As per the World Bank's remittance prices worldwide database, the global average cost of a retail size of remittance (retail size - USD 200) was 6.2 per cent in the fourth quarter of 2022.
The biggest gainers from this will be migrant workers, students, travelers, and businesses, especially the small and medium enterprises trading from Singapore.
Startups can obtain venture loans through an intuitive interface and choose to repay in their local currency, including the British pound, the Singapore dollar and the Australian dollar.
According to Prashant Mehra, partner, Grant Thornton India LLP although the domestic merger and acquisition activity has declines, the cross border activity has been steady and is likely to remains so.
Prashant Mehra, partner, Grant Thornton says IT and pharma continue to rule the roost in the M&A space.