On February 4, 2026, Waffo, a leading global payment and monetization platform, proudly announced the successful closure of its Series A funding round, amassing over $15 million. This strategic financing was co-led by Gaorong Capital and Illuminate Financial, with significant contributions from HSBC and BAI Capital.

Leveraging a single, unified API, Waffo seamlessly integrates over 430 local payment methods across more than 50 countries and regions globally. It offers digital enterprises a comprehensive suite of services, including one-stop global payment collection, subscription management, compliance risk control, and settlement solutions. The platform is engineered to handle high-concurrency transactions, boasting an impressive 2000 TPS processing capability and a remarkable 99.99% service availability rate. This robust infrastructure empowers industries such as gaming, AI, SaaS, and digital content to overcome payment hurdles and achieve scalable monetization strategies.

The fresh influx of capital will be strategically allocated to develop more sophisticated payment solutions tailored to diverse market needs. Waffo aims to expand its global acquiring network, enhance the availability of local payment methods in burgeoning markets, and forge broader partnerships within the global payment channel ecosystem.