Western Union completes acquisition of Singapore digital wallet Dash

MeNews · 2026-04-10T05:16:03+00:00

Western Union announces the acquisition of Singapore Telecom's digital wallet Dash, becoming its first digital wallet in the Asia-Pacific region. This will help Western Union connect with Dash users and expand service coverage. The specific transaction amount was not disclosed.

MeNews

2026-04-10 05:16:03

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ME News report: On April 5 (UTC+8), Western Union announced the completion of its acquisition of Dash, a digital wallet under Singapore Telecommunications. The transaction gives Western Union its first digital wallet in the Asia-Pacific region and is an important part of its Beyond strategy. Founded in 2014, Dash has more than 1.4 million users in Singapore and provides services including bill payments, overseas remittances, savings, investments, and insurance. Western Union said that integrating Dash will enable its Singapore customers to connect more directly to its global network, which covers more than 200 countries and regions. Vince Tallent, head of Western Union Asia-Pacific, said that combining Dash’s local customer base with Western Union’s global network will help deliver a more seamless service. The specific amount of the transaction has not been disclosed. (Source: ChainCatcher)

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