SUNRATE partners with YeePay to empower Chinese companies to navigate global expansion

SUNRATE, an intelligent global payment and treasury management platform announced its partnership with YeePay, a leading enterprise payment solutions provider, to empower Chinese companies to expand into global markets.

With the ongoing trend of increased interconnectivity across the globe, China will continue to be an important player in global development, and Chinese enterprises are more than ever, playing crucial roles on the international stage. However, in order to better adapt to international competition and respond to global challenges, setting up and adherence to robust compliance frameworks have become the core competitiveness and inevitable requirement of international enterprises. Among the challenges, the compliance and security of cross-border B2B payments are major challenges that enterprises face in the process of internationalisation.

Bin Tang, Founder and CEO at YeePay said, "The strategic cooperation between YeePay and SUNRATE will further enhance the compliance and security of cross-border payments. Both SUNRATE and YeePay will continuously strengthen risk management, protect user rights, and actively explore new cooperation models and services to provide Chinese enterprises expanding globally with secure, convenient, and cost-effective payment and transaction services. In addition, we hope to see more partners joining us, providing better transaction services for Chinese enterprises to expand globally."

Paul Meng, Co-Founder at SUNRATE said, "For SUNRATE, security and compliance are the bedrock of our business operations. As we expand into different markets, SUNRATE maintains compliant operations locally, including in-depth collaboration with well-known local financial institutions. We are pleased to have forged a strategic partnership with YeePay, which will allow both companies to work together, to create safer and more efficient global business payment and collection services for Chinese enterprises.