Klickl, a regulated Web3 financial infrastructure company based in the UAE, has announced a strategic initiative with Tencent Cloud. This collaboration is designed to leverage Tencent Cloud’s extensive global cloud and application ecosystem to significantly enhance Klickl’s existing Web3 financial infrastructure. The partnership focuses on merging Tencent Cloud’s advanced technological solutions and renowned mini program ecosystem with Klickl’s regulated open-finance infrastructure to facilitate a new generation of digital finance.
Strategic Partnership: Klickl and Tencent Cloud are collaborating to strengthen Web3 financial infrastructure.
Super-App Integration: The goal is to embed compliant digital wallets and cross-border payment functionalities into super apps.
Core Technology: Integration utilizes Tencent Cloud's mini program ecosystem and technological solutions with Klickl's open-finance infrastructure.
Regulatory Foundation: The joint effort leverages Klickl's multi-jurisdictional licensing (ADGM/FSRA, EU VASP, US MSB) for compliant Web3 use cases.
Market Focus: Co-development efforts will be concentrated across the UAE and the broader MENA region.
Key Deliverables: The initiative includes joint solution design, sandbox pilots, and compliant digital-finance APIs for enterprise adoption.
This strategic engagement is centered on an upgrade to Klickl’s platform. By combining Tencent Cloud’s technological and mini program capabilities with Klickl's regulated open-finance framework, the collaboration aims to provide robust foundational services for the Web3 economy. This integration is crucial for building next-generation digital platforms that require embedded financial features.
A primary objective of the partnership is to enable enterprises and developers to easily integrate financial services into their applications, transforming them into "super apps." Specifically, the technical upgrade will allow for the seamless embedding of compliant digital wallets and sophisticated cross-border payment functionalities. This moves beyond traditional app architecture by making financial interaction a native, compliant feature within the super-app experience.
Leveraging the extensive global reach of Tencent Cloud's solutions, paired with Klickl’s comprehensive multi-jurisdictional licensing, positions the initiative for significant impact. Klickl's compliance coverage, including ADGM/FSRA, EU VASP, and US MSB, ensures that the co-developed Web3 use cases across the UAE and MENA region adhere to stringent regulatory standards. The focus is on offering compliant digital-finance APIs that allow enterprise clients to adopt blockchain-powered financial features within a secure, regulated environment.
The founders and executives of both companies highlighted the significance of the collaboration for the future of digital finance.
Michael Zhao, Founder and CEO of Klickl, said: “Our engagement with Tencent Cloud allows us to experiment with Klickl’s digital-finance capabilities through its mini app ecosystem solutions — creating real-world use cases where compliance and innovation can coexist. This is a great step forward in bringing the Web3 super-app experience into everyday life.”
Dan Hu, Vice President of Tencent Cloud International for the Middle East, said: “Through this collaboration, we hope to discover how cloud, data, and blockchain technologies can empower new financial service scenarios for super-app builders worldwide.”
The overarching ambition of this collaboration is to foster a new era of cross-border digital connectivity and promote inclusive access to financial services. Klickl and Tencent Cloud are working to define the next evolution of digital finance as a model that is open, compliant, and seamlessly integrated into the daily routines of millions of users globally.
Klickl is a regulated Web3 financial-infrastructure company headquartered in the UAE, providing compliant wallets, global accounts, card issuance, cross-border payments, and institutional custody across fiat and digital assets. With multi-jurisdictional licensing under ADGM/FSRA, EU VASP, and US MSB, Klickl serves as the “Operating System of Digital Finance,” connecting governments, enterprises, and users to the Web3 economy.
Tencent Cloud, one of the world’s leading cloud companies, is committed to creating innovative solutions to resolve real-world issues and enabling digital transformation for smart industries. Through its extensive global infrastructure, Tencent Cloud provides businesses across the globe with stable and secure industry-leading cloud products and services, leveraging technological advancements such as cloud computing, Big Data analytics, AI, IoT, and network security. It is Tencent Cloud’s constant mission to meet the needs of industries across the board, including gaming, media and entertainment, finance, healthcare, property, retail, travel, and transportation.