Pay2home

A licensed financial institution, formerly invested in by the Economic Development Board of Singapore and a SE Asian bank, Pay2Home has received multiple entrepreneurship and business excellence awards. It has ranked in the top 1,000 SMEs in Singapore for the last two years. Before FinTech was labelled as such, Pay2Home received an Infocomm Development Authority of Singapore grant to develop web services and created payment APIs for use across SE Asia. Before the advent of cloud services, Pay2Home had been operating its service channels for all countries from central hosted systems in Singapore. Pay2Home moved from a wholesale cross border payments solution provider to banks into the retail market in 2008. A homegrown licensee now with the largest number of 'bricks & mortar' outlets in Singapore, Pay2Home was the first remittance company to receive regulatory approval to operate online and the first to pioneer the purpose-built multilingual self-service Money Transfer Machine (MTM). Now it is the first to offer mobile payments. Pay2Home was one of the founding executive members of the Remittance Association (Singapore), established to promote industry best practices to support the MAS with Anti-Money Laundering and Counter Financing of Terrorism policies and processes. With 90 employees in the group, Pay2Home has processed more than three million transactions, defining it as a FinTech with a successful and proven track record.