Micro Connect

aid: micro-connect
name: Micro Connect
description: Micro Connect (滴灌通) is a Hong Kong-founded financial market infrastructure group, established in 2021 by Charles
  Li (former CEO of Hong Kong Exchanges and Clearing) and Gary Zhang, that turns the daily revenue of micro, small and medium
  businesses into a standardised, tradable asset class. Its Daily Revenue Obligation (DRO) and revenue-based financing contracts
  are listed, cleared and settled on the Micro Connect (Macao) Financial Assets Exchange (MCEX) — a financial institution
  approved by Macao executive order Ordem Executiva n.º 47/2022 and regulated by the Monetary Authority of Macao, and wholly
  owned by Micro Connect Group. The group runs several operator-facing web platforms on its own SaaS stack — the Micro Connect
  Open Platform (open.microconnect.com) for brand and merchant data onboarding, the M-Terminal investor terminal (mt.microconnect.com),
  and the store/merchant consoles — all served from a single API gateway at api.mcisaas.com and authenticated by a Keycloak
  identity provider at kc.mcisaas.com. No public developer program, API reference or machine-readable API contract is published;
  the integration surface is reachable only after enterprise account registration and login.
deliveryModel:
  model: saas
  open_source: false
  commercial: true
  callable_host: false
  label: Hosted service · you call their endpoint
  confidence: medium
  source:
  - pricing
  generated: '2026-08-28'
  method: derived
image: https://www.microconnect.com/images/logo-dark.png
url: https://raw.githubusercontent.com/api-evangelist/micro-connect/refs/heads/main/apis.yml
x-type: company
x-source: harvest:secondary-market
specificationVersion: '0.20'
created: '2026-08-25'
modified: '2026-08-25'
tags:
- Company
- Financial-Services
- Capital Markets
- Exchanges
- Revenue-Based Financing
- Fintech
- Investing
- Small Business
- Hong Kong
- Macao
- China
tags_raw:
- Company
- Financial Services
- Capital Markets
- Exchanges
- Revenue Based Financing
- Fintech
- Investing
- Small Business
- Hong Kong
- Macao
- China
apis:
- aid: micro-connect-open-platform
  name: Micro Connect Open Platform API
  description: The private HTTP API behind the Micro Connect Open Platform (滴灌通开放平台), the enterprise console brands and merchants
    use to register, submit daily revenue and order detail reports, review data, manage authorisation files and export settlement
    data. The console is a browser SPA served from open.microconnect.com; every request it makes goes to the Apache ShenYu
    gateway at api.mcisaas.com under the /api prefix and is bearer-authenticated against the Keycloak realm numa-realm at
    kc.mcisaas.com. Micro Connect publishes no OpenAPI, no reference documentation and no developer portal for this surface
    — it is reachable only after enterprise account registration and login.
  humanURL: https://open.microconnect.com/
  baseURL: https://api.mcisaas.com/api
  tags:
  - Revenue Reporting
  - Merchant Onboarding
  - Settlement
  properties:
  - type: Authentication
    url: authentication/micro-connect-authentication.yml
  - type: OAuthScopes
    url: scopes/micro-connect-scopes.yml
  - type: ErrorCatalog
    url: errors/micro-connect-problem-types.yml
  - type: Conventions
    url: conventions/micro-connect-conventions.yml
maintainers:
- FN: Kin Lane
  email: kin@apievangelist.com
- FN: APIs.json
  email: info@apis.io
common:
- type: Website
  url: https://www.microconnect.com/
- type: Blog
  url: https://www.microconnect.com/news
- type: BlogRSS
  url: https://www.microconnect.com/rss.xml
- type: Support
  url: https://www.microconnect.com/contact
- type: Pricing
  url: https://mcex.mo/en/guide/market/fee
- type: WellKnown
  url: well-known/micro-connect-well-known.yml
- type: Authentication
  url: authentication/micro-connect-authentication.yml
- type: OAuthScopes
  url: scopes/micro-connect-scopes.yml
- type: Conformance
  url: conformance/micro-connect-conformance.yml
- type: Compliance
  url: conformance/micro-connect-conformance.yml
- type: DomainSecurity
  url: security/micro-connect-domain-security.yml
- type: Lifecycle
  url: lifecycle/micro-connect-lifecycle.yml
- type: Conventions
  url: conventions/micro-connect-conventions.yml
- type: ErrorCatalog
  url: errors/micro-connect-problem-types.yml
- type: Packages
  url: packages/micro-connect-packages.yml
- type: Plans
  url: plans/micro-connect-plans-pricing.yml
- type: RateLimits
  url: rate-limits/micro-connect-rate-limits.yml
- type: LLMsTxt
  url: llms/micro-connect-llms.txt
x-enrichment:
  date: '2026-08-25'
  status: minimal
  artifacts_added: 15
  pass: local-v1
x-coverage:
  state: gated
  reason: partner-login
  detail: Micro Connect's only API surface is the Open Platform (滴灌通开放平台) at open.microconnect.com, an enterprise console
    whose SPA calls an Apache ShenYu gateway at api.mcisaas.com behind a Keycloak login (realm numa-realm, client web-mcc-open-platform);
    there is no developer portal, no API reference and no spec at any path on any host, and the console's origin open.microconnect.cn
    has served an expired TLS certificate since 2024-11-27.
  evidence:
  - url: https://open.microconnect.com/
    status: 301
  - url: https://kc.mcisaas.com/auth/realms/numa-realm/.well-known/openid-configuration
    status: 200
  - url: https://www.microconnect.com/openapi.json
    status: 404
  - url: https://api.mcisaas.com/v3/api-docs
    status: 200
  - url: https://mcex.mo/.well-known/agent-card.json
    status: 404
  checked: '2026-08-25'