Western Union has completed the acquisition of Singapore's digital wallet Dash.

Deep Tide TechFlow message: On April 05, according to a report by Crowdfundinsider, the cross-border remittance giant Western Union announced that it has completed its acquisition of Dash, a Singapore digital wallet. The specific acquisition amount has not been disclosed. Dash was previously owned by Singapore Telecommunications (Singtel). This acquisition gives the American payments company its first wallet service in the Asia-Pacific region, further expanding its digital financial services beyond its traditional remittance business. Singapore Telecommunications and Western Union had previously said the sale would still require approval from the relevant regulatory authorities, and the deal completion announced this week means that Dash has officially been folded into Western Union.