myZoi raises $14m to bolster financial inclusion across UAE
myZoi has raised $14m and obtained two regulatory licenses from the Central Bank of the UAE, as it looks to bolster financial inclusion across the UAE.
UK bank employees international payments dissatisfaction
Only 51% of UK bank employees recommend their institutions' international payments services, according to a revealing survey commissioned by Wise. The findings underscore the pressing need for banks to revamp their cross-border payments solutions if they hope to stay competitive against dedicated international payment providers.
Neobank Zolve offers immigrant customers mobile plans
Zolve, a neobank for immigrants entering the US, has launched its own branded mobile phone plan service alongside Gigs.
Canadian FinTech Finofo attracts $1.25m for its unique FX automation tool
Finofo, a Canadian-based financial technology start-up, has emerged with a vision to streamline the often complex world of foreign exchange (FX).
Terrapay secures EMI in Italy, plans EU expansion
Terrapay has announced it has secured authorisation as an EMI in Italy, and now plans to expand its operation further into the EU.
Checkbook teams up with Zelle for faster and secure financial transactions
Checkbook, a comprehensive push payments platform, has revealed its latest payout option, an alliance with Zelle. This partnership is designed to offer Checkbook users a more seamless, trustworthy, and swift financial transaction experience.
FinTech giant FIS sells Worldpay to GTCR at $18.5bn valuation
FIS, a global leader in financial services technology, has made a strategic move to sell a majority stake in its Worldpay Merchant Solutions business to private equity funds managed by GTCR.
Utransfer of U Fintech Hub bags $4m in funding for global expansion
South Korean powerhouse, U Fintech Hub Inc., a renowned FinTech company, recently announced the successful completion of its latest funding round. The firm specialises in remittance services, operating the widely used Utransfer platform.
Molten Ventures reduces Revolut valuation by 40%
Molten Ventures, a prominent venture capital firm, has marked down the value of its stake in the FinTech enterprise Revolut by 40%, according to a report from Finextra.
E9pay, Currencycloud team up to revolutionise global fund transfers for South Korean merchants
South Korean money transfer operator (MTO), E9pay, has forged a strategic partnership with Currencycloud, a company specialised in simplifying business in a multi-currency world.
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