Remittances

XTransfer said to raise its Series C1 round

China-based XTransfer has reportedly raised a Series C1 round to help the FinTech extend its global financial network.
EverBank and Finzly have forged a strategic partnership aimed at transforming the bank's payment processing system.

EverBank partners with Finzly to revolutionise payment processing

EverBank and Finzly have forged a strategic partnership aimed at transforming the bank's payment processing system.
Mastercard, a global leader in payment technology, has launched an open banking-powered solution which seamlessly integrates into consumer banking applications for financial institutions.

Mastercard simplifies subscription management with open banking-powered solution

Mastercard, a global leader in payment technology, has launched an open banking-powered solution which seamlessly integrates into consumer banking applications for financial institutions.

How payment companies struck gold among the 51 rounds raised last week

Our weekly roundup of the big FinTech trends from the past seven days is all you need to keep yourself updated on what’s happening in the industry.
ila Bank joins BUNA for multi-currency transfers

ila Bank joins BUNA for multi-currency transfers

ila Bank, a trailblazer in Bahrain's digital banking sector and a subsidiary of Bank ABC, has recently announced its collaboration with BUNA, the Arab Monetary Fund's innovative cross-border and multi-currency payment system.

FSB publishes roadmap to enhance cross-border payments

The Financial Stability Board (FSB) has published a roadmap to enhance cross-border payments, which will be delivered to G20 finance ministers and central bank governors at a October 14 meeting.

Cross-border QR payments introduced in Thailand, Indonesia in pilot trial

A trial conducted by central banks in Thailand and Indonesia will see the implementation of cross-border QR payments across both countries.

Healthcare FinTech firm Green Feather picks up $1.5m to provide flexible payment options

Healthcare financial technology startup that spun off of Ally Commerce Inc. Green Feather raised a $1.5m seed round.

Mobile-payments platform Mamo Pay said to raise $8m in pre-Series A funding

Mamo Pay, which simplifies the process of sending and receiving payments, has reportedly collected $8m in its pre-Series A funding round.
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Cryptocurrency remittance service Bitspark closes round from RGAx

Hong Kong-based remittance service Bitspark has closed a funding round from RGAx.

News Stories

How to identify the best ESRS solution for you

How to identify the best ESRS solution for you

The European Sustainability Reporting Standards (ESRS), which came into effect at the start of the year, brings significant changes to Environment, Social and Governance (ESG) related reports. The regulation brings new reporting requirements that can easily become complex if not using the right tools. The question is, what are the hallmarks of a good ESRS tool?
SAVR secures strategic backing from Incore Invest to enhance Nordic investment platforms

SAVR secures strategic backing from Incore Invest to enhance Nordic investment platforms

Incore Invest, a European investment firm known for supporting emerging FinTech ventures, has increased its investment in SAVR, a trailblazing FinTech company based in Sweden.
CUBE

CUBE bolsters regulatory expertise through Reg-Room acquisition

CUBE has announced its acquisition of Reg-Room, a prominent regulatory intelligence provider catering to the financial services sector.
Apis Growth Fund I celebrates successful exit from PayTech Adumo

Apis Growth Fund I celebrates successful exit from PayTech Adumo

Apis Growth Fund I, a private equity fund managed by Apis Partners, a UK-based asset manager, will have fully exited its position in South African merchant acquirer Adumo following Adumo’s acquisition by South African FinTech Lesaka Technologies, announced yesterday.
Numeric secures $10m in Seed funding to revolutionise accounting automation

Numeric secures $10m in Seed funding to revolutionise accounting automation

Numeric, an AI-powered accounting automation firm based in San Francisco and New York, has successfully secured $10m in a Seed funding round.

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