Any updates on the InstaReM AMAZE card?

I recall a meetup late Oct 19 with a launch stated at Dec 19. At the time sounded aggressive but now is Mar 20 - Anyone know if the company is still developing this product (or put in the "too hard" basket) and what is updated launch plans.

amaze by Instarem Instarem Money Transfer

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Kenneth Lou

13 Apr 2020

Co-founder at Seedly

Hey Kelly, I just saw your question!

The update from the team based on the last chat with them was that they are unable to launch it in March due to some new regulations on stored value facilities. (SVF)

Hence they would have to push the launch back towards Q2 and Q3. Exact date to be announced.

However more, the climate now also does not make sense to launch any new products as travel is banned currently. So lacks a strong use case as well.

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Gabriel

13 Apr 2020

Undergraduate at National University of Singapore

Hey Anon, if I recall correctly, it was supposed to be launched in December 2019. But there was no updates since then till recently, where they announced via email that they'll be delaying the launch until the COVID-19 situation stabilises. They'll provide the updated launch date after all travel restrictions are lifted around the world. So that's going to be quite some time later.

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