#Netherlands #Amsterdam #Money20/20 #LianLian Global #UnionPay International

LianLian Global and UnionPay International Unite to Transform Cross-Border Payments

Introduction

In a significant development for the fintech landscape, LianLian Global announced a strategic partnership with UnionPay International during the renowned Money20/20 Europe event held from June 3 to June 5, 2025 in Amsterdam, Netherlands. This alliance is poised to redefine the framework for cross-border payments, making them faster, safer, and more efficient for users worldwide.

The Money20/20 Europe Event

Money20/20 Europe is recognized as a pivotal event in the global fintech industry, bringing together key players, innovators, and thought leaders to discuss and showcase advancements in financial technology. The event serves as a platform for networking and exploring the latest trends that are shaping the financial services sector.

This year, in front of a diverse audience, LianLian Global—part of Lianlian DigiTech and listed on the Hong Kong stock exchange—was invited to present its innovative digital payment solutions, highlighting the company’s significant role in the ongoing evolution of payment systems.

Announcement of Partnership

During the event, LianLian Global’s CEO, Tim Shen, along with Adora Wang, CEO of LianLian Europe, and Jianmin (James) Yang, Vice President of UnionPay International for the Europe Region, officially announced their strategic partnership. The signing ceremony not only marked a milestone for both entities but also set the stage for collaborative exploration of new payment solutions tailored for businesses and consumers engaged in international transactions.

Objectives of the Partnership

The primary objective of this collaboration is to leverage the collective expertise of both companies to streamline the cross-border payment processes. By merging LianLian's extensive global network with UnionPay’s MoneyExpress platform, the partnership aims to offer rapid and reliable fund transfer solutions, particularly for clients sending money to mainland China.

Both companies plan to enhance cooperation in areas such as online payment acceptance, digital card issuance, and various other payment services. This initiative particularly targets Chinese businesses seeking to expand into international markets, providing them with the essential tools and facilities for effective cross-border financial transactions.

LianLian Global’s Contribution

LianLian Global has established itself as a leading digital payment platform, with a strong focus on cross-border payment solutions. The platform serves approximately 5.9 million clients, including e-commerce platforms and commercial enterprises across over 100 countries and regions. Their extensive collaboration with more than 2,600 institutions globally underscores their commitment to creating a seamless payment experience.

UnionPay International’s Role

UnionPay International enriches the partnership with its established reputation and operational footprint. With card acceptance in 183 countries and regions and issuance capabilities in 84, UnionPay has become a global player in the financial services sector. Their MoneyExpress platform, which facilitates convenient cross-border fund transfers, is now active in more than 50 countries, covering major markets such as the United States, Japan, and the United Kingdom.

Remarks from Leadership

Jianmin (James) Yang expressed that this strategic alliance is crucial for UnionPay International’s growth trajectory within the European market. He stated, “We are excited about the prospects of providing a more effective and secure cross-border fund transfer experience to users through this collaboration, while continuing to stimulate growth on a global scale.”

On the other hand, Tim Shen emphasized LianLian Europe’s pride in pioneering this partnership, enabling clients to send cross-border funds to individual recipients in China almost in real-time, with minimal information required. This collaboration not only showcases LianLian’s unwavering commitment to simplifying payment experiences for end-users but also strengthens their standing as leaders in global transactions.

Conclusion

The partnership between LianLian Global and UnionPay International signifies an important stride towards transforming the landscape of cross-border payments. By integrating resources and expertise, both companies are set to enhance customer experiences and unlock new efficiencies in the financial service sector, paving the way for future innovations as they embark on this collaborative journey.