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MyCash Money
MyCash Money is a convenient digital wallet for the unbanked migrant workers to purchase financial products including cross-border remittance, without any bank account or credit/debit card in their mother tongue.
MyCash Money's Story
In 2019, an estimated 200 million people in the global migrant workforce sent home US$715 billion. There are more than 6 million unbanked migrants currently working in Malaysia & Singapore and over 50 Million in Asia including the Middle East. Most of them do not have access to any bank account or a debit card. This forces them always need to carry cash and use it in a traditional way, which is sometimes dangerous and not cost-effective. Currently, they do not have any reliable way to save their money or send money home or even purchase any products or services online.