Remittance

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PayPal, MoneyGram looking to raise stake in Indian remittance market

Online payments firms PayPal and MoneyGram are planning to raise their share in the remittance market in India, according to media reports.

Corporate

Singapore-based InstaReM to power real-time remittances for SBI Cosmoney, SBI Remit

Customers of SBI Remit and SBI Cosmoney will now be able to make real-time cross-border payments across selected markets.

SMEs

India retains top position of world’s largest recipient of remittances

Indian diaspora spread worldwide has created another record by sending a whopping USD79 billion (SGD106.89 billion) as remittances back home...

Global

Singapore-based InstaRem announces close of USD41 million Series C funding round

InstaReM, a Southeast Asia-based digital cross-border payments company, has announced the close of its SGD55.4 million (USD41 million)...

Corporate