B2M Asia was built on a simple observation: the businesses driving trade between Canada and Asia are paying far too much to move their own money. We built the technology to change that.
B2M Asia was founded in Toronto in 2020 by a team that had spent years working closely with import and export businesses trading across Canada and the Asia-Pacific region. What we saw repeatedly frustrated us: small and mid-size businesses were losing 3 to 5 percent of every international transaction to bank foreign exchange markups — fees that were largely invisible, never negotiated, and impossible to avoid through traditional channels.
For a business importing goods from China or exporting products to Taiwan, those fees are not a footnote. On a million dollars in annual transfers, a 4 percent FX markup means $40,000 gone before a single invoice is paid. For a company operating on thin trade margins, that loss can determine whether a deal is profitable at all.
We believed that technology had made it possible to do better — to build a payments infrastructure that offered businesses rates closer to the interbank market, tools to manage currency risk intelligently, and the speed and transparency that modern trade requires. That belief became B2M Asia.
In 2020, we were selected to participate in Taiwan Startup Stadium's Startup Gallery, an internationally recognized accelerator program that connected us with the Asia-Pacific business ecosystem and validated our focus on the cross-border trade corridors where we could make the greatest difference.
Since then, we have grown our platform, expanded our currency coverage, and deepened our compliance and technology infrastructure. We are listed on PitchBook and Tracxn as a funded fintech company, and we continue to invest heavily in the AI-driven tools and proprietary FX systems that set B2M Asia apart from both traditional banks and generic payment providers.
B2M Asia Inc. founded in Toronto, Ontario. Identified a critical gap in FX pricing for Canadian businesses trading with Asia. Selected for Taiwan Startup Stadium's Startup Gallery, establishing early connections across the Asia-Pacific ecosystem.
Launched our proprietary FX engine and first cross-border B2B payment product. Onboarded founding clients in the import and export sector, primarily businesses trading between Canada and mainland China. Registered as a Money Services Business (MSB) with FINTRAC.
Expanded currency coverage to include New Taiwan Dollar (TWD), Japanese Yen (JPY), South Korean Won (KRW), and Hong Kong Dollar (HKD). Launched our AI-driven FX hedging module, giving clients a tool to protect margins against currency volatility.
Released multi-currency account functionality, enabling clients to hold and manage balances in multiple currencies simultaneously. Launched our REST API and ERP integration layer for enterprise clients. Strengthened our compliance infrastructure with enhanced KYB and transaction monitoring systems.
Listed on PitchBook and Tracxn as a funded fintech company. Continued expansion of our Asia-Pacific merchant base and banking partner network. Ongoing investment in platform security, compliance technology, and AI-driven analytics.
From CNY and TWD to JPY, KRW, HKD, and beyond.
Compared to standard bank FX rates on equivalent transfers.
For most major Asia-Pacific currency corridors.
Over four years of building and refining our platform.
There are many ways to send money internationally. Here is why businesses trading across Asia choose B2M Asia.
Most payment companies are resellers of other banks' FX rates. B2M Asia has built its own FX engine. That means we are not marking up someone else's markup. Our rates come directly from our own system, and the savings go directly to our clients.
Currency risk is a real business risk for anyone trading internationally. Our AI hedging engine analyzes market conditions and your transaction patterns to recommend and execute hedging strategies that protect your margins — automatically and in real time.
We are not a generalist payments company that happens to support Asian currencies. Asia-Pacific is our entire focus. We have built specific knowledge of the regulatory frameworks, banking systems, and settlement processes in China, Taiwan, Japan, South Korea, and Hong Kong.
Consumer payment apps are designed for sending money to individuals. B2M Asia is designed specifically for businesses — for managing supplier payments, collecting from customers, handling multiple currencies simultaneously, and integrating with the ERP and accounting systems that businesses already use.
We show you exactly what rate you are getting and exactly what fee you are paying before you confirm any transaction. There are no hidden markups buried in the exchange rate, no surprise charges after settlement, and no ambiguity about what your transfer actually cost.
