Obita Signs MOU with Nanjing International Trade Co., Ltd. to Support Global Expansion

NANJING, China, Sept. 23, 2026 /PRNewswire/ -- Obita HongKong Limited, part of global payment service provider Obita, signed a memorandum of understanding (MOU) with Nanjing International Trade Co., Ltd. ("Nanjing International Trade") at the 2026 Nanjing Golden Autumn Economic & Trade Fair. The parties intend to bring together Nanjing International Trade's international trade and overseas market resources with Obita's global payment capabilities to explore combining trade services with cross-border collections, payouts and fund operations support for businesses expanding overseas. Addressing the payment and treasury infrastructure needed for international expansion, Obita's Hong Kong General Manager, Beifang Ji, was also invited to speak at the fair as a representative of key participating enterprises.

Exploring Payment Collaboration Around Trade Needs

First held in 1990, the Nanjing Golden Autumn Economic & Trade Fair is a major economic and trade event with a history spanning more than three decades. The Nanjing Municipal Government describes it as one of the city's longest-running, largest and most influential international economic and trade exchange events. The fair has long served as a platform to showcase Nanjing's investment and business environment, bring together global industry resources, and foster government-business and interregional economic and trade cooperation.

Jointly established by Nanjing municipal state-owned enterprises and SUMEC, Nanjing International Trade is an important part of the city's "1+4+N" overseas expansion service framework. It undertakes work across the framework's four main service areas, helping connect Nanjing-based exporters and businesses expanding overseas with services to address their cross-border trade settlement needs, and coordinating related support.

Under the MOU, the parties will combine Nanjing International Trade's international trade and overseas market resources with Obita Mesh's global payment capabilities. Starting with Nanjing International Trade's overseas business needs, they will explore solutions for cross-border collections, payouts and multi-currency fund management. They will also share market information, connect business opportunities and collaborate on supply chain resources, exploring ways to coordinate trade services and payment support to provide more comprehensive assistance to foreign trade enterprises expanding overseas.

Planning Payment and Treasury Infrastructure for Overseas Growth

Speaking at the fair about payment and treasury support for overseas expansion, Beifang Ji, Hong Kong General Manager of Obita, noted that businesses entering emerging markets such as Southeast Asia, the Middle East and Africa need to navigate different currencies, payment channels and local rules. As their overseas operations develop, the effective connection of local collections and payouts, currency conversion, cross-border fund flows and fund management directly affects operational efficiency and business expansion.

He added that international expansion depends not only on market, product and distribution capabilities, but also on payment infrastructure that keeps pace with business growth. Planning cross-border collections, payouts and fund management in advance, while setting clear risk boundaries, helps businesses establish a stable and sustainable operating foundation across markets.

Based in Hong Kong, Obita connects with emerging markets. Addressing businesses' practical needs, Ji noted that Obita is bringing together payment channels across markets through Obita Mesh, its global open payment network, to provide a unified and efficient global payment experience. This supports businesses in managing global collections, cross-border payouts and multi-currency fund operations, while Obita continues to focus on the practical payment needs of businesses operating in emerging markets.

About Obita

Obita is a global payment service provider for businesses, focused on delivering reliable, trusted and efficient digital financial solutions that help enterprises manage global collections, cross-border payouts and related fund operations with greater ease.

Powered by financial technology, global payment infrastructure and Obita Mesh, Obita aims to improve cross-market payment efficiency, payment process stability and clarity in fund management, supporting businesses as they continue to expand globally.

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SOURCE Obita