Almond FinTech, a recognized innovator in digital payments and winner of two CrossTech Innovation Awards, has partnered with Ample Transfers, a trusted remittance provider in Singapore, to drive FinTech expansion in Southeast Asia. This collaboration optimizes Ample’s treasury operations for cross-border transfers between Singapore and Indonesia.

The partnership has already enabled over $2 million SGD in blockchain-powered transfers, reflecting Almond’s growing role in transforming global remittance corridors. This strategic move represents a major step in Almond’s FinTech expansion across key APAC markets.

“Collaborating with Ample Transfers aligns with our mission to remove friction in cross-border finance,” said Adam Swartzbaugh, CEO of Almond FinTech. “This partnership pushes our FinTech expansion forward by delivering faster, cheaper, and smarter remittance technology to regulated partners.”

Ample, licensed by Singapore’s Monetary Authority for over 25 years, benefits from Almond’s intelligent routing and stablecoin-based settlement infrastructure. This unlocks:

  • Better-than-mid-market FX rates
  • Near-instant settlements
  • Redundant, reliable cross-border performance
  • Lower costs than legacy rails

This alliance boosts efficiency behind the scenes while enhancing customer-facing digital services. Almond’s tech powers treasury flows across 10+ countries and supports more than 100 digital assets.

“Our growth strategy focuses on regulated institutions that embrace tech-forward solutions,” Swartzbaugh added. “This FinTech expansion is more than regional, it’s transformational.”

Matthew Yap, CEO of Ample Transfers, shared, “By embedding Almond’s platform, we ensure our customers benefit from next-gen FinTech without disruptions. This partnership supports faster, safer, and more affordable payments.”

This FinTech expansion marks Almond’s continued push into Southeast Asia, empowering legacy financial providers with cutting-edge blockchain capabilities. As digital payment adoption rises, Almond aims to redefine how financial institutions scale remittance services across borders.

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News Source: Globenewswire.com