategic vision and commitment to innovation. With a robust platform, recent geographic expansions and strategic partnerships, SUNRATE is not only broadening its global footprint but also showing operational excellence, underscoring its pivotal role in facilitating seamless international payments. Its inclusion in this year’s Cross-Border Payments 100 is well deserved and indicative of its growing influence in the sector.”

Paul Meng, co-founder and CEO at SUNRATE said, “Being recognised by FXC Intelligence for the second year in a row is a testament to our team’s unwavering vision to become the leading global cross-border B2B payment platform in emerging markets. As global commerce becomes increasingly interconnected, we remain focused on delivering cutting-edge, scalable solutions that power our clients’ international ambitions.”

Over the past year, SUNRATE has significantly expanded its global footprint across APAC, EMEA, and other key regions, while also broadening its offerings into new business verticals. Today, SUNRATE enables businesses to send payments to over 190 countries and regions, transact in more than 130 currencies, and settle commercial card spending in over 15 currencies. Its global collection services support 30+ currencies, allowing businesses to collect funds in over 10 major global currencies—as if they were local transactions. Earlier this year, SUNRATE introduced its “Trading and Hedging” solutions, designed to equip businesses with advanced FX trading tools, tailored hedging strategies, and a suite of financial instruments, such as OTC Derivatives.

As SUNRATE marks this important milestone, it remains focused on the road ahead. The global payments landscape is evolving rapidly, fuelled by technological innovation and the growing need for streamlined, secure cross-border transactions. The company is proud to be at the forefront of this transformation—harnessing its global network, cutting-edge technology and customer-centric approach to redefine the future of international payments.

Hashtag: #SUNRATE #FXCIntelligence

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

About FXC Intelligence

  • FXC Intelligence is the industry leader in cross-border payments data and intelligence.
  • The world’s biggest banks, payments and big tech companies use our critical data to make vital decisions that shape their day-to-day operations, product development and strategy.
  • Our data is also used by a number of international bodies, including the World Bank and the Financial Stability Board, to provide the most important indices in the sector.
  • We track pricing, market size and product changes as they happen and update our dataset at high frequency, giving our clients the competitive edge they need to stay on top in a rapidly changing market.
  • Our platform, which is built on top of our data, offers solutions such as a price engine and sales enablement tool to drive our clients’ growth and profit.
  • Our data gives us a unique understanding of cross-border payments and we share our analysis and insights every week with subscribers to our newsletter, the most widely read in the cross-border payments market globally.

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Owner-Operated Serviced Office CoWorkSpace Opens at 6 Raffles Quay Level 16, Offering Members Stable Pricing in a Landlords’ Market

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As Singapore CBD office rents rise for a fifth consecutive quarter and vacancy hits a record low, CoWorkSpace aims to shield members from rent increases that flex operators typically pass through.

SINGAPORE – Media OutReach Newswire – 26 May 2026 – CoWorkSpace is conveniently located at 6 Raffles Quay #16-01, occupying an entire floor within the office tower and comprising more than 50 private suites designed for startups, SMEs, and established corporations across shipping, financial intermediaries, family offices, professional services, business consultancy, technology, and trade-related industries.

The building is linked to both Raffles Place and Downtown MRT stations via fully sheltered underground walkways, allowing members and their visitors to reach the office without exposure to Singapore’s heat or rain.
Unlike other industry players, CoWorkSpace owns the property it operates from. This owner-operated model provides members with the option of medium to long-term price stability and reduces the risks commonly associated with leased coworking spaces, such as sudden closures, forced relocations, and aggressive rental increases.
The facility is configured mainly as private suites, with no hot-desks and no virtual office members. Members on dedicated-desk arrangements are situated within private suites, providing greater privacy and a more professional working environment.
Each suite is equipped with electronic height-adjustable desks, modern office chairs, and pedestal cabinets according to the suite configuration. Data points are also included within each suite.
Shared facilities include an expansive business lounge, business-grade internet, reception services, meeting rooms and call booths, printing, scanning and shredding facilities, and utilities.
In addition, CoWorkSpace operates an in-house IT team that manages its network and infrastructure directly, enabling faster response and turnaround times for IT-related matters without relying on third-party vendors.

