Fintech company The Mobile Wallet (TMW), has entered into a global partnership with SendX, a Singapore-based blockchain apps company along with its partner The Ammbr Foundation.

As per this partnership, TMW will launch a series of blockchain-based services using the SendX and Ammbr platforms, addressing opportunities in communications, payments and identity.

Our partnership with SendX and Ammbr helps us go to market fast with a product that is streets ahead of competition, said Vinay Kalantri, the founder and Managing Director of TMW. Further, company executives said that this partnership will open up a chain of opportunities in the retail financial sector. “Together, with SendX and Ammbr, we will help reshape the world of financial services," added Kalantri.

On the cards in the near future is the launch of the SendX Global Token, for which TMW will be a launch partner. This will be enabled with the Self-Sovereign Digital Identity programme from Ammbr. In addition, the merchant partners of TMW will be enabled to become communications and transactions hubs for the mobile urban population in India.