Designed for investment professionals launching and managing various investment vehicles, InvestXB offers customized financial solutions. It supports both investors and assets on a global scale.
PingPong’s Regulatory Milestone
In recognition of its growth, PingPong received approval from the Luxembourg Financial Regulator (CSSF) to change from a Payment Institution (PI) license to an Electronic Money Institution (EMI) license. This transition provides Passporting Rights, enabling operation across all European Economic Area countries under CSSF oversight.
Key Features of InvestXB
InvestXB streamlines the process of opening multi-currency accounts and onboarding investment vehicles with global investors and assets. It maintains strict compliance while offering a competitive edge in the market by supporting international Ultimate Beneficial Owners (UBOs).
This platform stands out as one of few non-banking institutions that enables global investment vehicles to establish Luxembourg-based multi-currency IBAN accounts, capable of handling up to 23 currencies. Such accounts can receive funds from over 200 countries and regions.
Speed is crucial for fund managers during the fundraising phase. Traditionally, bank account approvals may cause delays. InvestXB resolves this by opening new accounts within 24 hours, facilitating quick capital deployment and even allowing same-day openings of additional accounts.
Additional Recent Developments
In June 2025, PingPong broadened its global payment network to the United Arab Emirates (UAE) and Malaysia by obtaining licenses from local central banks. The platform supports cross-border B2B transactions via direct access to SEPA in Europe and FPS in the UK, with SWIFT integration as well.
It comes equipped with an onboarding suite that includes automated KYC and AI tools for streamlined customer deployment and reduced compliance risks. With these new licences, PingPong’s portfolio expanded to 60 global licenses, enhancing access to Asian and Middle Eastern markets.
