Toast closes $1.5M seed round to revolutionise payments for migrant workers in Asia

Toast, a financial services startup offering low-cost peer-to-peer user-to-withdrawal and user-to-user money sending in Asia, closed a new seed round of $1.5M this week. Primarily targeting migrant workers in Asia (for example, those working in Hong Kong and sending money back to relatives in the Philippines), Toast helps users save on fees a fraction of the cost of traditional bank…