From June 3rd to June 5th, the Money20/20 European Summit, a global financial technology event, was held in Amsterdam, the Netherlands.
As a representative company in the field of digital payment in China, Lianlian Digital was invited to appear at the Zhejiang Provincial Exhibition Hall and give an on-site speech and promotion. It became one of the key payment companies on display, fully demonstrating the innovative strength and industry influence of Chinese financial technology companies in the development of globalization.
As China’s leading AI-driven digital payment service provider, Lianlian Digital revolves around ‘AI native +
Globalization’ strategy, conduct in-depth exchanges with global industry partners on issues such as cross-border payment technology innovation, global payment network collaboration and ecological co-construction, and focus on exploring the innovative applications of AI technology in payment efficiency optimization, intelligent risk control and cross-border business scenarios.
Relying on the deep integration of digital payment and smart technology, Lianlian Digital is accelerating the construction of a new global smart financial infrastructure to help enterprises achieve more efficient and smarter global capital connections.
Information shows that Lianlian Digital was founded in 2009 and will be listed on the main board of the Hong Kong Stock Exchange in 2024 (2598.HK). It is China’s leading cross-border payment service provider.
Relying on 68 global payment licenses and related qualifications, Lianlian has built a cross-border payment network covering more than 100 countries and regions around the world, serving more than 10.4 million customers around the world.
Among them, Europe is an important fulcrum for Lianlian’s global layout.
In recent years, Lianlian has continued to improve its localization capabilities in Europe, established a local operation team, and obtained necessary local licenses, including the British Authorized Payment Institution (API) license and the Luxembourg Electronic Money Institution EMI (Electronic Money Institution) license.
What is particularly noteworthy is that the EMI license issued by the Luxembourg Financial Industry Regulatory Commission has service capabilities covering the European Economic Area (EEA, covering 27 EU countries and Norway, Iceland, and Liechtenstein), further unlocking one-stop payment capabilities in the European region.
This license not only supports electronic currency issuance, cross-border payment, fund settlement and multi-currency operations, but also lays a solid foundation for Lianlian to connect the entire European market with unified service standards and serve cross-border e-commerce and cross-border trading enterprises.
Based on the continuous improvement of compliance capabilities, Lianlian Digital is further accelerating the expansion of its European business network.
Relying on the advantages of licenses, technology and cooperation network, Lianlian Europe is committed to providing local customers with efficient, safe and compliant cross-border payment and financial technology services, helping merchants and enterprises expand global business more quickly and steadily.
At present, Lianlian has reached official cooperation with a number of European cross-border e-commerce platforms and continues to promote the implementation of local collection and payment service capabilities in Europe.
Taking TikTok Shop’s European local store as an example, Lianlian has fully opened the EUR collection service, supporting the unified euro account binding card collection in the five countries of Spain, Germany, Italy, France, and Ireland, providing cross-border sellers with a more convenient, efficient, and low-cost collection experience.
In the long-term global layout, Lianlian has gradually formed an underlying advantage with compliance capabilities as its core, and superimposed AI technology capabilities on this basis to promote its evolution from a ‘payment service provider’ to an ‘AI native financial infrastructure provider’, providing efficient, safe, and compliant financial solutions for corporate globalization.
Lianlian Digital stated that participating in the Money20/20 European Summit this time is an important opportunity for Lianlian to deepen local connections in Europe and connect with global industrial resources.
Relying on the platform of this summit, Lianlian will further open up cooperation channels with European and global science and technology entities and industrial partners, and build industry consensus to explore the innovative direction of cross-border payment services in the AI era.
In the future, Lianlian will continue to anchor the “AI Native + Globalization” strategy, hone its localized, intelligent, and compliant financial technology service capabilities, open up global capital links for more cross-border companies, accompany companies to deeply explore the European market, broaden the global growth curve, and work with global partners to jointly promote the digitalization of global cross-border trade to a new level.
