Latest news with #AndyWang
Yahoo
7 days ago
- Business
- Yahoo
Lanchi Ventures-Backed ONERWAY Secures 10 Million Series A+ to Bolster Global Payments Infrastructure
SINGAPORE and LONDON, Aug. 12, 2025 /PRNewswire/ -- UK-founded global payments infrastructure provider ONERWAY has closed a $10 million series A+ funding round, with a valuation approaching $200 million. The round was led by Yunqi, with participation from all series A investors Lanchi Ventures, Eminence Ventures and Enlight Growth Partners, underscoring sustained investor confidence in its mission to streamline global financial transactions. The new capital will accelerate its global expansion, enhance cross-border payment infrastructure for faster and more cost-effective processing, and improve its current product matrix with new solutions such as stablecoin, agentic payment and other AI-driven products. "The payments system is the foundational infrastructure underpinning global commerce, having given rise to multibillion-dollar giants such as Visa, Mastercard, PayPal, and Stripe. Today, advancements in AI and stablecoins are bringing unprecedented opportunities to the industry. Lanchi Ventures firmly supports ONERWAY's exceptional founders in building a new generation of world-class payment platforms with the power of technology – making cross-border transactions safer, more convenient, and more efficient," commented Lanchi Ventures. Since 2017, ONERWAY has established itself as a leader in overseas corporate account solutions, handling cross-border merchant acquiring, global payouts and card issuance for a growing roster of global clients. Trusted by top e-commerce platforms, leading gaming developers and AIGC startups, it now supports over 170 payment methods across 110 currencies, with seven global offices covering more than 60 countries and regions. Having maintained profitability since 2022 and with a strong cash position, it has demonstrated robust execution, wrapping up this Series A+ round in months despite volatile capital market conditions. This track record reinforces its appeal to both investors and merchants seeking a stable, scalable payment partner. "The rapid completion of this funding round validates our growth strategy in a challenging market," said Andy Wang, Co-founder & CEO of ONERWAY. "We're not just scaling; we're redefining how businesses transact across borders. This funding accelerates that mission: breaking down fragmentation, slashing friction, and putting global growth within reach for every business." Leading investor Yunqi added: "ONERWAY is positioned to deliver end-to-end innovative payment solutions that align with the structural transformation of payment infrastructure and evolving consumer interaction paradigms. Through ongoing technological investment and global deployment capabilities, ONERWAY has become a strong partner for merchants worldwide." Looking ahead, ONERWAY will deploy the funds to enhance its technology, expand licensing and deepen partnerships, strengthening its ability to serve merchants operating across borders. With preparations underway for a Series B round in 2026, the company is poised to reinforce its position as a leading provider of global payment solutions, offering reliability and innovation for businesses ready to scale internationally. About ONERWAY Founded in the UK in 2017, ONERWAY delivers secure, efficient payment and corporate banking solutions worldwide, simplifying cross-border transactions via unified global infrastructure. About Lanchi Ventures Lanchi Ventures (LCV), a leading early-stage venture capital firm with offices in Singapore, Hong Kong, and Beijing, focuses on investing in entrepreneurs who leverage technological innovations to create a sustainable impact. With its heritage in Silicon Valley since 1998, Lanchi Ventures (LCV) manages over $2 billion in capital through multiple funds and has invested in over 200 portfolio companies, including Genspark, Gaussian Robotics, TCab, UniUni, Agibot, Galbot, Moonshot AI, Li Auto (NASDAQ: LI), QingCloud ( WaterDrop (NYSE: WDH), Ganji/ etc. The firm has been recognized by Forbes, Fortune, Preqin, and others. For further information, please visit View original content: SOURCE Lanchi Ventures Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Wall Street Journal
7 days ago
- Business
- Wall Street Journal
No More Offshore. Startups Look to Spend and Hire in U.S. Due to Trump Tax Change
Tech startups are dusting off U.S. hiring plans after Congress revived a popular tax deduction—and the same change could drive domestic hiring more broadly as well, executives and tax professionals say. Finta, a San Francisco-based tax-and-accounting software startup with fewer than a dozen employees, plans to fill five positions, including software engineers, in the U.S. instead of abroad by the end of the year, founder Andy Wang said. 'The change makes domestic R&D far more attractive.'
