Ksher
Ksher is a Hong Kong-headquartered cross-border payment fintech founded in 2016 that provides merchant acquiring and funds collection services for 200,000+ MSMEs and enterprises across 10+ ASEAN and East Asian markets, supporting 40+ e-wallets with $10B+ in cumulative transaction volume.
- Company typePrivate
- Founded2016
- HeadquartersBeijing, China
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Ksher does
Ksher is a Hong Kong-headquartered cross-border payment fintech founded in 2016 in Bangkok, Thailand. The company operates a multi-country payment infrastructure platform serving 200,000+ merchants across 10+ jurisdictions including Thailand, Singapore, Malaysia, Vietnam, the Philippines, Indonesia, Hong Kong, China, Japan, and the UAE. Its product portfolio is organized around two core lines: Accept Payments (multi-channel payment acceptance spanning an online payment gateway, QR codes, EDC terminals, the Ksher Boss Pro merchant app, and the Link Pay social commerce feature that enables merchants to accept payments without a website via shared payment links) and Collect Funds (cross-border funds collection and remittance for merchants receiving international payments). The platform supports 40+ e-wallets and integrates with marketplaces (Lazada, Shopee, TikTok, Pgmall, Etsy), card networks (Mastercard, Visa), and banking partners (Citibank, Standard Chartered, Bank of China, DBS, Kasikorn Bank). Underlying the product surface is a SaaS-based merchant backend for transaction tracking, reconciliation, refunds, and settlement, plus a developer-facing API and SDK for custom integration. Ksher holds payment licenses in Thailand and the UK, an OPS registration in the Philippines, an MSO license in Hong Kong, and maintains ISO 27001 and PCI DSS certifications.
The company earns revenue primarily through transaction fees on cross-border payment processing and merchant acquiring services. Its go-to-market combines a product-led self-serve merchant portal, an enterprise field-sales motion with dedicated account managers and WeChat-based VIP service, and channel partnerships with major e-commerce platforms and banking institutions. Customer segmentation is horizontal: primary targets are MSMEs and individual sellers on regional marketplaces, with a secondary focus on large enterprises requiring multi-country payment orchestration. Ksher employs 300+ professionals across East and Southeast Asia and is backed by venture investors including Sequoia Capital, MindWorks Ventures, Infinity Ventures (Headline Asia), HSG, and Innovation and Technology Venture Fund, with approximately $21.6M in disclosed funding across rounds between 2017 and 2024. The company has scaled from a single-market Bangkok acquirer into a multi-licence regional payments platform processing over $10B in cumulative transaction volume, with continued expansion into B2B cross-border payments and full ASEAN coverage as of 2024.
Ksher firmographics
Firmographics- Name
- Ksher
- Legal name
- Ksher (Hong Kong) Co., Limited
- Website
- https://ksher.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Ksher is a Hong Kong-headquartered cross-border payment fintech founded in 2016 that provides merchant acquiring and funds collection services for 200,000+ MSMEs and enterprises across 10+ ASEAN and East Asian markets, supporting 40+ e-wallets with $10B+ in cumulative transaction volume.
- Ownership category
- akta.pro rank
Ksher industry classification
Industry- Product category
- Cross-Border Payment Processing
- akta.pro primary industry
- Merchant Cross-Border Collections (Pay-ins) & Local Payment Methods (FSAGAKAD)
- akta.pro secondary industries
- Cross-Border Collections & Local Receiving (Pay-ins) (FSAMAIAI), Cross-Border Payouts & Mass Disbursements (Pay-outs) (FSAMAIAJ), Merchant Acquiring & Processing Platforms (BPAMAFAB)
Keywords
Where Ksher is headquartered
LocationHeadquarters
- HQ city
- Beijing
- HQ country
- China
- HQ region
- Asia
Offices8 records
Markets served
Ksher business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure, Supply Chain
Revenue model
- Payment Processing/Transaction Fees: Fees charged on cross-border payment transactions processed through the platform for merchants accepting and collecting funds
- Merchant Acquiring Services: Merchant acquiring platform services enabling businesses to accept digital payments across ASEAN markets
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Contact-based enterprise pricing |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels4 records
Ksher product offering
Product offeringCore offering
Ksher provides cross-border payment processing and merchant acquiring services across ASEAN markets, enabling businesses to accept payments via multiple channels (online gateway, QR codes, EDC terminals, social commerce via Link Pay) and collect international funds through its SaaS platform. The platform supports 40+ e-wallets and serves over 200,000 merchants with cumulative transaction volume exceeding $10 billion across 10+ countries including Thailand, Singapore, Malaysia, Vietnam, Philippines, Indonesia, Japan, UAE, Hong Kong, and China.
