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Maybank, Singapore fintech InfoCorp launches mobile payment app for migrant workers

Mimi Sabreena 5:42:00 PM Informasi

(Oct 4): INFOCORP Technologies, a Singapore-based fintech company, has signed a memorandum of understanding (MOU) with Maybank Singapore to provide services to unbanked people in Singapore and the Asia-Pacific region.

Under the pact, InfoCorp has launched, for 16,800 workers living in Tuas View Dormitory, CrossPay — a mobile application that facilitates cashless payments between the workers and merchants operating within the dormitory.

InfoCorp specialises in delivering financial services, through blockchain solutions, to people who cannot afford formal banking services.

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