ONERWAY Raises $10M Series A+ to Redefine Cross-Border Payments for Global Merchants

August 13, 2025

ONERWAY, the London-founded global payments infrastructure company, raised $10 million (£7.37 million) in a Series A+ funding round in August 2025, led by Yunqi, with participation from existing Series A investors Lanchi Ventures, Eminence Ventures, and Enlight Growth Partners. The round was closed in months, a speed that reflects the company’s strong financial profile — ONERWAY has been profitable since 2022. The capital will fund global expansion, technology development, licensing and partnership deepening, and the development of new product lines including stablecoin payments, agentic payment systems, and other AI-driven financial infrastructure. ONERWAY is already preparing for a Series B round in 2026.

Cross-border commerce is structurally more difficult than it should be. A business that wants to sell to customers in multiple countries must navigate different payment preferences, currencies, local banking relationships, regulatory requirements for merchant acquiring, and the technical complexity of connecting to hundreds of different payment rails. Traditional banking solutions require companies to open accounts in each jurisdiction, work with multiple local processors, and accept the friction, cost, and management overhead that fragmented infrastructure creates. The result is that cross-border is treated as an exception by most payment systems, rather than as the default for a global business.

Founded in 2017 and led by CEO Andy Wang, ONERWAY addresses this by providing a unified global payments and corporate banking infrastructure through a single platform. The company handles cross-border merchant acquiring, global payouts, card issuance, FX conversion, and multi-currency business banking, all accessible through a single API and backed by seven offices in more than 60 countries. Its network supports over 170 payment methods across 110 currencies — covering the local payment preferences that matter in specific markets, from Alipay and WeChat Pay in China to iDEAL in the Netherlands to PIX in Brazil. Clients include major e-commerce platforms, gaming developers, and AI content-generation startups, all of which have inherently global customer bases and payment flows from day one.

The Series A+ proceeds will fund geographic expansion into additional European and Latin American currency corridors, deepen ONERWAY’s banking partnerships in the Middle East and Asia Pacific, grow its engineering and go-to-market teams, and invest in next-generation product development. The planned addition of stablecoin payment rails reflects the company’s reading of where cross-border payments are heading: as institutional adoption of dollar-denominated stablecoins grows and regulatory frameworks mature, on-chain settlement will become an increasingly important option for merchants managing FX risk and settlement timing across multiple jurisdictions.

The completion of this round in months despite volatile capital market conditions is a statement about ONERWAY’s commercial fundamentals. Profitability since 2022 — a rare achievement in payments infrastructure, a capital-intensive business — reflects disciplined unit economics and a client roster whose transaction volumes generate recurring, high-quality revenue. Lanchi Ventures, citing the historical precedents of Visa, Mastercard, PayPal, and Stripe as evidence of the value payments infrastructure can create, described ONERWAY as positioned to build a “new generation of world-class payment platforms” at the intersection of AI and stablecoin-enabled commerce.

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