Soldo bags $11m in Series A led by Accel
London-based Soldo bags an $11m Series A funding round led by Accel.
4xLabs picks up $1.5m for currency trading tech
Currency exchange software startup 4xLabs has raised $1.5m in a pre-Series A round led by Dymon Asia Ventures.
Wyre scoops up Chinese remittance startup Remitsy
Blockchain-based cross-border payments startup Wyre is acquiring Beijing-based business payments service Remitsy. The financial terms of the deal are undisclosed.
Airwallex scoops up $13m to take B2B remittances global
Australian cross-border payments service Airwallex has landed $13m in a round led by Chinese web giant Tencent. Sequoia Capital China, MasterCard and existing backer Gobi Ventures also participated.
Euronet makes $1bn bid to take MoneyGram from Ant Financial
A bidding war seems on the cards over remittances service MoneyGram as Kansas-based electronic payments firm Euronet Worldwide attempts to swoop in on Ant Financial $880m acquisition.
GV backs cross-border payments service Currencycloud
Cross-border payments technology platform Currencycloud has picked up £20m from Alphabet’s venture arm GV (formerly Google Ventures).
BitPesa nabs $2.5m for pan-African digital payments
Pan-African digital currency payments startup BitPesa has secured $2.5m in a Series A round to expand across the UK, Europe and West and Southern Africa.
Ant Financial buys US remittance firm MoneyGram for $880m
Chinese FinTech giant Ant Financial is acquiring US money transfer service MoneyGram in an $880m deal. Ant Financials’ core product is payments service Alipay.
Transfast lands $40m credit facility from Comvest Partners
Cross-border payment provider Transfast has picked up a $40m credit facility from investment firm Comvest Partners.
Wyre grabs $5.8m for blockchain-powered remittances
Blockchain-based cross boarder payments service Wyre has picked up $5.8m in a Series A round of funding from a combination of Chinese and US investors.
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