OVERVIEW
InstaReM (www.instarem.com) is South-East Asiaâs largest cross border payment company focused on Asia. InstaReM is head quartered out of Singapore and we are proud to have recently raised capital from Rocket Internet and Temasek, Singapore governmentâs investment arm.
In the World Bank yearly report for 2016, InstaReM was reported to be the lowest cost remittance provider from Australia to India and many other corridors - https://remittanceprices.worldbank.org/en/corridor/Australia/India.
InstaReM currently holds licenses in Singapore, Australia and Hong Kong, Canada, USA, EU, India and many more soon. Using a mix of banking, cash-in and cash-out partners, InstaReM has been able to dominate the Asian cross border payment market by building a strong payment network and an extensive outreach covering more that 90 corridors. The company currently has more than 20,000 registered users and has processed remittances of more than AUD 100 million till date.
MISSION
Our focus is to empower our banked and unbanked customers access to financial products through our leading technology platform to fuel our growth as the world's leading cross border payments company.