Remittances

Africa gets a new FinTech unicorn as Chipper Cash joins the club

Cross-border payments company Chipper Cash has become a FinTech unicorn after a $150m Series C extension round pushed its valuation just above $2bn.

Paymynt Financial unveils new blockchain-based multicurrency smart card

Boston-based FinTech company Paymynt Financial said to launch MYNT PayCard, a multicurrency hardware wallet.

What will the European payments industry look like in 2030?

A recent study by card issuing platform Marqeta has examined the potential roadblocks and innovations that may arise over the next decade in the payments industry.
Canadian singer The Weeknd invests into Pomelo to help families safely send money internationally

Canadian singer The Weeknd invests into Pomelo to help families safely send money internationally

Pomelo, which combines credit and international credit and international money transfer, has netted $5m in seed funding to support the launch of its services.

CBDCs to create ‘inevitable changes’ to payments landscape, McKinsey warns

A report by McKinsey has outlined the key challenges financial companies facing from the rise of central bank digital currencies (CBDCs).

Why FinTechs are helping to democratise corporate remittance

A recent blogpost by Currencycloud has detailed how the FinTech sector is helping to level the playing field in the corporate remittance market.

Airwallex hits $4bn valuation after second investment round this year

PayTech unicorn Airwallex has been valued at $4bn following the close of an oversubscribed Series E round, which comes just months after it closed a Series D extension.

Utah based payment company Clicklease hauls in $63m in Series A Funding

UT-based FinTech company providing payment solutions in the commercial equipment space Clicklease raised $63m in Series A funding led by Sandlot Partners.

UK contactless payment limit set to climb to £100 by October 2021

People in the UK will be able to make contactless payments up to a new limit of £100 from the 15th of October 2021.

Fiserv, Selecta partner to bolster cashless payments footprint in EU

FinTech firm Fiserv has collaborated with self-service retailer Selecta to enhance and streamline digital payments across Selecta’s points-of-sale.

News Stories

What do financial services companies need to know about carbon accounting?

What do financial services companies need to know about carbon accounting?

Carbon accounting is a method of calculating the amount of greenhouse gases (GHGs) an organisation emits, whether it is directly or indirectly. Through this, companies are better placed to understand the climate impact and establish goals on how they can reduce it. As the number of ESG regulations continues to increase, carbon accounting could become an increasingly vital part of meeting compliance.
FXBO and BridgerPay forge new path in FinTech with strategic partnership for enhanced payment solutions

FXBO and BridgerPay forge new path in FinTech with strategic partnership for enhanced payment...

FX Back Office (FXBO), a specialist in forex CRM solutions, has entered into a strategic partnership with BridgerPay, a renowned payment operations platform.
Revolut teams up with Visa to launch innovative debit card vending machine at National University of Singapore

Revolut teams up with Visa to launch innovative debit card vending machine at National...

Revolut, a leading FinTech company, has innovated yet again by introducing a debit card vending machine at the National University of Singapore (NUS).
dLocal and Zepz forge strategic partnership to enhance cross-border payments in emerging markets

dLocal and Zepz forge strategic partnership to enhance cross-border payments in emerging markets

 dLocal, a leading cross-border payment platform, and Zepz, the parent company of prominent remittance brands WorldRemit and Sendwave, have announced a strategic partnership aimed at improving payment efficiencies across emerging markets in Africa, Asia, and Latin America.
Tranched secures $3.4m funding to revolutionize asset-based financing with blockchain

Tranched secures $3.4m funding to revolutionize asset-based financing with blockchain

Tranched, a London-based FinTech company, has successfully raised $3.4m in pre-Seed funding. This round was spearheaded by Speedinvest and saw participation from influential investors including...

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