iChange: This app lets S'poreans exchange over 40 currencies...

In the ever-evolving landscape of fintech, Singapore-based IBV has made waves with the launch of iChange. iChange is not just another financial app. According to IBV, it's built specifically for Singapore residents, with a primary objective of providing them with a hassle-free and user-friendly method for currency exchange and forex transactions. Backed by the Monetary Authority of Singapore (MAS), the app emerged as a result of a collaborative effort involving five money changers: Anua Group Money Exchangers, Ariza Money Exchange, Iakaba Money Exchange, Shenton Money Exchanger, and Shining Money Exchange. These money changers were awarded the Digital Acceleration Grant (DAG) by the MAS, which supports digital solutions that enhance operational resilience, efficiency, risk management, and customer service. Competing with heavyweights like Revolut, Wise, and YouTrip, iChange has set i...