SINGAPORE
– Media OutReach – 25
September 2020 – Singapore cross-border funds agency TranSwap has been awarded the
Platinum Award for Fee Tech class on the prestigious IFTA FinTech
Achievement Awards. Video-streamed on 24 September 2020, the award showcases
and celebrates the extraordinary achievements made by companies, NGOs,
start-ups, and people within the Finance and Expertise trade.
TranSwap is one in every of 7 awardees beneath the Fee
Tech class that had been recognised on the award ceremony. The award recognised
41 award winners in whole, spanning 21 classes which embody Synthetic
Intelligence, Blockchain-based Transformation, Digital Banking and extra who
have demonstrated management and vital contributions in Fintech.
The Singapore agency emerged because the Platinum Award
winner for the Fee Tech class, the place it excelled in no less than 9 out of 12
standards mandatory for excellent achievement and efforts in FinTech.
Launched in 2017 to deal with the ache factors in
making worldwide funds, TranSwap has remodeled the standard
cross-border funds course of. By means of the FinTech platform, companies can
ship cash to over 180 nations in over 120 currencies, and 60 native cost
rails and auto clearing homes — at decrease prices and clear charges and costs.
TranSwap quickly expanded its enterprise to its third market Indonesia and rolled
out new revolutionary companies for remittance. Only recently, the AMTD ASEAN
Solidarity Fund Group introduced its funding in TranSwap. TranSwap plans to
use the funding to speed up product innovation and drive regional
growth.
Mr Benjamin Wong, CEO and co-founder of TranSwap, shared “We’re humbled by the acknowledgement of
our contributions to Hong Kong’s burgeoning FinTech trade. Many companies
nonetheless undergo from costly and opaque cash transfers which impede their
progress and improvement. With our cross-border funds platform, companies
will profit from extra handy, sooner and more cost effective cross-border enterprise
funds. Coupled with our suite of revolutionary monetary know-how options,
we’re serving the evolving enterprise wants of our clients within the areas of
monetary automation and treasury administration with the final word intention of creating
cost and assortment seamless and accessible.”
The award is organised by the Institute of
Monetary Technologist of Asia, a non-profit organisation established in Hong
Kong with the aim of making an ecosystem for world fintech abilities to be
linked.
For extra data, please go to:
https://www.dropbox.com/sh/xi7owe06avhkgyj/AAAtoQCUL5d0wnzg-GTbXjBBa?dl=0
