SINGAPORE/ LONDON, 18 NOVEMBER 2025 — Banking Circle today announced a new collaboration with JD Fintech, a financial service platform for cross-border businesses and an affiliate of JD.com, to provide the infrastructure enabling real-time payments, Foreign Exchange (‘FX’) and marketplace collections for global businesses and merchants.
As a financial service platform, JD Fintech is focused on delivering seamless, scalable, and compliant payment solutions for both businesses and consumers. Integrating into Banking Circle’s infrastructure, JD Fintech will help accelerate the cross-border payment efficiency. With the new collaboration, JD Fintech can reduce friction in cross-border payments and enable businesses to seamlessly open multi-currency accounts for collections, payments, currency exchange, and real-time funds management. Access to Banking Circle’s virtual IBANs and local clearing rails further allow businesses to benefit from enhanced financial agility while ensuring compliance with local regulatory requirements.
Banking Circle’s single API and local clearing rails will be instrumental in building a seamless and localised payment experience for both merchants and shoppers on the platform.
“With JD Fintech we are playing a part in strengthening the international digital commerce corridor for expansion,” said Mishal Ruparel, Chief Commercial Officer at Banking Circle. “By connecting JD Fintech to our unparalleled local clearing network, we provide enhanced speed and transparency in cross-border transactions which will give Asian PSPs and fintech new ways to serve merchants looking to expand globally.”
For media queries, please contact:
Banking Circle
Gaya Ananda
gaya@bankingcircle.com
About Banking Circle S.A.
Banking Circle S.A. is a public limited liability company (Société Anonyme) and a credit institution (e.g., a bank) headquartered in Luxembourg and regulated by the Commission de Surveillance du Secteur Financier (CSSF) as its home regulator. Banking Circle S.A. has branches in Denmark, Sweden, Germany, and the UK, and subsidiaries in Liechtenstein, Singapore, Australia and Norway. As a fully licenced bank, Banking Circle S.A. enables payments companies and banks of any scale to seize opportunities in the new economy – quickly, at low cost.
Banking Circle S.A. is a modern correspondent bank committed to building a local clearing network for all major currencies, to deliver fast, low-cost payments with no hidden fees for the beneficiary. It provides a suite of unique and award-winning banking solutions, including multi-currency banking accounts and Virtual IBANs, bank connections for local clearing and cross-border payments, all underpinned by market leading compliance and security. Through bespoke, flexible, scalable and futureproof solutions Banking Circle S.A. is enabling financial institutions to help their customers transact across borders in innovative ways.