What is CoralGlobal? CoralGlobal Review

Basic Introduction

The company is headquartered in China (Hangzhou) Cross-border E-commerce Comprehensive Pilot Zone, and has branches in Hong Kong, Singapore, the Netherlands, New York, Japan, Australia, South Africa, and Thailand. CoralGlobal is a key service enterprise for cross-border e-commerce in Zhejiang Province, a key enterprise in China (Hangzhou) Cross-border E-commerce Comprehensive Pilot Zone, and also an overseas service network of China (Hangzhou) Cross-border E-commerce Comprehensive Pilot Zone, an excellent innovative service project of e-global cross-border e-commerce, a star enterprise of the "E-global" project, and won the gold medal of the 2019 E-commerce Wulin Conference.

Serve

CoralGlobal has reached cooperation with many e-commerce platforms around the world, supporting multi-currency fund settlement such as Singapore Dollar (SGD), US Dollar (USD), Chinese Yuan (CNY), Euro (EUR), Japanese Yen (JPY), Hong Kong Dollar (HKD), Australian Dollar (AUD), British Pound (GBP), etc. In addition to directly serving many international e-commerce platforms such as eBay, Wish, AliExpress, Qutian.com, Eleventh Street, Dunhuang.com, etc., CoralGlobal also fully supports the settlement and withdrawal of cross-border independent stations, including supporting self-built websites and mainstream website building platforms such as Shopify, and supporting payment tools such as Paypal, Stripe, Paymentwall, Alipay, etc.

Business system

CoralGlobal's five major business systems include global acquiring, import settlement, export settlement, supply chain finance, logistics and overseas warehouse services.

1. Global acquiring: CoralGlobal provides professional one-stop solutions for cross-border acquiring, and meets the localized needs of cross-border commerce by developing differentiated products and services around the world;

2. Import settlement: CoralGlobal has created a global digital settlement platform for purchase and payment, providing automated and digital cross-border purchase and payment solutions for service trade companies such as import goods trade and overseas consumption;

3. Export settlement: CoralGlobal provides global fund settlement for cross-border export e-commerce/independent station enterprises, as well as service trade participants such as advertising. It has multiple service advantages to help export trade enterprises go overseas without worries;

4. Supply chain finance: intelligent service solutions. CoralGlobal relies on AI intelligent risk control capabilities to provide loan financing services for cross-border small and medium-sized trading companies to solve the problems of long settlement cycles and high financing costs for companies;

5. Logistics and overseas warehouse services: CoralGlobal launches cross-border logistics and warehousing solutions to provide one-stop cross-border logistics and warehousing services for export e-commerce companies.

Product Advantages

1. Safety and Compliance

Bank-level risk control system realizes a closed loop of safe capital circulation.

2. Efficient and Transparent

Supports extremely fast account arrival and real-time exchange rate with zero exchange loss.

3. Comprehensive and convenient

Supports access to multiple e-commerce platforms and multi-currency fund settlement.

4. Professionalism

The customer service team provides attentive service and solves problems anytime and anywhere.

Registration Process

1. Register a CoralGlobal account

2. Open and bind a bank account

3. Settlement to bank account

Development History

In December 2018, Coralglobal, a cross-border funds settlement service platform, announced the completion of a Pre-A round of financing of tens of millions of yuan, led by Huaou Venture Capital. Hangzhou Venture Capital Guidance Fund (Hangzhou High-tech Investment) also participated in this round of financing.

In August 2019, CoralGlobal won the gold medal in the final of the 2019 4th E-commerce Martial Arts Conference with its own strength.

In September 2019, CoralGlobal Shenzhen office officially opened.

In March 2020, the "2019 E-Lan Global Cross-border E-commerce Excellent Innovation Service Project" organized by the China (Hangzhou) Cross-border E-commerce Comprehensive Pilot Zone released the selection results. CoralGlobal, a product of Hangzhou Mumin Network Technology Co., Ltd., won the "2019 E-Lan Global Cross-border E-commerce Excellent Innovation Service Project-Financial Services" award.

References

• 1. Cross-border settlement platform Coralglobal completes financing of tens of millions of yuan: Yibang Power [reference date 2018-12-12T16:00:00.000Z]