Product overview
Ksher is a fintech company providing cross-border payment solutions in the ASEAN region. The platform operates as a unified portfolio combining Accept Payments (multi-channel payment acceptance) and Collect Funds (cross-border funds collection), supported by integrated products including Link Pay for social commerce, QR Code and EDC terminals for offline payments, Ksher Boss Pro merchant application, Online Payment Gateway, Merchant Platform dashboard, and API/SDK for developer integration. The platform serves both B2C and B2B segments with support for 40+ e-wallets across 10+ countries, processing over $10 billion in cumulative transaction volume. The architecture combines payment processing infrastructure with compliance licensing, merchant onboarding, and settlement services.
Differentiator
Problem solved
Functional benefit
Products and services
- Accept Payments A comprehensive multi-channel payment acceptance solution enabling merchants to accept payments through online gateway, QR codes, EDC terminals, social media platforms like Facebook, and integration via Application, Website, Mobile web/H5, Kiosk, and POS. Designed for merchants across ASEAN markets seeking to accept diverse local and international payment methods.
- Collect Funds Cross-border funds collection and remittance solution enabling merchants in Southeast Asia to receive international payments from global customers. Supports B2C and B2B funds collection across multiple markets.
- B2B Cross-Border Payments Business-to-business cross-border payment service enabling enterprise merchants to process international B2B transactions across ASEAN markets, complementing Ksher's B2C-focused offerings.
- RMB Domestic Payments Domestic Chinese Yuan (RMB) payment services enabling cross-border RMB transactions for merchants operating between China and ASEAN markets.
Quantifiable outcome
- Trusted by 200,000+ customers across ASEAN
- +3 more outcomes
Companies that use Ksher
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles2 records
Ksher technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration12 records
Feature5 records
Ksher partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered flagship, core banking partner, regional banking partner and core partner.
- King PowerflagshipStrategic partnership formed in 2016 when Ksher was established in Bangkok. King Power is a major duty-free retailer in Thailand.
- Citibankcore banking partnerBanking partnership for cross-border payment processing and settlement services
- Standard Chartered Bankcore banking partnerBanking partnership for payment processing across ASEAN markets
- Bank of China (BoC)core banking partnerBanking partnership for cross-border settlement and RMB services
- Kasikorn Bank (kBank)regional banking partnerThai banking partnership for local payment processing in Thailand market
- DBS Bankregional banking partnerSoutheast Asian banking partnership for Singapore and regional payment services
- MasterCardcore partnerCard network partnership enabling card payment acceptance across markets
- Visacore partnerCard network partnership enabling card payment acceptance across markets
- LazadaflagshipE-commerce platform partnership enabling merchants on Lazada to use Ksher payment solutions. Major Southeast Asian marketplace.
- ShopeeflagshipE-commerce platform partnership enabling merchants on Shopee to use Ksher payment solutions. Major Southeast Asian marketplace.
- TikTokflagshipE-commerce platform partnership enabling TikTok sellers to use Ksher payment solutions for cross-border commerce
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
Ksher competitors and assessment
Company assessmentDirect peers
- WorldFirst (Ant Group): Cross-border B2B payment and FX platform under Ant Group serving SMBs and marketplaces — comparable to Ksher's cross-border collections and B2B cross-border payment services.
