Asia Digital Bank

What Asia Digital Bank does

Asia Digital Bank Ltd. is a Labuan-incorporated, Malaysia-headquartered licensed investment bank (Licence No.: 200134BI), operating as a wholly-owned subsidiary of Asia Pacific Investment Bank (APIB), which was established by China Nanjing Zijin Investment Group. Founded in 2019 and licensed in November 2020 — including the first Digital Banking (Investment Bank) Licence issued by Labuan FSA — the company operates from its headquarters in Labuan and a regional office in Kuala Lumpur, serving clients across Southeast Asia, Greater China, the Middle East, and Europe. Its platform combines centralized banking services with decentralized finance protocols and is anchored by the A-Bank Super Wallet mobile application.

The company's core technology is a blockchain-based digital finance stack centered on the A-Bank Super Wallet, which supports 17 major fiat currencies (including SGD, USD, EUR, CNY, CNH, HKD) alongside digital assets such as USDT, USDC, and its proprietary ACNH stablecoin. Adjacent products include EzPayroll (multi-currency and digital-asset payroll for employers, employees, and freelancers), Digital Empowered Trade Finance via Letter of Credit, Digital Asset Management, and a planned AMM-DEX with NFT trading. Technology partnerships with Huawei (cloud infrastructure) and everVision/Arweave (everPay digital asset payment protocol) underpin the architecture, while payment integrations extend to VISA, Mastercard, JCB, UnionPay, Alipay Global, WeChat Global, PayPal, and bank/wire transfer rails.

The business model is transaction-fee driven, monetizing cross-border payments, multi-currency exchange, payroll processing, trade finance letter-of-credit services, and licensed investment banking/wealth management activities. Go-to-market blends product-led growth (self-serve in-app onboarding for individuals, online enterprise portal for businesses) with event-driven outreach (e.g., ASEAN Law Association, Silk Road and Asian Civilization Forum) and partnership-led distribution. Customer segments span corporate/enterprise clients needing cross-border payments, SMEs engaged in international trade, and individual users/freelancers receiving multi-currency salaries. The company is privately held, employs 51–100 people, and has not disclosed revenue or external funding.

Name

Asia Digital Bank

Legal name

Asia Digital Bank Ltd.

Website

https://asiadb.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

51–100 employees

Short description

Asia Digital Bank is a Labuan-licensed Malaysian investment bank operating the A-Bank Super Wallet, a multi-currency mobile platform for cross-border payments, trade finance, payroll, and digital asset services. It serves enterprises, SMEs, and individuals across Southeast Asia, Greater China, the Middle East, and Europe.

Ownership category

akta.pro rank

Product category

Digital Investment Banking

NAICS

Commercial Banking (52211), Depository Credit Intermediation (5221)

SIC

National Commercial Banks (6021), Finance Services (6199)

akta.pro primary industry

Digital Retail Banking (Online & Mobile) (FSABAAAF)

akta.pro secondary industries

Multi-Currency Accounts, Wallets & IBAN Services (FSAMAIAG), Digital Wallet Platforms (Consumer & Merchant) (BPAMAFAC), Cross-Border FX, Multi-Currency & Treasury for Payments (FSAGABAK), Tokenized Bank Deposit & Commercial Bank Money Issuers (FSADADAB), Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL)

Keywords

• Digital investment banking
• Cross-border payments
• Multi-currency exchange
• Trade finance services
• Digital asset management

Headquarters

HQ city

Petaling

HQ country

Malaysia

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Cross-Border Payment and Settlement Fees: Fees charged for cross-border payment services and currency exchange transactions conducted through the A-Bank Super Wallet platform
2. Multi-Currency Exchange Services: Revenue from currency conversion between 17 fiat currencies and digital assets (ACNH, USDT, USDC)
3. Payroll Services: EzPayroll platform fees for processing multi-currency and digital asset payroll for employers, employees, and freelancers
4. Trade Finance Services: Digital Empowered Trade Finance Letter of Credit services for importers and exporters
5. Investment Banking Services: Investment banking, wealth management, and asset management services as a licensed Labuan Investment Bank

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels11 records

Core offering

Asia Digital Bank operates as a licensed Labuan Investment Bank providing cross-border payments, multi-currency exchange (17 fiat currencies and digital assets including USDT, USDC, and the proprietary ACNH stablecoin), trade finance (Letter of Credit), wealth management, and digital asset management. Its flagship channel is the A-Bank Super Wallet mobile app, supplemented by EzPayroll for compliant cross-border multi-currency and digital asset salary payments.

Product overview

Asia Digital Bank operates as a licensed Labuan Investment Bank offering a unified digital financial platform. The core product is the A-Bank Super Wallet App, a comprehensive mobile financial service combining traditional banking functions with modern financial technologies. Supporting 17 fiat currencies and multiple digital assets, it integrates cross-border payments, international settlements, wealth management, and corporate banking. Adjacent to the core wallet, EzPayroll provides multi-currency and digital asset payroll solutions, while specialized services cover Digital Asset Management and Digital Empowered Trade Finance (Letter of Credit). The ecosystem is unified through blockchain technology and shared multi-currency infrastructure, with ACNH (AsiaDB Stablecoin) serving as the proprietary digital asset for cross-border settlements.

