Fincy, the money app that facilitates seamless and contactless currency exchange across Asia, announces its foray into the Singapore market and the establishment of its global headquarters on the red dot.
Led by GBCI Ventures, Fincy’s goal is to provide a usable and affordable alternative to existing financial services, starting with currency exchange and a multi-currency wallet. The expansion to Singapore serves as a strategic base for growth across Asia.
Leveraging secure financial infrastructure and round-the-clock customer support, the Fincy app allows users to top up their multi-currency wallet via local bank transfer and then perform seamless currency exchanges at the best possible rates and with transaction fees as low as 0%.
The multi-currency wallet can hold balances in all major currencies, which users can then transfer to other users and transact with Fincy’s growing merchant network in Asia.
Fincy’s contactless approach to money is aligned with a new social reality where people have had to rapidly adopt technologies and practices to cope with restrictions on social contact,
This contactless approach is already being utilised in Myanmar’s Yatai City, a pioneering smart city powered by the same Building Cities Beyond (BCB) blockchain protocol upon which Fincy is built. In Yatai City, Fincy is the exclusive provider of financial infrastructure to 40,000 residents. They can use the Fincy app to make purchases, perform transactions, receive salary and manage their money without the need for physical contact.
Fincy is also pioneering contactless mobile payments in Phnom Penh, Cambodia, where it is a popular and fully licensed money app accepted at more than 700 merchants and used by over 40 companies for payroll.
The Fincy app is available for iOS and Android. For more information, visit here.
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Fincy's entry into the Singapore market marks a significant milestone, akin to the diverse financial opportunities available on platforms like 91 club (https://91-club.co.in/). With its focus on seamless and contactless currency exchange, Fincy aims to revolutionize financial services in Asia, starting with its innovative multi-currency wallet and low transaction fees. Singapore's strategic location serves as an ideal hub for Fincy's expansion, providing access to a diverse and tech-savvy population. Moreover, Fincy's contactless approach aligns with the evolving social landscape, where digital solutions are increasingly favored. This contactless model has already seen success in smart cities like Myanmar's Yatai City, showcasing Fincy's potential to reshape financial infrastructure on a large scale. Furthermore, its presence in Phnom Penh highlights Fincy's growing popularity and acceptance among merchants and businesses, paving the way for broader adoption across the region. As Fincy continues to innovate and expand its offerings, investors may find potential opportunities for growth in this dynamic fintech sector.
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