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Western Union to Acquire Dash Mobile Wallet in Singapore to Expand Its Financial Ecosystem

PUBLIC · WUOct 24, 2024

Acquiring Company

Western Union

Acquired Company

Dash Mobile Wallet

DenverSingaporeFinancial ServicesPaymentsFinanceFintechLendingBankingFinancial ServicesMobileFintechMobile Payments

Description

Western Union announced its plans to acquire Dash, a prominent mobile wallet in Singapore with over 1.4 million users, from Singtel. This strategic acquisition is aligned with Western Union’s Evolve 2025 strategy to expand its financial ecosystem and strengthen its global digital capabilities.

Quick answer

Western Union is acquiring Dash Mobile Wallet, announced October 24, 2024. Western Union is based in Denver, Colorado, United States.

How much did Western Union pay for Dash Mobile Wallet?
The deal value was not disclosed.
What does Western Union do?
Western Union CO is a global leader in cross-border, cross-currency money movement and payment services.
Where are Western Union and Dash Mobile Wallet based?
Western Union is based in Denver, Colorado, United States. Dash Mobile Wallet is based in Singapore.
Who are the decision-makers at Western Union?
Fundz holds 5 contacts at Western Union. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Western Union

Location

Denver, Colorado, United States

About

Western Union CO is a global leader in cross-border, cross-currency money movement and payment services. The company focuses on expanding its digital platforms and services. It aims to enhance cross-border money movement with innovative solutions. Western Union is actively involved in the financial services industry.

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Frequently asked

Who acquired Dash Mobile Wallet?

Dash Mobile Wallet was acquired by Western Union, based in Denver. The deal was reported on October 24, 2024. Western Union CO is a global leader in cross-border, cross-currency money movement and payment services. The company focuses on expanding its digital platforms and services. Western Union is publicly traded (WU) and operates in Financial Services.

When did Western Union acquire Dash Mobile Wallet?

Western Union's acquisition of Dash Mobile Wallet was reported on October 24, 2024. Western Union announced its plans to acquire Dash, a prominent mobile wallet in Singapore with over 1.4 million users, from Singtel. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Dash Mobile Wallet do?

Dash Mobile Wallet is a popular mobile wallet in Singapore, with over 1.4 million users. It enables users to pay, remit, save, invest, and insure, regardless of their telco or banking relationship, providing a convenient and versatile financial solution. It is privately held, operating in Financial Services, and is based in Singapore.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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