Tag "TransferWise"
TransferWise Customers in SG Can Now Receive Money Using Just Their Mobile Number
TransferWise announced today that they have become the first international money transfer service to allow Singapore customers to receive money using just a mobile number. For Singaporeans with a PayNow profile, receiving international transfers can be done by providing just their
Read More5 Service Providers and Tools for Singapore Fintech Startups
Fintechs need fintechs. In order to embed a tech company within high functioning infrastructure, it’s going to be dependent on some other services. This is good news because it saves time, money and can increase the efficiency of operations and
Read MoreTransferWise Wants to Give Away its $150,000 Prize Money to Singaporeans
Fresh off being crowned 1st place at Singapore Fintech Festival’s Fintech Awards under the global category, TransferWise announced today it will give away that money to Singaporean individuals and small businesses hit by hidden bank fees at home and abroad. According
Read More4xLabs’ 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
Read MoreTransferWise Bids Farewell to Head of Asia-Pacific Expansion, Lukas May
TransferWise is a London-headquartered international money transfer company, and it has built quite a name for itself in Singapore’s island nation in parts thanks to the efforts of its head of Asia-Pacific expansion, Lukas May. Lukas May has since resigned
Read More12 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
Read MoreSingaporeans Crave A Digital Nomad Life, But Worry If They Can Migrate Overseas
A new study revealed that 7 in 10 Singaporeans (69%) want to work remotely to travel the world. This is especially true of younger Singaporeans, where up to 74% of 15–34-year-olds have the same dream. However, they aren’t sure about which countries
Read MoreThe Future Of Remittance
What does the future in Remittance look like? Transferwise asked more than 1,000 Singaporeans and they said … 55% believe sending money abroad will one day be instant. 46% believe sending money abroad will one day be free. 52% believe a product will exist to allow
Read MoreWhat to Expect with International Money Transfers in 2018?
A report on CNBC indicated that TransferWise generated substantial revenues for the year ending March 31, 2017, and it was targeting precisely the same performance for the year ending March 31, 2018. The chief financial officer of TransferWise, Matt Briers
Read MoreTop 10 Money Transfer Apps in Asia
For many developing countries in the world, remittances play a key role in their economies, contributing to economic growth and to the livelihoods of those nations. In 2016, more than US$440 billion went to developing countries that involved 250 million
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