Wonder Partners with Acorn to Enable T+0 Settlements for SMEs
An extended strategic partnership with private credit investor Acorn to improve cash flow for thousands of small and medium-sized businesses.
Wonder, a leading payments and fintech platform in Hong Kong and APAC, is delighted to announce the extension of its strategic partnership with Acorn Financial Services Company ("Acorn"), a renowned private credit investor in APAC, to enable T+0 settlements for SMEs. This partnership serves as the foundation for Wonder to empower thousands of small-to-medium sized businesses to improve their cash flows and streamline financial operations.
The partnership leverages Acorn's private credit expertise and Wonder's full-stack B2B fintech platform to improve cash flows for offline SMEs such as restaurants, bars and taxi drivers, where Wonder enables acceptance of more than 20 payment methods and pre-funds the merchant on a calendar day basis.
“The partnership with Acorn is a testament to our shared commitment to empowering underserved merchants and SMEs with innovative payment solutions and enhancing merchants' cash flow. Since our official T+0 launch in September 2023, Wonder has already processed several billions in T+0 gross merchandise volume and served over 5,000 T+0 merchants. Looking forward, we expect our T+0 merchant book to reach over 20,000 in the next two to three years.”
“As a trusted business partner of Wonder, it is a pleasure to see our remarkable achievements in the T+0 project. SMEs face numerous difficulties when applying for loans from banks, and T+0 allows them to receive their revenue on the same day of the sales. Acorn aims to further scale the successful T+0 program with Wonder to benefit even more merchants and SMEs in Hong Kong.”
About Acorn
Acorn is an investment company based in Hong Kong that spun off from a reputable Japanese online financial conglomerate's Hong Kong operations in 2024. Acorn's mission is to help small-to-medium sized businesses with easy-to-access working capital and cash flow, and it is actively exploring social impact investment opportunities across Hong Kong and Asia Pacific.
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 — 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.
