“Can a multi-currency business account for Asia-based SMBs be expanded into a full digital back office (Accounting + Banking + Corporate Services) and out-compete both incumbent banks and Airwallex/Wise?”
Founded in 2020 in Hong Kong by Bertrand Théaud, a lawyer-turned-entrepreneur frustrated with the difficulty SMBs face opening business accounts in Asia. Started as a multi-currency business account / payments service for Hong Kong SMBs, then expanded to Singapore under an MAS Major Payment Institution licence. Has since broadened from pure payments into an 'ABC' (Accounting, Business Account, Corporate Services) back-office bundle — moving from a single-product fintech toward a vertically integrated SMB admin platform serving cross-border entrepreneurs in Asia.
Statrys discloses Statrys Limited (in-house, HK MSO) / Statrys Singapore Pte. Ltd. (in-house, MAS MPI) as its banking provider, according to the Embedded Finance Index 2026.
Statrys does not disclose a bank charter of its own; its banking services are provided through Statrys Limited (in-house, HK MSO) / Statrys Singapore Pte. Ltd. (in-house, MAS MPI).
Statrys processes payments through Statrys multi-currency business account (self-operated, HK MSO) and Statrys Singapore (self-operated, MAS MPI). Disclosed money-movement rails: SWIFT.
Statrys's cards are issued through Sunrate Solutions Limited (third-party, HK MSO).
Statrys uses Statrys (in-house FX) for FX and cross-border payouts.
Statrys integrates with Xero.
The Embedded Finance Index 2026 maps 6 layers in Statrys's stack: Payments / PSP (Statrys multi-currency business account (self-operated, HK MSO) and Statrys Singapore (self-operated, MAS MPI)); Money movement (SWIFT); Banking / BaaS (Statrys Limited (in-house, HK MSO) / Statrys Singapore Pte. Ltd. (in-house, MAS MPI)); Card issuing (Sunrate Solutions Limited (third-party, HK MSO)); FX & payouts (Statrys (in-house FX)); Accounting (Xero).
Statrys was founded by Bertrand Théaud and is founded in 2020, headquartered in Hong Kong.
Get a read on where your own stack stands against Statrys and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.