Associated Press
06-07-2025
- Business
- Associated Press
MiLi Gears Up for Amazon Prime Day with Exclusive Deals on the MiTag Duo & LiTag Duo for Travel Gadgets Up To 30% Off
SHENZHEN, China--(BUSINESS WIRE)--Jul 6, 2025-- MiLi is kicking off its biggest summer sale for Prime Day, July 8–11, with major discounts on all Bluetooth trackers. Available across Europe and North America, these deals are perfect for travelers, pet owners, and busy professionals. Buy multi-packs for extra savings! This press release features multimedia. View the full release here: What to Expect from MiLi on Prime Day Products:MiTag Duo and LiTag Duo (Apple Find My and Google Find Hub compatible) Prime Day Highlight: Early bird deals all over Europe and North America already show bundles down 30%! Purchase the 4-pack (MiTag Duo,LiTag Duo) for even steeper discounts. Seamless Delivery Across 12 European Stores Thanks to Amazon's logistics network, Prime members in the UK (England), France, Germany, Italy, Spain, Poland, Sweden, Turkey, Austria, Belgium, the Netherlands, Ireland, Japan, United States, and Canada will enjoy same day or next day fulfilment. 'Prime Day is more than a sale—it's when millions of travellers plan the tools that will accompany them for the next 12 months,' quotes Andy Wang, Head of Sales from MiLi. 'Whether you're protecting your bag with MiTag or dropping LiTags in a luggage, we're thrilled to bring the peace of mind of real time tracking to even more European and North American customers at the best prices of the year.' Key Prime Day Facts (2025) About The Products MiTag Duo MiTag Duo is a IP67 waterproof pocket-sized tracker for your keys, bag, or suitcase that makes lost items a thing of the past. It works with Apple Find My and Google Find Hub to show live location and plays a loud chime when nearby. LiTag Duo LiTag Duo packs MiTag's advanced tracking technology into a compact design, seamlessly snapping into AirTag key rings and Apple accessories—plus, it comes with an AirTag holder. Locate it via Apple Find My or Google Find Hub—up to 500 ft (150 m)—or just ask your voice assistant. It is also IP67 waterproof, supports sharing with friends, and keeps your data safe with end-to-end encryption. The only difference between MiTag Duo & LiTag Duo is the size: MiTag Duo: 3.8 x 3.8 x 0.9 mm LiTag Duo: 3.2 x 3.2 x 0.8 mm (same as AirTag) About MiLi Founded in 2003, MiLi blends minimalist design with advanced wireless technology to create everyday accessories that solve modern travel pains—from lost luggage to forgotten keys. MiLi's products are certified for both Apple Find My and Google Find Hub networks and are distributed in 50+ countries through their Shopify website ( ), Amazon stores, across 100+ airlines, and retail partners. View source version on Jason Zhao,[email protected] KEYWORD: CHINA EUROPE ITALY ASIA PACIFIC INDUSTRY KEYWORD: TECHNOLOGY MOBILE/WIRELESS ELECTRONIC COMMERCE CONSUMER ELECTRONICS SOURCE: MiLi Copyright Business Wire 2025. PUB: 07/06/2025 02:41 AM/DISC: 07/06/2025 02:41 AM
Yahoo
06-07-2025
- Business
- Yahoo
MiLi Gears Up for Amazon Prime Day with Exclusive Deals on the MiTag Duo & LiTag Duo for Travel Gadgets Up To 30% Off
SHENZHEN, China, July 06, 2025--(BUSINESS WIRE)--MiLi is kicking off its biggest summer sale for Prime Day, July 8–11, with major discounts on all Bluetooth trackers. Available across Europe and North America, these deals are perfect for travelers, pet owners, and busy professionals. Buy multi-packs for extra savings! What to Expect from MiLi on Prime Day Products: MiTag Duo and LiTag Duo (Apple Find My and Google Find Hub compatible) Prime Day Highlight: Early bird deals all over Europe and North America already show bundles down 30%! Purchase the 4-pack (MiTag Duo, LiTag Duo) for even steeper discounts. Seamless Delivery Across 12 European Stores Thanks to Amazon's logistics network, Prime members in the UK (England), France, Germany, Italy, Spain, Poland, Sweden, Turkey, Austria, Belgium, the Netherlands, Ireland, Japan, United States, and Canada will enjoy same day or next day fulfilment. "Prime Day is more than a sale—it's when millions of travellers plan the tools that will accompany them for the next 12 months," quotes Andy Wang, Head of Sales from MiLi. "Whether you're protecting your bag with MiTag or dropping LiTags in a luggage, we're thrilled to bring