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Startups

Global remittance startups rush into Asia counting on deregulation

UK unicorn to launch debit card service in Singapore and Japan

Customers receive money from families working abroad at a remittance center in Makati City, Metro Manila.    © Reuters

TOKYO -- Cross-border payment startups are rushing into Asia as deregulation of the sector has enabled online services to operate in the region, in a major threat to existing banks.

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