Gate News message, April 5, the cross-border remittance giant Western Union announced that it has completed its acquisition deal for Singapore digital wallet Dash. The specific acquisition amount has not been disclosed. Dash was previously owned by Singapore Telecommunications (Singtel). This acquisition gives Western Union 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 that this sale would still require approval from regulators. The deal completion announced this week marks Dash’s official integration under Western Union.
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