Remittances

Currencycloud, FxPro partner to launch new e-money business

Cross-border payments firm Currencycloud has partnered with global broker FxPro to offer a new e-money service called BnkPro.

Trendyol secures Decacorn status following Softbank-backed funding round

Turkish e-commerce platform Trendyol has become Turkey’s first Decacorn company after recent funding of $1.5bn lifted its valuation to $16.5bn.

Paysafe fortifies payments footprint with PagoEfectivo acquisition

UK specialised payments platform Paysafe has entered an agreement to purchase alternative payments platform PagoEfectivo for an undisclosed fee.

B2B payments provider Reserve Trust notches $30.5m to drive next stage of growth

FinTech trust company Reserve Trust, which has a Federal Reserve master account, secured a $30.5m Series A investment in a round led by QED Investors.

Rapyd snares $300m Series E to accelerate growth and acquisitions

US payments network Rapyd has secured $300m from a Series E funding round led by Target Global.

Kenya’s Wapi Pay banks a $2.2m pre-seed round to ease remittances between Africa and...

Wapi Pay, based in Singapore and headquartered in Kenya has raised $2.2m in pre-seed funding to scale up global payments and remittances between Africa and Asia.

Airtel Africa continues funding spree with fresh investment

Airtel Africa continues its funding spree with it reportedly closing a fresh $200m investment from Qatar Holding, an affiliate of sovereign wealth fund Qatar Investment Authority.

Token driving UK open banking payments expansion, research finds

Market share statistics by CMA9 – the nine largest UK banks – has found open banking platform Token is driving the adoption of open banking payments in the country.

Goldman Sachs, Fiserv team to unveil B2B payments facility

US FinTech firm Fiserv and Goldman Sachs have introduced their first product offering from its ongoing strategic partnership.

Thunes purchases Limonetik to speed-up global payment collection roll-out

Singaporean cross-border payments firm Thunes has acquired European payment methods platform Limonetik for an undisclosed fee.

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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