Jungle has invested in Xweave, a next-gen platform simplifying cross-border payments by enabling instant transactions without pre-funding.

Information on the Target

Xweave is a pioneering technology company focused on revolutionizing cross-border payment infrastructure. With its innovative platform, Xweave enables instant transactions between fiat currencies and stablecoins without the need for pre-funding. The company is designed to streamline and simplify financial operations for fintech firms, platforms, and enterprises looking to facilitate global money movement effectively.

Operating primarily within the Singapore-Philippines corridor, Xweave is positioned to enhance remittances and fintech transactions by leveraging regulated virtual asset service providers (VASPs). Its advanced routing system allows for real-time transaction facilitation, ensuring compliance with regulatory standards while providing users with a seamless experience.

Industry Overview in the Target's Specific Country

The fintech industry in Singapore is recognized as one of the most advanced and dynamic in the Asia-Pacific region. With a supportive regulatory environment and various innovation grants, Singapore has become a hub for financial technology, attra