- Airwallex: Cross-border payment platform serving SMEs and enterprises across APAC with multi-currency accounts, FX, and acquiring — directly comparable to Ksher's B2B and B2C cross-border focus in the same region.
- Opn (formerly Omise): Thailand-headquartered payment gateway and acquiring platform with deep ASEAN market penetration — most directly comparable to Ksher on geography (Thailand HQ) and merchant acquiring product set.
- 2C2P: ASEAN-focused payment processor and acquirer offering cross-border, e-commerce, and merchant acquiring services — directly comparable in product scope and ASEAN market coverage, now part of the Ant Group ecosystem.
- dLocal: Cross-border payment processor for emerging markets, enabling merchants to accept local payment methods globally — comparable to Ksher's cross-border pay-in / local payment method aggregation model.
- Payoneer: Global cross-border payment and funds collection platform for SMBs and marketplaces — directly comparable on cross-border pay-in / collect funds use cases and SMB customer focus.
Broad incumbents
- Adyen: Global unified commerce platform offering acquiring, gateway, and cross-border processing — comparable on merchant acquiring and cross-border processing, but a much broader global incumbent with growing APAC ambition.
- Stripe: Global internet payment processor with expanding APAC presence, including recent launches in Southeast Asia — comparable on payment gateway and cross-border acquiring, but a much larger global incumbent.
- PayU: Global emerging-markets payment processor with strong APAC and cross-border capabilities — comparable on cross-border processing for merchants in emerging markets including ASEAN.
Emerging players
- Xendit: Indonesia/SE Asia-focused payment gateway serving SMBs and platforms with local payment method coverage — comparable on SMB acquiring and e-wallet integration across ASEAN.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Ksher social profiles
Digital presenceKsher compliance and trust
Trust signalCompliance2 records
Ksher financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ksher leadership team
Management profileNumber of profiles
Profiles4 records
Ksher subsidiaries and ownership
Company hierarchySubsidiaries6 records
Ksher funding detail
Funding detailFunding overview
Funding rounds6 records
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ksher M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ksher
What does Ksher do?
Ksher provides cross-border payment processing and merchant acquiring services across ASEAN markets, enabling businesses to accept payments via multiple channels (online gateway, QR codes, EDC terminals, social commerce via Link Pay) and collect international funds through its SaaS platform. The platform supports 40+ e-wallets and serves over 200,000 merchants with cumulative transaction volume exceeding $10 billion across 10+ countries including Thailand, Singapore, Malaysia, Vietnam, Philippines, Indonesia, Japan, UAE, Hong Kong, and China.
Is Ksher a public or private company?
Ksher is a private company. It is classified as venture growth investor backed and is currently operating.
When was Ksher founded?
Ksher was founded in 2016. It employs 51 to 100 people.
Where is Ksher based?
Ksher is headquartered in Beijing, China, in the Asia region.
How does Ksher make money?
Two revenue lines are on record. Payment Processing/Transaction Fees are the primary driver. The others are merchant Acquiring Services.
Who are Ksher's main competitors?
Direct peers on record are WorldFirst (Ant Group), Airwallex, Opn (formerly Omise), 2C2P, dLocal and Payoneer. Broad incumbents are Adyen, Stripe and PayU. Xendit is listed as an emerging player.
Does Ksher have an API?
Yes. Ksher provides an API and SDK for developers to integrate their payment solutions. The API is described as clearly designed with simplicity suitable for programmers. The SDK includes tools in one package such as libraries, code samples, how-to codes, and instructions to make integration easy. Integration options include Application, Website, Mobile web/H5, Kiosk, and POS.
What industry is Ksher in?
Ksher's product category is Cross-Border Payment Processing. Its primary akta.pro industry code is FSAGAKAD, Merchant Cross-Border Collections (Pay-ins) & Local Payment Methods, with a secondary code of FSAMAIAI, Cross-Border Collections & Local Receiving (Pay-ins).