Singapore fintech partners with Alipay to meet holiday demand

Aleta Planet to tap China-bound remittance market despite city-state's partial ban

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Using Aleta Planet's app, individuals and companies in Singapore can access all three of China's most popular payment platforms: Alipay, UnionPay and Weixin. © Reuters

TSUBASA SURUGA, Nikkei staff writer

SINGAPORE -- Aleta Planet, a Singapore-based payments provider, launched on Thursday a remittance service with Chinese payment service Alipay as it seeks to handle a surge in transfers to China during the Lunar New Year holiday.

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