Senang.io, a Malaysian headquartered fintech company, has partnered with iRemit, a Filipino-owned non-bank remittance provider, to launch the DreamSecure — a financial product designed exclusively for Filipino overseas workers (OFWs).

Senang.io said in a statement on Thursday that the DreamSecure plan offers a first-of-its-kind combination of endowment insurance, unit trust investment, and personal accident coverage, allowing OFWs to protect their families while building their wealth.

Clients can receive their money back with up to 10 percent interest in as fast as five years, providing both financial security and investment growth.

Through this partnership with iRemit, OFWs can now conveniently pay their DreamSecure Plan at iRemit offices across the globe, making financial security and investment growth more accessible than ever before.

“At Senang.io, we are redefining financial security by combining insurance with investment opportunities,

“The DreamSecure Plan marks a major milestone in our transition from InsurTech to Open Finance, ensuring that OFWs not only protect their families but also grow their hard-earned money,” said Sharian, Chief Executive Officer at Senang.io.

According to him, the partnership with iRemit enables seamless access to this innovative product across the globe.

Meanwhile, iRemit’s Chief Operating Officer Maria Cristina Castillejo-Ramsay, said that iRemit remains steadfast in its commitment to empowering OFWs by delivering impactful solutions that provide not only financial protection but also wealth building opportunities.

“Together with Senang.io, we are proud to be a part of an OFW’s journey towards investing in a secure and prosperous future,

“Financial security is now made accessible with Senang.io.’s Dream Secure and I-Remit with global offices where OFWs can conveniently make payments towards their investments,” she added.

Senang.io is a financial technology company making the shift from InsurTech to embedded finance.

The firm is backed by Malaysia venture capital firms such as 1337 Ventures, Artem Ventures, Orbit Capital and Hive Southeast Asia.

IRemit is the largest Filipino-owned non-bank remittance company, providing remittance services to OFWs and their families worldwide through its iRemitX platform and global offices.

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