Founded in 2014, InstaReM is a Singapore-headquartered cross-border payments company and is licensed as a Money Services Business (MSB) in Singapore, Hong Kong, Australia and Canada. InstaReM has created a unique payment mesh in Asia, which is being leveraged by financial institutions, SMEs and individuals to make fast and low-cost cross-border payments to more than 50 countries across the globe.
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Discussion
Fintastico Team
1 day
https://www.crowdfundinsider.com/2019/03/145521...
Fintech InstaReM Closes on $41 Million Series C
InstaReM, a payments platform operating in over 50 countries, has closed on a USD $ 41 million Series C funding round led by Vertex Growth Fund, their first investment in Southeast Asia. James Lee, MD of Vertex Growth Fund, will be joining the Board of
Fintastico Team
1 month
https://www.finextra.com/pressarticle/77300/bre...
Brexit dents remittance market
Research conducted by digital cross-border payment provider InstaReM reveals that 44% of UK migrants are now sending less money ‘home’ as a result of Brexit chaos and a drop in value of sterling.
Fintastico Team
1 month, 2 weeks
https://www.finextra.com/pressarticle/77155/ins...
InstaRem joins Visa fintech fast track programme
InstaReM today announced that it is joining the global payments technology major Visa’s Fintech fast-track program in the Asia-Pacific region
Fintastico Team
2 months, 2 weeks
https://www.finextra.com/pressarticle/76795/ins...
InstaRem enables business users to make multi-currency payments in one go
InstaReM, Southeast Asia’s leading money transfer service, has introduced a new feature to its money transfer platform that enables Small & Medium Business (SMB) users to make payments in multiple currencies in one go.
Fintastico Team
2 months, 3 weeks
https://www.finextra.com/pressarticle/76775/sou...
South Korea's Coinone makes Ripples in cross-border remittance markets
This month Coinone Transfer, a payments business and a subsidiary of Coinone, introduced South Korea’s first blockchain-powered remittance mobile app and web service called Cross — offering faster, lower cost payments to Thailand and the Philippines.
Fintastico Team
3 months
https://www.crowdfundinsider.com/2018/12/142534...
Payments Fintech InstaReM Improves Service for SMEs
InstaReM says it is introducing a new feature to its money transfer platform that improves payments from SMEs. The company states that users in Southeast Asia making regular overseas payments to vendors, suppliers, and service providers, can now do so more quickly, transparently and at
Fintastico Team
4 months, 1 week
https://www.pymnts.com/news/b2b-payments/2018/s...
Singapore FinTechs Merge for Supply Chain Tool | PYMNTS.com
Two Singapore-based FinTechs are combining their services to create a unified supply chain financing tool. Reports in Vulcan Post on Thursday (Nov. 8) said that eProcurement platform SESAMi and alternative and invoice financing firm Capital Match are merging their companies to roll out a “fully integrated supply chain financing solution to corporates and their suppliers,” […]
Fintastico Team
5 months, 1 week
https://www.crowdfundinsider.com/2018/10/139987...
Starling Bank Expands White Label 'Banking as a Service' and Payment Service Offer
Digital only challenger bank Starling is expanding its 'Banking-as-a-Service' and Payment Services offer. These are two white label banking services offered in the UK allowing other entities to provide retail banking services and make payments. Current clients include Ditto, Raisin UK, and the Department for Work
Fintastico Team
5 months, 1 week
https://www.finextra.com/pressarticle/75809/sta...
Starling names new clients for banking-as-a-service offering
Starling, the leading digital bank, is expanding its Banking-as-a-Service and Payment Services offer, bringing white label banking services to the UK and enabling other organisations to offer retail banking and make payments.
Fintastico Team
5 months, 1 week
http://news.google.com/news/url?sa=t&fd=R&ct2=u...
Fintastico Team
5 months, 3 weeks
https://www.finextra.com/pressarticle/75588/dig...
Digital remittance helps Kerala flood victims
Southeast Asia’s leading digital money transfer company, InstaReM, said that it has facilitated zero-fees international money transfers of nearly US$ 2,000,000 to the southern Indian state of Kerala, which experienced devastating floods last month.
Fintastico Team
6 months
https://www.ccn.com/ripple-surges-by-36-in-48-h...
Ripple Surges by 36% in 48 Hours as Crypto Market Adds $2 Billion
Major cryptocurrencies in the global market including Bitcoin and EOS increased by 2 to 5 percent, as Ripple led the market with a solid 10 percent gain.
Fintastico Team
6 months
https://www.finextra.com/pressarticle/75508/rip...
RippleNet now live in over 40 countries
Ripple, provider of the leading enterprise blockchain solutions for payments, announced today that its network (RippleNet) is now live in over 40 countries across six continents.
Fintastico Team
7 months, 1 week
http://news.google.com/news/url?sa=t&fd=R&ct2=u...
Fintastico Team
7 months, 1 week
https://www.pymnts.com/news/international/2018/...
Singapore Provides Springboard for FinTechs | PYMNTS.com
Singapore’s FinTech scene is booming: Funding for the burgeoning sector in the island country topped nearly a billion dollars in 2017, reaching $983.6 million that year. Hong Kong, by comparison, saw $596.8 million in funding for FinTechs at the time. Singapore overtook Hong Kong in FinTech funding in 2016. In that year, Singapore pulled ahead […]
Fintastico Team
7 months, 1 week
https://www.crowdfundinsider.com/2018/08/137655...
InstaReM Appoints Nilesh Pathak As New Chief Technology Officer
InstaReM, a Southeast Asia’s digital cross-border money transfer service provider, announced on Friday it has appointed Nilesh Pathak as its new Chief Technology Officer. Pathak will reportedly lead the company's technology team, divided between India and Lithuania, driving the firm’s technology strategy, architecture, development as
Fintastico Team
7 months, 1 week
https://www.finextra.com/pressarticle/75047/ins...
InstaReM names Nilesh Pathak CTO
InstaReM, Southeast Asia’s leading cross-border payments company, has announced the appointment of veteran technologist Nilesh Pathak as its Chief Technology Officer (CTO).
Fintastico Team
7 months, 3 weeks
https://thefintechtimes.com/start-ups-to-change...
Startups to Change the World: Prajit Nanu, CEO & Co-Founder at InstaReM | The Fintech Times
InstaReM is a global cross border money transfer company that endeavors to provide our clients with complete transparency, low fees, and margin free FX rates. Banks charge their clients high fees, with wide margins and uncertainty as to how much the beneficiary will receive when they want to move money from one country to another. Worse than that, they hide the true costs, so their clients aren’t aware that they’re being overcharged. We’re changing that. We’re one of Asia’s largest cross-border money transfer (remittance) provider for businesses and individuals. We started in South East Asia three years ago and now we’re Asia’s only global fintech, with a presence in over ten markets. We’re now moving into Europe and North/South America as well.