Singapore-based Volopay wants to be the “Brex of Southeast Asia”

Singapore-based Volopay wants to be the “Brex of Southeast Asia”

Small- to medium-sized business that do a great deal of global company need to handle two huge headaches: high foreign exchange fees and corporate expense tracking. Volopay, a Singapore-based financial tech start-up with workplaces in Bangalore, wishes to assist by incorporating prepaid multi-currency corporate cards, expenditure tracking and accounting tools into one free-to-use platform. Volopay […] Volopay is currently taking part in Y Combinator and is likewise part of Antler and Nium’s Bolt, 2 other accelerator programs. Volopay addresses those problems by combining prepaid multi-currency business cards (readily available as physical or virtual cards), domestic and worldwide bank transfers, automated payments, and expense and accounting software application on one platform. Volopay is totally free to use and makes money through the interchange costs credit cards charge merchants. Volopay presently focuses on serving small companies with 25 or more workers, especially tech startups that are scaling their operations and therefore need to manage increasing numbers of online payments and expenditures. Volopay, a Singapore-based monetary tech start-up with offices in Bangalore, desires to assist by integrating prepaid multi-currency business cards, cost tracking and accounting tools into one free-to-use platform….