Hashtag: #ServicedOffice #Coworking #CoworkingSpace #RafflesQuay #RafflesPlace #SingaporeCBD #SGCBD #PrivateOffice #PrivateSuites #OwnerOperated #FlexibleWorkspace #BusinessAddress #SMESingapore #SGBusiness #CoWorkSpace


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JOYY Reports First Quarter 2026 Financial Results: Total Revenue YoY Growth Hits Multi-Year High

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SINGAPORE – Media OutReach Newswire – 26 May 2026 – JOYY Inc. (NASDAQ: JOYY) (“JOYY” or the “Company”), a leading global technology company, today announced its unaudited financial results for the first quarter ended March 31, 2026.

In the first quarter, JOYY’s total revenues reached US$555.7 million, up 12.4% year over year, representing the Company’s highest year-over-year growth rate in recent years. Social entertainment revenue increased 3.2% year over year to US$400.4 million. BIGO Ads ad tech and SHOPLINE e-commerce, the second growth engine of the Company, maintained strong growth momentum. BIGO Ads revenue reached US$124.8 million, up 55.6% year over year, while SHOPLINE contributed US$30.5 million, up 16.1% year over year.

In the first quarter, the Company’s non-GAAP1 operating income increased 22.5% year over year to US$38.0 million, while non-GAAP1 EBITDA grew 13.2% year over year to US$45.7 million. Operating cash inflow for the quarter was US$46.0 million. Net cash as of March 31, 2026 stood at US$3.18 billion.

Simultaneously, JOYY announced a new share repurchase program, under which the Company is authorized to repurchase up to US$600 million of its shares until the end of 2028, and a new quarterly dividend program, under which a total of approximately US$900 million in cash will be distributed on a quarterly basis between 2026 and 2028. The new shareholder return program amounts to approximately US$1.5 billion, underscoring JOYY’s confidence in its long-term growth potential.

  1. This press release includes certain non-GAAP financial measures as additional clarifying items to aid investors in further understanding the Company’s performance and the impact that these items and events had on the financial results. The non-GAAP financial measures provided above should not be considered as a substitute for, or superior to, the measures of financial performance prepared in accordance with GAAP. For details of the non-GAAP measures, including the reconciliations of GAAP measures to non-GAAP measures, please refer to the press release titled “JOYY Reports First Quarter 2026 Unaudited Financial Results” issued by the Company on May 26, 2026.

Hashtag: #JOYY

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

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“Made in Binzhou” Heads to Tianzhou-10 Cargo Spacecraft——Binzhou Sci-Tech Power Embarks on a Hardcore Space Mission

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BINZHOU, CHINA – Media OutReach Newswire – 25 May 2026 – On May 11, experimental samples for the project “Study on the Effect of Rotating Magnetic Field on the Solidification Process of Aluminum-based Lightweight High-entropy Alloys under Space Microgravity Conditions” were officially launched aboard the Tianzhou-10 cargo spacecraft. Co-developed with the Metal Materials Center of Binzhou Weiqiao UCAS Advanced Technology Research Institute, these samples are now en route to China’s Manned Space Station to begin their on-orbit scientific journey in a microgravity environment.

Researchers conducting project experiments

This initiative is a collaborative effort involving the University of Chinese Academy of Sciences (UCAS), the National Space Science Center of the Chinese Academy of Sciences, and the Binzhou Weiqiao UCAS High Technology Research Institute. The successful launch marks a historic “zero-to-one” breakthrough, representing the first time private sci-tech forces from Binzhou and indeed Shandong province have reached space. It also stands as China’s first in-space experiment to study the solidification of lightweight high-entropy alloys under the dual-field coupling of “microgravity and rotating magnetic fields.”

As a national-level “space laboratory,” the manned space station hosts world-class research facilities and serves as a core platform for disruptive innovation in new materials. This successful deployment not only highlights the institute’s cutting-edge research capabilities but also signifies a deep integration between corporate scientific research and national aerospace engineering. Looking ahead, the institute will continue its deep dive into frontier fields such as space materials and lightweight alloys. By strengthening collaborative innovation across industry, academia, and research, they aim to empower the upgrading of the new materials industry with technological innovation, contributing both wisdom and strength to the development of China’s manned space program and the cultivation of new quality productive forces.
Hashtag: #BinzhouInformationOffice

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

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