Wonder
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Funding2 February 2026

Wonder Raises USD 12 Million Venture Debt from HSBC Innovation Banking to Drive Growth and Expansion

A multi-year debt capital commitment supporting Wonder's Asia Pacific growth, T+0 instant settlement and product development.

Wonder Raises USD 12 Million Venture Debt from HSBC Innovation Banking to Drive Growth and Expansion

Hong Kong, China, 2 February 2026 – Wonder, a leading fintech and payments platform for merchants in Hong Kong and Asia Pacific, today announced it has raised a USD 12 million venture debt from HSBC Innovation Banking in Hong Kong. This multi-year debt capital commitment will support Wonder's business growth across the Asia Pacific region, T+0 instant settlement, and product development.

Wonder and HSBC Innovation Banking

The venture debt will provide Wonder with growth capital to scale its operations while continuing to innovate its full-stack omnichannel payments platform, serving a broad spectrum of industries including SMEs, insurers, telecommunication companies, multinational corporations, consumer retailers, transportation providers, and the public sector.

β€œWe are thrilled to announce our USD 12 million venture debt from HSBC. This funding will accelerate our expansion across the Asia Pacific, enabling us to bring enterprise-grade payment and fintech products to businesses of all sizes. We remain committed to innovation and empowering businesses to thrive in a digital economy, particularly with enabling SMEs to access T+0 instant settlements and improve cash flow efficiencies across the Asia Pacific region.”

β€” Jason Ngan, Founder and CEO of Wonder

β€œWe are pleased to support pioneering fintech innovators like Wonder. By leveraging our specialist expertise and comprehensive financial solutions, HSBC Innovation Banking empowers Wonder to deliver an innovative platform for businesses of all sizes to streamline payment management. This transaction underscores our commitment to addressing the unique financial needs of high-growth, tech-led businesses.”

β€” Jonathan Yip, Head of Innovation Banking, Asia, HSBC

Over the past year, the company has significantly expanded its gross payment volume, merchant base, industry verticals and product suite. Going forward, Wonder has set its sights on becoming a fintech and payments powerhouse in the Asia Pacific region, covering key markets beyond Hong Kong including Singapore, Australia, New Zealand, Malaysia, Japan, Taiwan and Macau.

About Wonder

Wonder is a leading payments and FinTech platform for merchants in Hong Kong and Asia Pacific, enabling any merchant, from micro-businesses to multinational enterprises, to pay and get paid effortlessly.

Wonder is Hong Kong's first full-stack omnichannel payments platform, allowing merchants to complete KYC onboarding digitally in minutes, open an account, accept payments, pay digitally, and manage transactions β€” all from a single platform. Key products include Wonder App, Wonder Terminal, Wonder Dashboard, Wonder Card and Wonder Taxi. Beyond its full-stack suite, Wonder pioneered instant payment settlement (T+0) in Hong Kong and continues to expand access to digital financial services through innovation and strategic partnerships.

Headquartered in Hong Kong, Wonder completed a Series A funding round led by Hong Kong Telecom (HKT) and a venture debt facility with HSBC Innovation Banking. Wonder has offices in Hong Kong, Japan, Taiwan, Singapore, Malaysia and Mainland China.