Western Union completes acquisition of Singapore digital wallet Dash

MeNews · 2026-04-05T08:41:02+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

2026-04-05 08:41:02

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ME News update, April 5 (UTC+8): Western Union announced the completion of its acquisition of Dash, a digital wallet under Singapore Telecommunications. This deal gives Western Union its first digital wallet in the Asia-Pacific region and is an important part of its Beyond strategy. Dash was founded in 2014. In Singapore, it has more than 1.4 million users and provides services including bill payments, international remittances, savings, investments, and insurance. Western Union said that integrating Dash will enable its Singapore customers to connect more directly to its global network covering 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 more seamless services. The specific amount of the transaction has not been disclosed at this time. (Source: ChainCatcher)

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