Western Union to Acquire Digital Wallet Service Dash

Source

Uk Jin

Summary

Western Union said it has completed the acquisition of Singapore-based digital wallet 'Dash'.
The company said the acquisition secures a digital wallet platform with more than about 1.4 million users.
Western Union said it plans to connect Dash to its global network to offer cross-border payments and a range of financial services.

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Photo=Dash logo

Global remittance firm Western Union said on the 5th that it has completed the acquisition of Singapore-based digital wallet Dash.

The acquisition secures a digital wallet platform with more than about 1.4 million users.

Launched in 2014, Dash offers a range of financial functions including international remittances, payments, savings, investments and insurance. Western Union plans to link Dash with its global network to provide cross-border payments and a variety of financial services.