I just saw that Western Union has completed the acquisition of Dash, the digital wallet from Singapore. It’s a very interesting move to understand how major transfer networks are positioning themselves in the Asian digital market.

Dash, created in 2014, already had a solid user base with over 1.4 million users in Singapura, offering everything from bill payments to investments and insurance. Now, with this integration, local customers can access Western Union’s global network directly, which operates in more than 200 countries.

What stands out is that this is the first digital wallet Western Union can access in the Asia-Pacific region. Vince Tallent, who oversees this region for the company, commented that combining Dash’s local customer base with Western Union’s global reach will result in much more seamless services.

Basically, it’s that classic consolidation move—Western Union bringing its experience in global transfers to the digital market closest to it. It seems the focus really is on expanding its presence in emerging markets. The exact value hasn’t been disclosed, but you can tell that Western Union is making a strong bet on this Beyond strategy.