Singapore, Singapore, October 10th, 2025, FinanceWire
FlexM, a licensed fintech group specializing in payment solutions, cross-border remittance, and compliance, has secured a strategic investment from China’s e-commerce and technology giant, Torkey Times Technology Pte Ltd (TTT). The partnership aims to accelerate FlexM’s global expansion and strengthen its market position.
With this investment, Torkey Times Technology and its founders, Mr. Yang Hanping and Mr. Xu Kaiqiang, join FlexM’s top three shareholders, alongside founder and Chairman Mr. Rune Nilsson and Co-Founder and CEO Mr. Naveed Weldon.
Beyond the capital infusion, the partnership builds strong business synergies to boost FlexM’s growth in cross-border payments, gateway solutions, and licensed fintech operations worldwide.
TTT, a leader in China’s cross-border e-commerce industry with annual revenues exceeding USD 2.5 billion in 2024, provides FlexM with access to vast transaction volumes and advanced payment infrastructure.
By combining Torkey’s global reach with FlexM’s regulatory licenses and fintech platforms, the partnership is set to strengthen transaction capabilities across key markets, including Singapore, India, the Middle East, Africa, North America, and Europe.
Founder Yang Hanping, expects the partnership with Flex M to create great value for years to come and says “FlexM represents exactly the type of innovative fintech company we seek—capable of transforming global financial and technology landscapes. Together, we will deliver groundbreaking solutions that banks, financial institutions, and e-commerce companies around the world will significantly benefit from.”
The strategic investment comes on the heels of FlexM’s recent acquisition of the Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This license played a key role in TTT’s decision to invest, positioning FlexM to accelerate its growth locally and internationally while reinforcing its reputation as a trusted partner for global financial institutions and businesses.
Rune Nilsson, Founder and Chairman of FlexM, said, “Our strategic partnership with Torkey Times Technology combines capital, expertise, and industrial strength to position FlexM as a powerful fintech leader on a global scale. Hanping and Kaiqiang’s exceptional business acumen, extensive market insight, and impressive transaction volume align perfectly with our vision, accelerating our growth not just for the coming years, but decades ahead.”
FlexM’s fintech platforms are designed to drive innovation across financial services. FlexBank is a cloud-based neo-bank offering customizable, white-labeled solutions for financial institutions. FlexPay and FlexPayBiz provide seamless domestic and international payments and merchant services, comparable to leaders like Wise and Revolut. FlexRemit delivers cloud-based global remittance solutions for money service businesses, while FlexComply ensures end-to-end regulatory compliance, including AML/KYC, transaction monitoring, and reporting.
Xu Kaiqiang, the 28-year-old founder of Torkey Times, emphasized the strategic importance of the partnership by saying, “Torkey’s extensive business volume and leading position in cross-border e-commerce make our cooperation with FlexM a pivotal move for both companies. The global e-commerce market presents enormous opportunities and diverse consumer demands. Through this partnership, FlexM will significantly broaden its business reach while reinforcing its market leadership.”
About FlexM:
FlexM is a licensed global fintech conglomerate delivering innovative payment solutions, cross-border remittances, merchant acquisition, and compliance services. Recognized globally for excellence and innovation, FlexM has received prestigious accolades such as the Singapore Fintech Award, Asia Fintech Award, and Compliance Innovator of the Year. For more information, users can visit www.flexm.com
Contact
Rune Wahl Nilsson
rune@flexm.com
