M-DAQ Global Integrates Vietnam’s METech to Expand ASEAN Payments Network via PayME Stakeholder
Singapore-based fintech group M-DAQ Global has signed definitive agreements for a strategic integration with METech, the majority shareholder of licensed Vietnamese payment service provider PayME. The move gives M-DAQ its own regulated payments infrastructure in Vietnam, allowing direct local collections and payouts in Vietnamese dong rather than relying more heavily on third-party rails. The company said the deal is a key step toward building a unified ASEAN Payments Hub spanning collections, FX conversion, and payouts across the region. It also extends M-DAQ’s licensed footprint following earlier expansion moves involving EasyPay in Malaysia and Wallex in Indonesia. With METech joining the group, M-DAQ said it now holds five regulated licenses across four major ASEAN markets. The company also highlighted Vietnam’s fast-growing digital economy, domestic e-commerce market, and projected cross-border B2C growth as major tailwinds for regional payment infrastructure. Executives from both firms said the integration is intended to improve speed, reliability, transparency, and compliance for cross-border payment flows, including use cases relevant to crypto and Web3 businesses seeking scalable financial rails in Southeast Asia.

