Western Union Completes Acquisition of Singtel’s Dash
The Edge
"Western Union has completed its acquisition of Dash, the Singapore-based mobile wallet owned by Singtel. The deal gives Western Union access to a platform with more than 1.4 million users in Singapore. Launched in 2014, Dash offers payments, remittances, savings, insurance and investment services within a single app. The acquisition marks Western Union’s first wallet in Asia Pacific. It is part of its strategy to expand beyond traditional money transfers by embedding cross-border capabilities into everyday financial use."
