FlexM Partners with Torkey Times Technology for Global Expansion

On October 10, 2025, FlexM, a licensed fintech firm specializing in payment solutions and cross-border remittance, announced a significant strategic investment from Torkey Times Technology Pte Ltd (TTT), one of China's leading e-commerce giants. This collaboration is set to bolster FlexM's global expansion and strengthen its standing in the competitive landscape of financial technology.

Strategic Investment Details

Torkey Times, known for its prowess in the cross-border e-commerce domain with annual revenues surpassing USD 2.5 billion in 2024, will not only inject capital into FlexM but also enhance its operational capabilities. The founding members of TTT, Mr. Yang Hanping and Mr. Xu Kaiqiang, now join FlexM's top shareholders, complementing the expertise of founder and chairman Mr. Rune Nilsson, alongside co-founder and CEO Mr. Naveed Weldon.

This partnership is expected to foster immense business synergies, particularly in cross-border payment solutions, gateway infrastructure, and overall fintech operations. By leveraging Torkey’s extensive transaction volumes and innovative payment technologies, FlexM aims to expand its service offerings into new and existing markets such as Singapore, India, the Middle East, Africa, North America, and Europe.

Vision for the Future

Yang Hanping expressed his optimism about the partnership, stating, "FlexM embodies the essence of innovative fintech that we aim to support—capable of reshaping the global financial and technological frameworks. Our collaboration aims to introduce transformative solutions for banks, financial institutions, and e-commerce platforms globally." This sentiment underscores the potential value that both companies anticipate from this agreement.

The strategic alignment between Torkey and FlexM comes following FlexM's recent acquisition of a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This crucial license was instrumental in encouraging TTT's investment decision, as it positions FlexM for accelerated growth both locally and internationally, solidifying its reputation as a premier partner for global finance-related entities.

Innovation and Services Offered

Rune Nilsson, founder and chairman of FlexM, highlighted the strategic advantages brought by Torkey's investment, indicating that the combination of financial resources, industry expertise, and transaction volume will greatly enhance FlexM’s capabilities and growth trajectory. "Their market insights and transaction experience align beautifully with our vision," he stated, pointing toward a promising future of collaborative innovation.

FlexM has developed a suite of fintech platforms, including the cloud-based neo-bank FlexBank, which offers customizable white-label solutions. Other products, such as FlexPay and FlexPayBiz, facilitate both domestic and international payment processing, providing services comparable to leading companies like Wise and Revolut.

Furthermore, FlexRemit offers cloud solutions for global remittance services, while FlexComply ensures comprehensive regulatory compliance, covering aspects such as AML/KYC, transaction monitoring, and reporting.

The Larger Picture

Xu Kaiqiang, the 28-year-old founder of Torkey Times Technology, emphasized the importance of the partnership, asserting that the alignment of their business volume with FlexM’s innovative capabilities marks a pivotal development for both entities. As global e-commerce grows, the collaboration is expected to open new avenues and opportunities for both companies to meet diverse consumer needs in an ever-evolving marketplace.

FlexM, recognized internationally for its achievements and innovations, has earned accolades such as the Singapore Fintech Award and the Asia Fintech Award. With the backing of Torkey Times Technology, the firm aims to elevate its influence in the financial technology landscape further, setting the stage for unprecedented growth in the years to come.

For more information about FlexM and its offerings, visit www.flexm.com.