LALA WORLD

What LALA WORLD does

LALA World Pte Ltd is a Singapore-incorporated private fintech that operates a blockchain-based financial ecosystem targeting the unbanked, migrants, refugees, and micro-entrepreneurs. Founded in April 2016 by Sankalp Shangari and registered in June 2016, the company runs offices in Singapore, India, Dubai, Malaysia, and the United Kingdom. It addresses pain points across the $600 billion annual remittance market, the credit gap for micro-entrepreneurs paying 15-40% to informal lenders, and the digital identity gap for undocumented populations. The core proposition is lower-cost cross-border money movement, alternative credit, and verifiable digital identity for users excluded from traditional banking.

The product suite is built on Ethereum and Hyperledger and consists of a unified LALA Wallet acting as a single sign-on portal, with five modular services: LALA Transfer (P2P local and global remittance supporting fiat and crypto), LALA Bill Pay (local and international utility payments via country partners), LALA Lends (P2P and EMI-based micro-lending for small businesses), LALA ID (blockchain-based KYC with a 1-5 star verification system), and LALA Card (virtual and physical debit card). ARAX Wallet is the dedicated crypto flagship. Distribution is anchored by MIGRAMS (250K+ migrant users, management is a large shareholder), TransferTo (150+ country mobile top-up), and rebit.ph (Philippines corridor).

Revenue is generated via transaction fees on remittance and bill payments, lending interest, LALA token buyback economics (20% of net fees used for buybacks), and white-label technology licensing. The company is positioned freemium, with a LALA token used for discounts in crypto-friendly countries and rewards for transactions, referrals, and KYC verification. The company raised US$2M in Series A (October 2017) and conducted an ICO with a 150,000 ETH hard cap. No revenue is disclosed; current monetized scale appears small relative to the 100M-user, 50-country vision articulated at founding.

Name

LALA WORLD

Legal name

LALA World Pte Ltd

Website

https://lalaworld.io

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

LALA World is a Singapore-based blockchain fintech building a digital wallet ecosystem (remittance, bill pay, micro-lending, digital identity, debit card) on Ethereum and Hyperledger, targeting the unbanked, migrants, refugees, and micro-entrepreneurs across South and Southeast Asia and the Middle East.

Ownership category

akta.pro rank

Product category

Blockchain-based Mobile Financial Services

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Finance Services (6199)

akta.pro primary industry

Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL)

akta.pro secondary industries

Payments, Remittances & Merchant Acceptance (checkout, invoicing, payroll) (FSAPAEAE), Smart Contract Wallets / Account Abstraction (MPC/AA, social recovery, paymasters) (FSAPACAB), Crypto Payment Gateways & Checkout APIs (FSADAIAA), On/Off-Ramp Providers (Fiat↔Crypto) & Cash-In/Cash-Out Networks (FSADAIAE)

Keywords

• Blockchain financial services
• Cross-border remittance platform
• Peer-to-peer lending
• Digital identity verification
• Mobile wallet application

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices5 records

Markets served

GTM type

B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations

Revenue model

1. Transaction Fees - Remittance: LALA Transfer charges transaction fees for international money transfers. Remittances are rewarded with LALA Coins and 20% of net transaction fees are used for buyback and distribution among network participants.
2. Lending Interest: LALA Lends provides peer-to-peer lending and EMI-based lending for small businesses and micro-entrepreneurs, generating revenue through interest on loans extended.
3. Bill Payment Processing: LALA Bill Pay processes local and international utility bill payments via country-specific partners, earning processing fees.
4. LALA Token Economics: LALA tokens are used for discounts in crypto-friendly countries (CFC), payments for KYC services, LALA Scores, and white label technology sales to partners. Token buyback from fees creates demand.
5. White Label Technology Licensing: Selling wallet, lending technology, and LALA Score solutions to partners who can pay in Crypto and Fiat.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels12 records

Core offering

LALA World operates a blockchain-based mobile financial ecosystem built on Ethereum and Hyperledger. Its core offering centers on the LALA Wallet and ARAX Wallet mobile apps, which provide peer-to-peer remittance (LALA Transfer), bill payments (LALA Bill Pay), peer-to-peer and EMI-based lending (LALA Lends), blockchain-based global digital identity (LALA ID) with star-rated KYC, virtual and physical debit/credit cards (LALA Card), and in-ecosystem credit scoring (LALA Score). Services accept both fiat and cryptocurrency and are aimed at the unbanked, migrants, micro-entrepreneurs, and students worldwide.

Product overview

LALA World is a Global Digital Decentralized Financial Ecosystem built on Ethereum and Hyperledger blockchains. The ecosystem consists of a unified wallet platform (LALA Wallet) serving as a single sign-on portal, with five core products: LALA Transfer (P2P remittance), LALA Bill Pay (utility payments), LALA Lends (micro-lending), LALA ID (digital identity/KYC), and LALA Card (debit/credit card). ARAX Wallet is the crypto flagship offering. The ecosystem targets the underbanked, undocumented migrants, micro-entrepreneurs, and students, enabling them to buy, hold, spend, and sell cryptocurrency while accessing traditional financial services.

