InstaReM Launches Outward Remittances from India in Partnership with DCB Bank

[Press Release] InstaReM to offer abroad cash exchanges at mid-advertise FX rates with positively no edges added to forex change rates Mumbai 3 April, 2018: InstaReM, Southeast Asia’s driving computerized cross-fringe cash exchange organization, has propelled outbound cash exchange activities from India. This implies people and organizations will have the capacity to make quick, advantageous and practical abroad cash exchanges from India for exchanges relating … Continue reading InstaReM Launches Outward Remittances from India in Partnership with DCB Bank

A History Of Major-League Trade Wars

A Trade War is a tit-for-tat situation wherein two or more countries impose trade restrictions on one another. There are many weapons used in this war – tariffs, regulations, currency manipulations, import quotas, government subsidies and also intellectual property rights (IPR)  violations. History has it that in Trade Wars, often, all sides lose, as participating countries suffer lower economic activity, unemployment, and inflation. In today’s … Continue reading A History Of Major-League Trade Wars

Demystifying The Cross-Border Remittances Ecosystem

With a large chunk of the global workforce migrating to foreign countries in search of lucrative career opportunities or better living; the World Bank estimates that migrants will send up to US$636 billion home in 2017, with three-quarters of that being remitted to developing countries. In 2015, US$440 billion in remittances was sent back to developing countries, but US$32 billion was lost due to high … Continue reading Demystifying The Cross-Border Remittances Ecosystem

InstaReM gets RBI approval to offer outbound remittance services from India

The FinTech start-up will start its money transfer services in partnership with an AD-I bank by November 2017 InstaReM, the Singapore-headquartered FinTech start-up offering convenient, fast and cost-effective cross-border money transfers to individuals and businesses, has received regulatory approval from the Reserve Bank of India (RBI) for facilitating overseas remittances from India. InstaReM plans to start its outbound money transfer services from India by November … Continue reading InstaReM gets RBI approval to offer outbound remittance services from India

Cross-border digital payments company InstaReM receives US$13M investment

Singapore, 4 Jul 2017 – InstaReM, one of the leading digital cross-border payments companies, has received a US$13 million investment led by GSR Ventures, with participation from SBI-FMO Emerging Asia Financial Sector Fund (SBI-FMO Fund), Vertex Ventures, Fullerton Financial Holdings (FFH), and Global Founders Capital (GFC). To date, InstaReM has raised over US$18 million in the last 18 months. InstaReM will use the investment to … Continue reading Cross-border digital payments company InstaReM receives US$13M investment