S’pore fintech firm gets funding from UAE conglomerate, eyes growth in the Middle East

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The Straits Times 4h ago

S’pore fintech firm gets funding from UAE conglomerate, eyes growth in the Middle East - The Straits Times

Quick Summary:

Aleta will also move its headquarters from Singapore to Dubai.

Founded in Singapore in 2014, Aleta initially focused on cross-border business-to-business digital payments through the UnionPay network, but has since expanded into business-to-consumer service offerings.

Aleta has plans to set up a joint venture with National Pulse to focus on business-to-business cross-border transactions, initially targeting the agricultural and logistics sectors in the Middle East.