Differentiator

Problem solved

Functional benefit

Products and services

• LALA Wallet Universal crypto wallet and single sign-on platform for the LALA ecosystem. Supports fiat and crypto assets, Clientrypto Exchange, mobile top-up, and bill payment services for individuals in markets such as India and UAE.
• ARAX Wallet Crypto flagship product - universal cryptocurrency wallet providing multiple services including Clientrypto Exchange, Mobile Top-up, and Bill Payment through cryptocurrency.
• LALA Transfer Peer-to-peer local and global remittance service that holds both fiat and cryptocurrencies, designed for migrants working abroad who send money home to their dependents. Remittances are rewarded with LALA Coins and 20% of net transaction fees are used for buyback and distribution.
• LALA Bill Pay Local and international utility bill payment service that facilitates bill payments via country-specific partners for both crypto and fiat currencies. Processes bill payments through partnerships with local government agencies.
• LALA Lends Peer-to-peer and EMI-based borrowing and lending service that provides money-lending in the form of digital currency. Targets small business and micro-entrepreneurial projects, enabling users to build credit scores within the LALA ecosystem.
• LALA ID Global digital identity system consolidating biometrics, national ID systems, and digital records into a single secure ambient identity on the blockchain. Enables KYC verification with star ratings (1-5 stars) depending on verification level.
• LALA Card Virtual and physical debit card synced to the LALA Wallet, usable at millions of PoS globally. Also available as a credit card in select geographies.
• BestLALA Wallet (Malaysia) Malaysia-specific wallet deployment (BestLALA) operated by LALA Malaysia, targeting the Bangladesh-to-Malaysia migrant corridor with the LALA Wallet feature set for remittance, lending, and bill payments.

Quantifiable outcome

• Reduced remittance costs - migrants pay approximately $9 per $100 sent versus traditional services
• +3 more outcomes

Named customers2 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature8 records

Partnerships

Eight partnerships are on record, tiered flagship, core and minor.

• rebit.phflagshipStrategic or Co-development Partner · 1 June 2018Strategic partnership with Philippines payment network to provide increased financial access. Announced June 2018. Enhances LALA's presence in Southeast Asian remittance corridors.
• MIGRAMScoreStrategic or Co-development Partner · 1 September 2017World's most comprehensive migrant management system capturing end-to-end migrant journey digitally. MIGRAMS management is a large shareholder in LALA World. Partnership signed September 2017. MIGRAMS covers Malaysia, Bangladesh, and Maldives with expansion plans to Sri Lanka, Mauritius, Bahrain, Kuwait, and UAE. Provides direct access to 250K+ migrants and 1 million new migrants annually.
• TransferTocoreTechnology or IntegrationGlobal mobile top-up network partnership enabling LALA World to offer mobile airtime top-up services across 150+ countries. Extends LALA's service coverage globally through TransferTo's established network.
• EthosminorGTM or Marketing PartnerCommunity airdrop campaign partnership with Ethos wallet. Both companies working on wallet integration opportunities. No definite partnership beyond token integration and community airdrop.
• MiGramcoreStrategic or Co-development PartnerWorld's largest migrant database management platform. Tied-up with LALA for lending platform. Combined partnership brings large partner network for LALA ecosystem expansion.
• Singapore FinTech AssociationminorOthersMember of Singapore FinTech Association, indicating industry recognition and networking within Singapore's fintech ecosystem.
• ACCESS-SGminorOthersMember of ACCESS-SG, Singapore's fintech industry association.
• CRS SingaporeminorOthersMember of Corporate Responsibility Singapore association.

Scale indicators7 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Coins.ph: Philippines-based crypto-enabled mobile wallet and remittance platform serving underbanked and migrant populations. Directly comparable in target market (Southeast Asian migrant corridors), product suite (wallet, remittance, bill pay), and crypto-fiat hybrid model.
• Abra: Global crypto wallet and remittance app targeting unbanked users worldwide with multi-currency support and bill payment features. Closely aligned on crypto wallet + remittance + bill pay for the unbanked, with a comparable cross-border footprint.
• BitPesa (now part of Flutterwave): Africa-focused blockchain remittance and B2B payments platform (now integrated into Flutterwave). Comparable in using blockchain rails to lower remittance costs for emerging-market corridors and serving underbanked populations.
• Pundi X: Blockchain-based point-of-sale payments and wallet infrastructure targeting emerging markets. Comparable on the crypto-payment + wallet + debit-card stack aimed at unbanked merchants and consumers.
• Remitano: P2P crypto exchange and wallet serving emerging markets including Vietnam, Nigeria, and Malaysia. Comparable in serving cross-border remittance use cases through crypto rails in LALA's target geographies.
• PaySend: Cross-border money transfer platform with a global card-to-card remittance model targeting migrant workers. Comparable in targeting the same $9-per-$100 remittance pain point via low-cost digital rails.
• Bitso: Latin America's largest crypto exchange and wallet, offering remittance and payment services to underbanked populations. Comparable in using crypto as a low-cost remittance rail for emerging-market users.

Broad incumbents

• WorldRemit: Established digital remittance platform serving migrant corridors across 130+ countries. Comparable on cross-border remittance to underbanked recipients, though operating without a native crypto token model.
• Wise (formerly TransferWise): Global money transfer and multi-currency account platform. Comparable on cross-border payments to migrants and underserved users, but operates at vastly greater scale and is fiat-native.

Emerging players

• Valiu: Cross-border payments platform for Latin American migrants using stablecoins and local rails. Comparable in offering a crypto-backed remittance alternative targeting underbanked migrant populations.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights6 records

Customer concentration

• Xx.com/MyLaLaWorld
• YouTubeyoutube.com/channel/UCCcnh2DTw_mXECPgOOBN84Q
• Facebookfacebook.com/MyLaLaWorld
• LinkedInlinkedin.com/in/MyLaLaWorld
• Instagraminstagram.com/lalawallet

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about LALA WORLD