#London #United Kingdom #Lanchi Ventures #Global Payments #ONERWAY

ONERWAY Secures $10 Million in Series A+ Funding

In a notable move within the financial technology landscape, ONERWAY, a global payments infrastructure provider based in the UK, has finalized a Series A+ funding round, amassing $10 million. This latest round brings ONERWAY's valuation close to a striking $200 million, underscoring the growing confidence investors have in their approach to transforming global payments.

The funding was spearheaded by Yunqi, with contributions from previously invested parties including Lanchi Ventures, Eminence Ventures, and Enlight Growth Partners, highlighting a collaborative effort to bolster ONERWAY's growth in an increasingly digital global economy. The funds will primarily be allocated to expand the company’s cross-border payment solutions and enhance their overall product offerings, including innovative solutions such as stablecoins and AI-driven financial products.

Lanchi Ventures echoed these sentiments, noting that the rise of digital payments has given way to industry giants like Visa and PayPal. "Today’s advancements in AI and digital currency open up incredible possibilities for the finance sector," a representative from Lanchi Ventures stated. This emphasis on technological innovation reflects ONERWAY's mission to modernize and streamline financial transactions for businesses.

Since its inception in 2017, ONERWAY has carved out a reputation for itself in the realm of overseas corporate account solutions. With a growing portfolio of global clientele that includes major e-commerce players and game developers, ONERWAY has expertly navigated the complex landscape of cross-border transactions, currently supporting over 170 payment methods across 110 currencies. With seven offices worldwide, the company spans more than 60 countries and regions, which further establishes its prominence in the industry.

While the market for funding has been tumultuous, ONERWAY has maintained a profitable stance since 2022 and has shown remarkable cash flow management. This resilience allowed them to conclude their Series A+ funding round swiftly, suggesting a strong operational track record that investors find appealing.

"The rapid execution of this funding round validates our growth strategy in a challenging market environment," remarked Andy Wang, Co-founder and CEO of ONERWAY. Wang emphasized that the company is not only scaling but is also redefining international business operations. "This new influx of capital enhances our ability to remove barriers and friction associated with international transactions, enabling global growth for every client we serve," he added.

As ONERWAY looks to the future, this funding marks a pivotal step towards enhancing their technological framework, expanding their licensing agreements, and fostering new partnerships. The company’s upcoming Series B funding round slated for 2026 is expected to further strengthen its position as a formidable player in the global payments market.

In summary, ONERWAY’s recent funding round signals both growth and innovation in the payments sphere. With a firm commitment to employing advanced technology and a customer-centric approach, ONERWAY is poised to redefine the landscape of global payments, making it more reliable and accessible for businesses worldwide.

About ONERWAY

Founded in 2017 in the UK, ONERWAY specializes in delivering efficient payment and corporate banking solutions, ultimately simplifying cross-border transactions with a robust global infrastructure in place.

About Lanchi Ventures

Lanchi Ventures is a prominent early-stage venture capital firm with a focus on supporting entrepreneurs utilizing technological innovations to create sustainable impacts. Since its establishment in 1998 in Silicon Valley, Lanchi Ventures has actively managed over $2 billion in assets, with a track record of investing in more than 200 companies across various tech lanes.