ONERWAY Secures $10M Series A to Simplify Global Payments and Cross-Border Banking for Businesses
August 19, 2025
byFenoms Start-Up Research
Founded by Andy Wang, ONERWAY has raised $10 million in Series A funding to accelerate the development of its global payments and banking infrastructure platform. The round was led by Yunqi Partners, with participation from Lanchi Ventures, Eminence Ventures, and other strategic investors who believe a new generation of seamless, unified cross-border payments is about to transform commerce worldwide.
Solving Fragmented Cross-Border Payments
For growing businesses, collecting and sending payments across multiple countries continues to be a costly and operationally painful process. Traditional banking systems force companies to open accounts in different countries, manage multiple payment processors, and navigate complex regulatory barriers - all of which slows down expansion and eats into margins.
ONERWAY eliminates this fragmentation through a single platform that combines global payment collection, FX conversion, and multi-currency business banking with built-in compliance and security features. Businesses receive a unified infrastructure that allows them to send, receive, and manage funds globally as if they were operating in one market.
Key Platform Capabilities
The ONERWAY platform provides:
- Global collection accounts that allow businesses to receive payments in local currencies without needing a physical entity in the market
- Real-time settlement and transparent FX rates, reducing friction and hidden costs
- Security Shield™, a built-in compliance layer that ensures regulatory alignment across jurisdictions
- Developer-friendly APIs for fast integration into existing finance and ERP systems
This combination of security, transparency, and integration enables companies to scale internationally while keeping control over their cash flows and compliance posture.
Why Investors Backed ONERWAY
Investors identified a structural market opportunity: thousands of high-growth businesses are expanding internationally, but legacy payment infrastructure still treats “cross-border” as an exception - not a default. By turning cross-border into a native capability, ONERWAY gives its customers a competitive advantage from day one.
According to Andy Wang, the goal is simple - let companies focus on growing globally without having to rebuild banking operations from scratch in every country. “Global commerce shouldn’t feel like an exception,” he noted. “It should be as seamless as sending money from one city to another.”
The insight that drew investors in is the same insight that other founders can learn from: ONERWAY didn’t try to innovate around the edges of existing payment networks. Instead, it reframed the problem from the customer’s perspective and built infrastructure that assumes cross-border is the norm. That shift - designing for the default future, not the present constraints - is a powerful lesson. When you build for tomorrow’s operating environment rather than today’s patchwork, you become the infrastructure the market naturally grows into. That’s why investors view ONERWAY less as a fintech product and more as the backbone of a new global operating model.
Strategic Roadmap
With the capital raised, ONERWAY will focus on three strategic areas:
1. Expanding Currency and Market Coverage
ONERWAY plans to add support for several new currencies across Europe and LATAM and deepen its banking partnerships in the Middle East and Asia Pacific regions.
2. Strengthening Security Shield™
Enhancements to the compliance engine will include automated KYC/KYB processes to reduce onboarding time and facilitate faster approvals for enterprise accounts.
3. Scaling Engineering and GTM Teams
To meet surging demand from enterprise and upper mid-market clients, the company will grow its product, engineering, and go-to-market teams in both its Singapore and London offices.
Why the Timing is Right
Global payment volumes are at an all-time high, with cross-border B2B payments expected to exceed $45 trillion by 2026. At the same time, many new digital businesses are inherently global from day one - with employees, partners, and customers spread across multiple jurisdictions. This new environment requires infrastructure designed for “borderless by default” operations.
While several legacy providers offer partial solutions, many remain tied to regional licensing restrictions and outdated architectures. ONERWAY’s modern stack allows it to move faster, consolidate critical services into a single platform, and stay flexible as regulatory requirements evolve.
Looking Ahead
Over the next 12–18 months, ONERWAY will:
- Roll out new multi-currency accounts in North America, Europe, and the Middle East
- Launch a self-service developer portal to accelerate API implementations
- Expand its liquidity network to reduce FX costs at scale
- Begin strategic partnerships with marketplace and SaaS platforms that serve global merchants
ONERWAY’s vision is to make global business as easy as local business - eliminating the borders that limit how fast companies can grow. With $10 million in Series A funding and increasing market demand for cross-border infrastructure, the company is positioned to play a defining role in the future of international commerce.