the peace of mind of real time tracking to even more European and North American customers at the best prices of the year." Key Prime Day Facts (2025) Timing: July 8 – 11th Access: Deals are exclusive to Prime members; new shoppers can start a free 30 day trial to participate About The Products MiTag Duo MiTag Duo is a IP67 waterproof pocket-sized tracker for your keys, bag, or suitcase that makes lost items a thing of the past. It works with Apple Find My and Google Find Hub to show live location and plays a loud chime when nearby. LiTag Duo LiTag Duo packs MiTag's advanced tracking technology into a compact design, seamlessly snapping into AirTag key rings and Apple accessories—plus, it comes with an AirTag holder. Locate it via Apple Find My or Google Find Hub—up to 500 ft (150 m)—or just ask your voice assistant. It is also IP67 waterproof, supports sharing with friends, and keeps your data safe with end-to-end encryption. The only difference between MiTag Duo & LiTag Duo is the size: MiTag Duo: 3.8 x 3.8 x 0.9 mm LiTag Duo: 3.2 x 3.2 x 0.8 mm (same as AirTag) About MiLi Founded in 2003, MiLi blends minimalist design with advanced wireless technology to create everyday accessories that solve modern travel pains—from lost luggage to forgotten keys. MiLi's products are certified for both Apple Find My and Google Find Hub networks and are distributed in 50+ countries through their Shopify website ( Amazon stores, across 100+ airlines, and retail partners. View source version on Contacts Jason Zhao, Jason@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
06-07-2025
- Business
- Business Wire
MiLi Gears Up for Amazon Prime Day with Exclusive Deals on the MiTag Duo & LiTag Duo for Travel Gadgets Up To 30% Off
SHENZHEN, China--(BUSINESS WIRE)--MiLi is kicking off its biggest summer sale for Prime Day, July 8–11, with major discounts on all Bluetooth trackers. Available across Europe and North America, these deals are perfect for travelers, pet owners, and busy professionals. Buy multi-packs for extra savings! What to Expect from MiLi on Prime Day Products: MiTag Duo and LiTag Duo (Apple Find My and Google Find Hub compatible) Prime Day Highlight: Early bird deals all over Europe and North America already show bundles down 30%! Purchase the 4-pack (MiTag Duo, LiTag Duo) for even steeper discounts. Seamless Delivery Across 12 European Stores Thanks to Amazon's logistics network, Prime members in the UK (England), France, Germany, Italy, Spain, Poland, Sweden, Turkey, Austria, Belgium, the Netherlands, Ireland, Japan, United States, and Canada will enjoy same day or next day fulfilment. 'Prime Day is more than a sale—it's when millions of travellers plan the tools that will accompany them for the next 12 months,' quotes Andy Wang, Head of Sales from MiLi. 'Whether you're protecting your bag with MiTag or dropping LiTags in a luggage, we're thrilled to bring the peace of mind of real time tracking to even more European and North American customers at the best prices of the year.' Key Prime Day Facts (2025) Timing: July 8 – 11th Access: Deals are exclusive to Prime members; new shoppers can start a free 30 day trial to participate About The Products MiTag Duo MiTag Duo is a IP67 waterproof pocket-sized tracker for your keys, bag, or suitcase that makes lost items a thing of the past. It works with Apple Find My and Google Find Hub to show live location and plays a loud chime when nearby. LiTag Duo LiTag Duo packs MiTag's advanced tracking technology into a compact design, seamlessly snapping into AirTag key rings and Apple accessories—plus, it comes with an AirTag holder. Locate it via Apple Find My or Google Find Hub—up to 500 ft (150 m)—or just ask your voice assistant. It is also IP67 waterproof, supports sharing with friends, and keeps your data safe with end-to-end encryption. The only difference between MiTag Duo & LiTag Duo is the size: MiTag Duo: 3.8 x 3.8 x 0.9 mm LiTag Duo: 3.2 x 3.2 x 0.8 mm (same as AirTag) About MiLi Founded in 2003, MiLi blends minimalist design with advanced wireless technology to create everyday accessories that solve modern travel pains—from lost luggage to forgotten keys. MiLi's products are certified for both Apple Find My and Google Find Hub networks and are distributed in 50+ countries through their Shopify website ( Amazon stores, across 100+ airlines, and retail partners.
