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Instarem Stock

InstaReM is a fintech-based digital international money transfer startup

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About Instarem Stock

Founded

2014

Total Funding

18.0M

Industries

Software, Artificial Intelligence, Data and Analytics

Co-Founded by Prajit Nanu and Michael Bermingham in 2014, InstaReM (short for Instant Remittance) is a Singapore-headquartered Fintech start-up providing fast, secure and cost-effective digital cross-border money transfer services to individuals and businesses. InstaReM has created a unique payment mesh in Asia, which is being leveraged by individuals and corporates. The company also offers a configurable, multi-featured platform MassPay that helps corporate and SME users to manage and control their high-volume remittances to multiple beneficiaries in multiple currencies via a seamless process, enabling then to reduce cross-border money transfer costs by up to 80%. The company is licensed in the EU, Australia, Canada, Hong Kong, Malaysia, India & Singapore. InstaReM is backed by marquee investors such as Vertex Ventures, Fullerton Financial Holdings, Global Founders Capital, GSR ventures and SBI-FMO Ventures. Its services and business model has been recognized on prestigious platforms such as Singapore Fintech Festival and India Fintech Awards in 2017.

Stay in the know about the latest news on Instarem

Nium Launches Stablecoin Card Platform

crowdfundinsider • Apr 04, 2026

Stablecoins Meet Real World Commerce, but KYC Keeps Breaking the Experience

pymnts • Apr 03, 2026

Stablecoins roll on as rules evolve

paymentsdive • Apr 03, 2026

Nium Launches Dual-Network Stablecoin Card Issuance Platform for Global Business Payments

news • Mar 31, 2026

Nium launches stablecoin card issuance platform across Visa and Mastercard

cointelegraph • Mar 31, 2026

Leadership team at Instarem

Co-Founder and Chief Operating Officer

Michael Bermingham

Head of Global Marketing

Pratik Shah

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