Differentiator

Problem solved

Functional benefit

Brands

• A-Bank Super Wallet: A comprehensive mobile financial service platform for individual and corporate clients offering cross-border payments, international settlements, wealth management, and corporate banking services, supporting 17 major fiat currencies
• EzPayroll
• ACNH (AsiaDB Stablecoin)

Products and services

• A-Bank Super Wallet App A comprehensive mobile financial service platform for individual and corporate clients offering cross-border payments, international settlements, wealth management, and corporate banking services, supporting 17 major fiat currencies (SGD, USD, EUR, CNY, CNH, HKD, AUD, JPY, THB, AED, QAR, DKK, NZD, CAD, SEK, CHF, GBP) and digital assets including USDT, USDC, and ACNH stablecoin. Available on Android (5.0+) via Google Play and iOS via TestFlight (APAC only).
• EzPayroll by AsiaDB A one-stop cross-border payroll platform enabling employers, employees, and freelancers globally to send, receive, and exchange multi-currency and digital asset salaries in a legal and compliant manner. Supports CNH, HKD, JPY, SGD, THB, AED, QAR, DKK, AUD, NZD, CAD, SEK, CHF, GBP, EUR, USD, ACNH, USDT, and USDC, and integrates with existing payroll services and accounting systems.
• Cross-Border Payment
• Digital Asset Management
• Digital Empowered Trade Finance — Letter of Credit
• ACNH (AsiaDB Stablecoin)

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration11 records

Feature6 records

Partnerships

Five partnerships are on record, tiered core and minor.

• everVision (Arweave's Web3 Infrastructure)coreTechnology or Integration · 17 November 2022Strategic partnership using everVision's everPay digital asset payment protocol. Asia Digital Bank will fully upload digital asset ledger to Arweave, creating low-cost blockchain solution for trusted collaborations among financial institutions. Jointly exploring licensed financial institutions and Web3 technology combinations.
• Huawei Technologies (Malaysia)coreTechnology or Integration · 18 April 2022Signed Memorandum of Collaboration (MoC) for development of future-oriented cloud-based digital solutions using HUAWEI CLOUD Technology. Cooperation includes asset digitisation solutions and cloud-based A-Bank Super Wallet App development through distributor and reseller business models.
• Amanie AdvisorscoreOthers · 15 February 2022Appointment as Shariah advisor for AsiaDB. Tan Sri Dr. Mohd Daud Bakar expressed interest in digital and fiat currency exchanges and suggested ways to advance AsiaDB's business. Hope that AsiaDB becomes bridge between Middle East investors and China in Islamic digital finance.
• Ong Ching YeeminorGTM or Marketing Partner · 6 January 2022Local well-loved news anchor appointed as Brand Ambassador starting January 2022. Ms. Ong is a TV news presenter recognized for impeccable presenting skills, won Best News Presenter award at Golden Awards 2017, and Top 5 Most Popular Female Artiste. Expected to boost brand awareness and assist in reaching company goals.
• Amanie GroupcoreOthers · 7 August 2019Islamic finance cooperation agreement signed between parent company APIB and Amanie Group for Islamic digital finance collaboration.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Sygnum Bank: Swiss-licensed digital asset bank offering multi-currency banking, crypto custody, and tokenisation services. Comparable to AsiaDB as a regulated bank combining traditional finance with digital asset services under a banking licence.
• AMINA Bank (formerly SEBA Bank): Swiss FINMA-licensed digital asset bank providing institutional crypto banking, trading, and custody. Closely comparable business model to AsiaDB as a licensed bank built around digital-asset and fiat integration.

Emerging players

• Stables: Stablecoin-based payment and money management platform targeting cross-border and remittance use cases. Comparable overlap with AsiaDB's stablecoin settlement and multi-currency payment positioning.
• Airwallex: Cross-border payments and multi-currency accounts platform serving Asia-Pacific businesses. Comparable cross-border B2B payments and multi-currency treasury offering, though licensed in multiple onshore jurisdictions.
• YouTrip: Multi-currency wallet targeting Southeast Asian travellers and SMEs for cross-border payments. Comparable multi-currency wallet and ASEAN regional focus, though without banking licence or crypto features.
• Wirex: Multi-currency wallet and card provider with integrated crypto-fiat conversion. Comparable product overlap with A-Bank Super Wallet on multi-currency accounts and crypto-fiat exchange, though without a banking licence.

Regional players

• GX Bank: One of Malaysia's licensed digital banks under Bank Negara Malaysia's digital banking framework. Comparable regional digital banking competitor, though operating under onshore Malaysian regulation rather than Labuan FSA.
• Boost Bank: Malaysian digital bank (Boost-RHB consortium) under Bank Negara Malaysia's digital bank licence. Comparable as a Malaysia-focused digital banking competitor targeting similar SME and consumer cross-border use cases.
• LianLian Global: China-based cross-border payments platform serving Chinese exporters and global merchants. Comparable cross-border trade payment positioning, with similar China-ASEAN-Middle East corridor focus.

Broad incumbents

• DBS Bank: Singapore-headquartered incumbent bank with extensive digital banking, cross-border payments, and digital asset services. Comparable as a broader incumbent operating in the same ASEAN cross-border and digital banking categories.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/AsiaDigitalBank
• YouTubeyoutube.com/channel/UCfelU3Z9EWvgQMEAhU9juAg
• Facebookfacebook.com/AsiaDigitalBank
• LinkedInlinkedin.com/company/asia-digital-bank
• Instagraminstagram.com/asiadigitalbank
• TikToktiktok.com/@asiadigitalbank

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Asia Digital Bank