InstaReM Revenue and Competitors

Location

$280M

Total Funding

Fintech

Industry

Estimated Revenue & Valuation

  • InstaReM's estimated annual revenue is currently $6.6M per year.(i)
  • InstaReM's estimated revenue per employee is $113,100
  • InstaReM's total funding is $280M.

Employee Data

  • InstaReM has 58 Employees.(i)
  • InstaReM grew their employee count by -6% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$881.4M474147%$1.3B$3.5B
#2
$516.4M277840%$505M$6.5B
#3
$1937.3M104214%$1.7B$33B
#4
$193.3M104043%$699.7M$5B
Add Company

Founded in 2014, InstaReM is a Singapore-headquartered cross-border payments company and is licensed as a Money Services Business (MSB) in Singapore, Australia, Hong Kong, Malaysia, India and Canada. InstaReM has created a unique payment mesh in Asia, which is being leveraged by financial institutions, SMEs and individuals to make fast and low-cost cross-border payments to more than 60 countries across the globe. Speed and Service have been our key differentiators since we started operations in 2015. We believe that cross-border money transfers should be faster; and every customer using our services should have a smooth, cost-effective and a transparent experience.

keywords:Financial Services, Finance, P2P Money Transfer, Finance Technology

$280M

Total Funding

58

Number of Employees

$6.6M

Revenue (est)

-6%

Employee Growth %

N/A

Valuation

N/A

Accelerator

InstaReM's People

NameTitleEmail/Phone
1
Co-founder & COOReveal Email/Phone
2
Head Marketing - EuropeReveal Email/Phone
3
Senior Software EngineerReveal Email/Phone

InstaReM News

2019-03-20 - InstaReM Closes US$ 41M Series C Funding Round

InstaReM, a Singapore based digital cross-border payments company, closed its US$ 41m Series C funding round. The round, which brought total funds secured to date to US$59.5m, was led by Vertex Growth Fund with participation from new investor Atinum Investment. In conjunction with the funding, ...

2019-03-19 - InstaRem raises $20M in funding to grow cross-border payments

InstaRem, a growing cross-border payments firm in the Southeast Asian market, said it has closed on $20M in a funding round led by Singapore’s Vertex Growth Fund. InstaRem said the round was supported by South Korea’s Atinium Investment. The funding brings the total raised by InstaRem to $59.5 ...

2019-03-19 - Cross-border payments platform Instarem raises $41 Mn Series C round

Cross-border payments company Instarem has raised $41 million in Series-C round of funding led by Vertex Growth Fund. South Korea-based venture capital – Atinum Investment also participated in the round. The proceeds of the latest round will be used to accelerate growth in existing and new mark ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$7.3M58N/AN/A
#2
$5M5816%N/A
#3
$6.9M585%N/A
#4
$11.5M585%N/A
#5
$11M58-6%N/A