Your Local Friend for your Global Trade
“The innovation point is the pivotal moment when talented and motivated peopleseek the opportunity to act on their ideas and dreams.”
Dr. W. Arthur Porter
About PingPong
PingPong is a rapidly growing innovative payment service provider for cross-border e-commerce merchants, freelancers and service providers. Founded by a group of payments and finance professionals in New York in 2015, today PingPong has offices in US, Hong Kong, Luxemburg, Vietnam, Japan and India. The Global headquarters of PingPong is based in Hangzhou, China. With the global employee strength of over 600, PingPong team is committed to bring best-in-class services to our customers and to help them grow their business. We are also the first Fintech company to obtain regulatory access in mainstream countries in Europe and the United States.
PingPong partners include top e-commerce platforms including Amazon, Wish, Cdiscount, Rakuten and Shopee, serving over Half a Million Amazon Sellers worldwide. In 2019, PingPong has processed the transaction of USD$10 Bn.
Our Indian entity, PingPong Global Solution Inc. Indian Liaison is a Liaison office of PingPong US and is approved by Reserve Bank of India (“RBI”). PingPong has started its operation in India since July 2019 and is headquartered in Bengaluru, India.
Licensing and Regulation
PingPong Global Solution Inc.- India
RBI approval: Reserve Bank of India has approved our India Liaison Office. The Unique Identification Number provided by RBI to our India Liaison Office is BGLO19008226
PingPong Global Solution Inc Foreign Company Registration Number (FCRN) is F06520
Online Payment Gateway Service Provider (OPGSP) - PingPong acts in India as an Online Payment Gateway Service Provider (as prescribed by RBI) (“OPGSP”) for the purpose of facilitating certain payment services
PingPong US
PingPong Global Solutions Inc. (USA) is registered as a Money Services Business with the Financial Crimes Enforcement Network (FinCEN) of the U.S. Treasury, and a non-depository financial institution on the National Mortgage State Licensing System (1572799).
FinCEN registration number No. 31000104088714
PingPong is regulated under the EU’s General Data Protection Regulation (GDPR) and the 23 NYCRR 500, the New York Department of Financial Services’ cybersecurity regulations.
New York State File No. 4729804
PingPong Timeline
March 2015
PingPong Financial
founded in New YorkAugust 2015
Became an official partner of the
China Cross-Border eCommerce
Pilot ZoneJune 2016
Launched core product in the U.S.
for Amazon.com.August 2016
Closed Series A funding led by
Fidelity International Limited
January 2018
Initiated expansion of core
product to Southeast Asia,
India, and Middle EastMarch 2017
Obtained PI license in
LuxembourgFebruary 2017
Closed Series B funding led by
GF Securities. Launched core
product in JapanSeptember 2016
Extended core product
offering to Wish
August 2018
Closed Series C funding led by
China Development Bank.July 2019
PingPong India Office
Established in Bangalore2019
Successfully processed more than $10
billion in payments for our customers
across worldwide
Competitiveness and Innovation
“Companies that solely focus on competition will die. Those that focus on value creation will thrive.”
– Edward de Bono
PingPong strives to provide the competitive pricing and help our customers increase their profit margin. Our target is to let ecommerce sellers, freelancer and service providers “Bring Home More Money” with a transparent pricing system.
Out technology team, continuously works to bring more innovative products to improve the cash flow and competitiveness of our customers.
Rewriting industry definition of "safety"
PingPong redefines industry security in terms of subject qualifications, anti-money laundering and counter-terrorism financing, information and fund security, fund supervision process and flow.
What we believe
PingPong believes to create a compliant and transparent ecosystem, allowing every customer to gain a competitive edge in their business. With the growing e-commerce global business opportunities for Indian sellers, PingPong truly believes and promotes Make in India sellers to expand their cross-border eCommerce business.
Our Events
PingPong participates as a Diamond Partner at Amazon Smbhav 2020
Our Investors
Awards
Award-Winning Global Payment Service For Online Sellers PingPong was named one of the world’s 250 fastest-growing fintech startups by CB Insights in 2018. In 2019, PingPong won the Alexander Hamilton Award for Best Practices in Restricted/Emerging Markets and was named one of the world’s Top 100 Cross-Border Payment Companies by FXC Intelligence.
