Remittance

MatchMove Introduces Cross-Border Remittance Platform for Businesses

MatchMove, a Singapore-based ‘Banking-as-a-Service’ platform, announced the launch of its new remittance platform called RemitSend to enable cost-efficient, cross-border Business to Business (B2B) remittances. By offering a Software-as-a-Service (SaaS) based subscription pricing model, MatchMove said it is able to help

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Singapore-Based Thunes Launches Cash Pickup Service With Ethiopian Bank

Singapore-based Thunes, a cross-border payment provider, has partnered with Lion International Bank (LIB) to launch a cash pickup service in Ethiopia. Presently, Thunes facilitates the transfer of remittances to Ethiopia via Hello Cash wallets and bank accounts. Through the partnership,

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TransferWise Announces Partnership with Aspire On the Back of Its US$ 5 Billion Valuation Spike

TransferWise announced today a new partnership with Singapore-based fintech Aspire, concurrent with news of its valuation jumping to US$ 5 billion. Aspire provides digital financial services such as credit lines, business accounts and corporate cards for small and medium-sized enterprises

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Looking to Send Money to Asia? Dos and Don’ts

Millions of people are looking for ways to send money to various parts of Asia including Singapore, India and China. In China alone, more than 50 million of its citizenry lives outside its borders, meaning hundreds of thousands occasionally need

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UnionBank Rolls Out 11,000 Cash Out Options Nationwide

UnionBank recently rolled out more cash-out options for customers via 11,000 remittance counters across the Philippines, including in rural areas where most of the unbanked and underserved population are located. Recognizing that sending funds to families and relatives living in

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Cross Border Payments Startup Wallex Technologies Receives Funding Ant Financial Backed Fund

Wallex Technologies, a fintech startup headquartered in Singapore focused on serving FX and cross border payment needs of SMEs, announced that it closed its Series A funding led by BAce Capital, SMDV and Skystar Capital. Existing investors also participated in

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B2B Forex Tech Provider Koku Targets Southeast’s Non-Bank Financial Institutions

COVID-19 continues to spread around the planet with now more than 7.3 million reported cases, including over 416,000 deaths, according to the latest data from the Johns Hopkins University. In Southeast Asia, Singapore has one of the highest infection tallies,

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Matchmove and KPMG Partner With Construction Firm to Facilitate E-Remittance for Migrant Workers

MatchMove,  a fintech offering a ‘Banking-as-a-Service’ platform and KPMG, today announced their partnership with the Expand Group, a leading homegrown building construction group with integrated civil engineering and construction support service capabilities, to facilitate Employer Assisted contactless e-remittance for foreign

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TransferWise Reaches £2 Billion Milestone in Their Multi Currency Account

TransferWise,  announced today that its customers are currently holding £2 billion in deposits in the multi-currency accounts. TransferWise’s account has seen rapid adoption year-on-year by millions of expats, travellers, freelancers and businesses across the world looking for a cheaper, faster,

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MyCash Introduces Remittance Services from Singapore to Bangladesh

MyCash Money Pte Ltd. has introduced wallet-to-wallet remittance services through the bKash Wallet from Singapore to Bangladesh. This  integration enables migrant workers in the isolation areas of Singapore to transfer real-time money directly to any bKash wallet account in Bangladesh

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