Wallex (by M-DAQ) is the older company (2021 vs 2015).
Side-by-Side Comparison
| Metric | Conduit | Wallex (by M-DAQ) |
|---|---|---|
| Founded | ||
| Founded | 2021 | 2015 older |
| Headquarters | ||
| Headquarters | United States | Singapore, Singapore |
| Employees | ||
| Employees | 58 | 115 |
| Industry | ||
| Industry | Not tracked yet | Financial Services, Fintech |
| Funding Stage | ||
| Funding Stage | Series A | Series A |
| Total Funding | ||
| Total Funding | $59.00M | Not tracked yet |
| Funding Rounds | ||
| Funding Rounds | 3 | 2 |
| Services | ||
| Services | End-to-end financial infrastructure, Multicurrency account management, Fast, compliant payment solutions, Currency conversions, Local payment integration, API and Web App solutions for payments | Cross-Border Payment Solution, International Collections, Multi-Currency Wallet Services, FX Conversion, API for Fintech Integration |
| Target Customers | ||
| Target Customers | Fintech companies, Payment service providers, Banks, Enterprise treasury teams, High-growth businesses, Finance departments | High Growth Businesses, Fintech Companies, Global Businesses, Business Account Holders, International Traders |
| Taxonomy | ||
| Taxonomy | Cross-border Payments, Stablecoin-assisted Transactions, Payment Network, Business Transactions, Global Payments, Payment Service Providers, Fintech Solutions, Neobanks, Low-fee Payment Solutions, Multi-currency Support, Digital Finance, Real-time Transactions, Blockchain Technology, Payment Rails Integration, Financial Connectivity | Cross-Border Payments, Foreign Exchange, FX Solutions, Payment Solutions, Business Transacting In Asia, B2B Platform, SME Solutions, Fintech Solutions, Currency Conversion, Payment Processing, International Transactions, Cash Management, Virtual Accounts, Competitive Exchange Rates, Digital Wallet |
| Website | ||
| Website | conduitpay.com | wallex.asia |
About Conduit
Conduit, founded in 2021, is positioning itself as a pivotal player in the global payments landscape with its compelling slogan, "Anymoney. Anytime. Anywhere." The company, headquartered in the United States, aims to innovate cross-border transactions by enabling businesses to transact seamlessly in...
About Wallex (by M-DAQ)
Wallex, a division of M-DAQ Global, is a pioneering player in the Financial Services and Fintech sectors, headquartered in Singapore. Its slogan, "World Without Currency Borders," aptly captures the essence of its service: facilitating seamless cross-border transactions for businesses across Asia....
We will tell you when either one moves
BounceWatch watches Conduit and Wallex (by M-DAQ) for new funding, fast hiring, new executives and a change of software vendor. When one happens, we email you the same day.
Funding, hiring, leadership and stack changes at Conduit and Wallex (by M-DAQ) — by email.
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Compiled from the BounceWatch company index. We last looked at Conduit on 15 Jan 2026, and Wallex (by M-DAQ) on 8 Apr 2026. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.