Remittance

Remtech Providers In Asia You Need To Know

Remtech, the contraction of the words remittance and technology, refers to the use of digital channels and platforms for international money transfers. The increase in use of mobile phones and technology is providing an avenue for fintech developments in remittance.

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TransferWise Chooses Singapore as APAC Hub; Launches Service in the City-State

TransferWise, Europe’s leading money transfer service, is launching in Singapore where it is working with DBS Bank. The company has chosen the city-state as its Asia Pacific (APAC) hub and expects to have 30 employees by the end of 2017,

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Azimo Updates Remit Service, Adding Instant Bank Transfers to Existing Lightning-Fast Philippines Service

Azimo, the digital money transfer service operating in Europe, announced a complete overhaul of money transfer services to the Philippines, with a lightning fast instant service via bank transfer. BDO Remit, the remittance service of the Philippines’ largest bank BDO

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Bitcoin Remittances Book Highlights Growing Traction in Asia

Remittances has long been recognized as one of Bitcoin’s most obvious use cases. Sending money from one Bitcoin wallet to another is about as easy as sending an email. The impact on the 230 million migrants sending $430 billion in

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Fintech Startup SingX Launches Cheaper, Faster Online Remittance Platform

Singapore financial technology start-up SingX Pte Ltd has launched a cheaper, faster and more convenient online remittance platform, which charges consumers a fraction of what they typically pay for overseas money transfers. Backed by some of the region’s most experienced

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The Truth About Bitcoin Remittances

We are about 7 years into Bitcoin and ‘the Blockchain’ now and its time we evaluated where we are in terms of remittances, what works and what doesnt. As a founder of Bitspark we know a thing or two about

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Blockchain Remittance Platforms Enters Vietnam

OKLink, a next generation global settlement platform, announced today the launch of real-time transfers to Vietnam. Companies on the OKLink network can now transfer up to US$10,000 per transaction to a Vietnam bank account, cash pickup, or mobile wallet for

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The Philippines is Now Connected to Stellar

Today, you can send money to anyone in the Philippines over the Stellar network–for “free”. In your favorite Stellar wallet you can create a payment to [any phone number in the Philippines]*coins.asia with the amount of Filipino pesos you want

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FlexM Raised SGD 1.25 Million – Complete Mobile Solution For Financial Inclusion, Remittance and Electronic Payroll In Southeast Asia

With a mission to bank the unbanked and under-banked populations, the fintech company FlexM has successfully raised first round seed funding of SGD 1.25 Million. FlexM is quickly addressing the salary, payment and remittance needs of migrant and foreign domestic

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Florin Awards Asia 2016 Announces Winners of Startup Competition

The Florin Awards, a startup competition by the Global Payment Summit conference, has announced the four winning startups for the year 2016. This time, there were two Florins to be won in “jury votes” and “community votes” in two categories:

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