Fasset, in partnership with Coins.ph, is proud to announce the launch of “Pinoy Send,” a new feature dedicated to financial inclusion and providing wealth-building tools for Filipino expatriates in the UAE. Starting November 4, Fasset users can send up to PHP 50,000 to the Philippines in just 5 to 7 seconds, making remittances faster and more accessible than ever.

Pinoy Send, powered by virtual assets and blockchain, provides Filipinos in the UAE with a fast, secure, and affordable way to support family back home. With zero fees, competitive exchange rates, and instant transactions, Fasset is reshaping cross-border support. Until November 15, users who apply the code ‘KABAYAN5’ at registration can enjoy a 5% cashback on their first transaction, up to AED 25. This exclusive offer serves as an entry point for users to begin investing and building a financially secure future.

“With Pinoy Send, we are addressing the real needs of Filipino expatriates who seek to support their families back home. We are committed to offering a seamless cost-effective solution that ensures their hard-earned money reaches its destination quickly and safely. This initiative reflects our dedication to empowering individuals and strengthening communities through accessible financial services.” - Umair Javed, Chief Business Officer of Fasset

Coins.ph CEO Wei Zhou emphasized that Pinoy Send is making it easier and more affordable for Filipinos in the UAE to send financial support to their families in the Philippines. He highlighted the significance of the UAE-Philippines remittance corridor, one of the largest globally, noting that this partnership between Coins.ph and Fasset introduces innovative financial solutions designed to meet high demand, especially as the holiday season approaches.

To get started with Pinoy Send, visit https://fasset.com/ or download the Fasset app today.

How It Works:

1. Download the Fasset app

2. Use code KABAYAN5 at registration

3. Complete verification

4. Deposit AED

5. Go to Pinoy Send

6. Add end user

7. Send

About Fasset

Fasset is a fintech startup that enables individuals and businesses to securely invest from anywhere in the world. Founded by Mohammad Raafi Hossain and Daniel Ahmed, Fasset has raised a total of $26.7 million in funding. In November 2023, the company was granted a VASP license by Dubai’s Virtual Asset Regulatory Authority (VARA), allowing it to distribute digitalnassets and services to retail and institutional investors in the UAE and globally.

About Coins.ph

Coins.ph is on a mission to power the new internet with easy access to digital assets and web3 products. Launched in 2014, Coins.ph is the most established crypto brand in the Philippines and has gained the trust of more than 18 million users. Through the easy-to-use mobile app, users can buy and sell a variety of different cryptocurrencies and access a wide range of financial services. Coins.ph is fully regulated by the Bangko Sentral ng Pilipinas (BSP) and is the first ever crypto-based company in Asia to hold both Virtual Currency and Electronic Money Issuer licenses from a central bank.