Tag "InstaRem"

7 Things You Need to Know About Singapore’s Digital Banking Licenses

Following the announcement and issuing of Hong Kong’s virtual banking license, Singapore has announced their intentions to launch the same; to allow entities without banking parentage to conduct banking activities. Digital banks generally refers to banking entities that operate without

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4xLabs’ New Platform Lets You Compare Prices of Overseas Money Transfer Services

Following the launch of Get4x, a price discovery platform for currency exchange, a Singapore-based fintech named 4xLabs has just launched a comparison platform which puts different money transfer solutions neck and neck to help users select cheaper or quicker transfers—particularly

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InstaReM to Power Cross-Border Payments of Major Thai Bank

InstaReM, a digital cross–border money transfer company, has announced that it will now power cross–border payments for the clients of KASIKORNBANK (KBank), one of Thailand’s leading banking group. Announcing InstaReM’s partnership with KBank, Prajit Nanu, co–founder and CEO of InstaReM

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InstaReM Closes Series C Round, Bringing its Total Funding to US$ 59 Million

Singapore-based InstaReM, a digital cross-border payments company, announced the close of a US$41 million Series C funding round. The company pulled in an additional US$20 million round led by Singapore-based Vertex Growth Fund (VGF), supported by first-time investor Atinum Investment,

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10 of The Top Funded Fintechs in Singapore

Depending on whether you count Grab (and that can be a contentious argument), Singapore has yet to produce a homegrown unicorn operating in fintech: but all signs point to one emerging in the future. Singapore only has Hong Kong as

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Remmitance Player InstaReM Adds Multi-Currency Features for SMEs

Fresh out of their recent funding round of $US 20 Million, Singapore based remittance player announced the introduction of a new feature on its platform. This new service enables small business to make payments in multiple currencies in one go.

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Eyeing IPO in 2021, Instarem Raises US$20 M in Series C Round

InstaReM, a digital cross-border payments company headquartered in Singapore, secured a first close of more than US$ 20 million led by new investors MDI Ventures (the VC arm of Indonesia’s Telkom), and Beacon Venture Capital (the VC arm of Thailand’s

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6 Proudly Singaporean Companies in KPMG’s Fintech100 This Year

The 5th iteration of KPMG’s annual Fintech 100 list has come out recently, in a bid to highlight dynamic fintechs from around the world that are doing something right in the financial services industry, be it digital payments, lending, insurtech,

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12 Essential Fintech Tools For Expats and Travellers Heading To Singapore

There have already been think pieces about how fintech could help boost tourism by reducing cash dependence, and increasing security and ease of use. Many tourists to China, for example, seem to be awed by the prevalent use of e-wallets

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Top 15 Most Well-Funded Southeast Asian Fintech Companies

The financial services industry in Southeast Asia is rapidly evolving as a result of disruption from new-age fintech companies. The rapid adoption of fintech innovation in the region has been fueled by the rapidly expanding expanding economies, young-urban-digitally-savvy population, increasing

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