B2M Asia is a registered Money Services Business with FINTRAC. We maintain a full AML/KYB compliance program, sanctions screening on every transaction, and rigorous record-keeping. Our clients can trust that their cross-border transactions are handled by a regulated, compliant financial services provider.
B2M Asia serves small and mid-size businesses in Canada that have regular cross-border payment needs connected to trade with the Asia-Pacific region. Our clients typically fall into one or more of the following categories:
Canadian businesses purchasing goods from manufacturers and suppliers in China, Taiwan, South Korea, Japan, or Hong Kong and making regular supplier payments in local currencies.
Canadian businesses selling products or services into Asian markets and collecting payments in foreign currencies that need to be converted and repatriated efficiently.
Online retailers and marketplace sellers sourcing inventory from Asian suppliers and managing multi-currency payment flows across platforms and regions.
Companies purchasing raw materials, components, or finished goods from Asian supply chains and managing regular procurement payments across multiple currencies.
Businesses acting as distribution intermediaries between Asian manufacturers and Canadian or North American markets, managing payments in both directions.
Businesses trading agricultural products, natural resources, or commodities between Canada and Asian markets where FX rates directly affect deal profitability.
Our primary corridor. Deep liquidity and competitive rates for USD/CNY and CAD/CNY transfers.
Strong coverage for businesses trading with Taiwanese manufacturers and technology suppliers.
Reliable settlement for imports from Japanese manufacturers and exporters.
Growing corridor for electronics, automotive parts, and consumer goods trade.
Key hub for regional trade finance and connections to broader Greater China supply chains.
USD as a base and transit currency for multi-leg cross-border transactions.
Additional currencies available on request. Contact our team for corridor-specific rate enquiries.
We believe every business deserves to know exactly what their cross-border transfers cost. We show rates, fees, and settlement times clearly and upfront — before you commit to any transaction. No hidden markups. No surprises.
Fast payments should not mean less rigorous compliance or less competitive rates. We have built our technology to deliver both — settlement times that beat traditional banking channels without cutting corners on the controls that keep our clients and the financial system safe.
We measure our success by the savings our clients achieve and the growth their businesses experience. We are not a transaction processor that processes and forgets. We invest in understanding our clients' trade patterns and proactively help them optimize their FX strategy over time.
Compliance is not a box-ticking exercise at B2M Asia. We are a registered MSB with FINTRAC, and we maintain a comprehensive AML and KYB program because we believe that a well-regulated financial system protects everyone — our clients, our partners, and the communities we operate in.
Generalist payment companies treat Asia as just another region. We treat it as our entire reason for existing. That depth of focus translates into better rates on Asian corridors, better regulatory knowledge, and better client outcomes for businesses whose trade flows through the Asia-Pacific region.
The foreign exchange and cross-border payments landscape evolves constantly. We invest continuously in our technology, our AI hedging models, and our platform infrastructure to ensure that B2M Asia clients always have access to the best tools available — not legacy infrastructure that has not changed in a decade.
Regulation is the foundation of trust in financial services. B2M Asia operates under a clear and robust regulatory framework.
B2M Asia is registered as a Money Services Business with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), authorizing us to provide foreign exchange and cross-border money transfer services.
Our Anti-Money Laundering and Counter-Terrorist Financing program is designed and maintained in full compliance with the Proceeds of Crime (Money Laundering) and Terrorist Financing Act and associated FINTRAC regulations.
Every client and every transaction is screened against Canadian, US, UN, UK, and EU sanctions lists in real time. We maintain zero tolerance for transactions that violate applicable sanctions regimes.
Our platform uses AES-256 encryption at rest and TLS 1.2+ in transit. Multi-factor authentication is mandatory for all accounts. Regular third-party penetration testing and security audits are conducted.
B2M Asia is recognized and listed as a funded fintech company on both PitchBook and Tracxn, two of the world's leading platforms for tracking and validating technology companies and their funding.
In 2020, B2M Asia was selected as a participant in Taiwan Startup Stadium's Startup Gallery — an internationally recognized program that connected us with the Asia-Pacific startup and business ecosystem.
Open a business account today and find out how much your company can save on every cross-border transfer. Our onboarding team will guide you through every step.