EMQ, a fintech innovator that provides secure money transfers for businesses and individuals in Asia, hit several milestones in October. Washington University in St. Louis alum Max Liu (BSBA 95) is EMQ’s co-founder and CEO.
On October 24th, EMQ announced its partnership with FOMO Pay, Singapore’s leading QR-code payment-solution provider, to meet the increasing demand for rapid money transfers from Singapore to China. The partnership is part of EMQ’s goal to move Singapore forward toward a digital economy. The company also is continuing to expand in Southeast Asia, Europe, the Middle East and North America.
A few days later, EMQ was honored with the prestigious 2018 Red Herring Top 100 Global Award. The award recognizes promising companies and entrepreneurs whose financial performance, innovation and management quality compare favorably to peer startups in their industries. Past Top 100 winners have included Facebook, Twitter, Google and YouTube.
Liu’s success as an entrepreneur has been shaped by his experiences at Washington University. As a student at Olin Business School, he participated in Olin’s Association of Collegiate Entrepreneurs, which afforded him an opportunity to travel to Beijing in 1992. There he met entrepreneurs from many industries, leading him to realize that interdisciplinary collaboration was necessary to reach his goals.
Liu is an active alum who supports current Olin students by sharing knowledge and opportunities with those interested in the Asian fintech market.