DeeMoney’s $5 Billion Lesson: Trust, Not Technology, Moves Money
· 50-word read
In 50 words
Thailand-based fintech DeeMoney says processing more than $5 billion in cross-border payments has revealed a fundamental lesson: technology alone cannot make international transfers work. CEO and Co-founder Aswin Phlaphongphanich says successful payment networks depend equally on technology, compliance, liquidity and customer trust.
Why it matters
Cross-border payments may appear instant to customers, but behind each transaction are local banking networks, foreign-exchange management, regulatory checks, sanctions screening and pre-funded liquidity. DeeMoney argues that failure in any one component can undermine the entire payment system. Key Insight: At Techsauce Global Summit 2026, Aswin summarized DeeMoney’s approach with the formula Technology × Compliance × Liquidity × Trust. The company says fintechs ultimately compete not just on transaction speed or fees, but on giving customers certainty that their money will arrive safely.
What's next
DeeMoney expects stablecoins and deposit-based tokens to potentially reduce the heavy liquidity requirements of cross-border payments, subject to regulation and central-bank approval. It also sees AI agents eventually initiating financial transactions for users, shifting the industry toward what it describes as “machine trust.”
Key dates
- Past decade: DeeMoney builds its cross-border network
- $5B+: cumulative payment volume processed
- Sep 2026: Aswin presents the lessons at Techsauce Global Summit
- Next: Stablecoins, tokenised settlement and AI-driven payments could reshape cross-border finance.
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Sources
- nationthailand.comView original →
