Tagged: migrant workers

eRemit Singapore, a Digital Remittance Platform, Partners Hong Leong Assurance Singapore to Offer Migrant Worker Insurance Package

eRemit Singapore, a digital remittance service platform that’s supported by Merchantrade Asia and QALA Tech, has teamed up with Hong Leong Assurance Singapore (HLAS) in order to provide a new insurance scheme for migrant workers based in Singapore. The eRemit Singapore’s Salary Protector Scheme has… Read More

MicroWorkers Integrates with Ontology’s ONTO Digital Wallet to Facilitate Additional Payment Options for Workers

MicroWorkers has integrated Ontology’s ONTO wallet in order to facilitate additional payment options for workers. MicroWorkers’ integration of ONTO wallet completes the latest phase in their joint venture with the Ontology development team. Through the partnership, MicroWorkers plans to continue to promote users’ access to… Read More

Cross-Border Payments Remain Inefficient with $48 Billion Lost in Fees Each Year, but Bitcoin (BTC) Might Solve Problem, According to OpenNode

Bitcoin (BTC), the world’s leading cryptocurrency, could potentially solve the global remittances problem, according to OpenNode, which focuses on supporting payments for businesses throughout the world. As explained by the OpenNode team, they aim to “empower” consumers and connect the world via “trusted” digital payment… Read More

Fintech Investments: Dubai International Financial Center to Provide Funding to FlexxPay, Go Rise, Sarwa, NOW Money

  The Dubai International Financial Centre (DIFC), an organization that connects the MENA and Southeast Asia region’s markets with the economies of Europe, Asia, and the Americas, has made strategic investments in four Fintech companies. According to a press release, the DIFC has invested in… Read More

Digital Banking: Rewire, a Payments Platform for Migrant Workers, Performs Updates Following COVID-19 Outbreak

Rewire, an international banking service provider for migrant workers, recently revealed that it’s making updates to its platform, following the Coronavirus (COVID-19) outbreak. Rewire, which is focused on developing a virtual bank for the migrant workforce, is now offering free digital and physical Mastercards and… Read More

Padmini Gupta’s Dubai-based Fintech Firm Rise, which Helps Low Income Migrant Workers, Secures New Investments

Dubai-headquartered Fintech firm Rise has secured funding via an investment round led by Middle East Venture Partners (MEVP). The round was carried out through a partnership with Dubai International Financial Centre (DIFC) Fintech Fund, 500 Startups, Khwarizmi Ventures and Phoenician Funds. The amount invested has… Read More

Malaysia’s OneCENT Mobile Fintech Platform to Help Businesses Transition to Cashless Digital Transactions

TFP Solutions Bhd, a provider of business productivity solutions and services for large enterprises, is planning to market the OneCENT mobile-based Fintech platform to local consumers in Malaysia after the Movement Control Order (MCO) has been lifted. Datuk Hussian A Rahman, managing director and board… Read More

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