Western Union reportedly looking to acquire MoneyGram
American money transfer firm Western Union has reportedly made an offer for fellow remittance company MoneyGram International.
Real estate finance firm Lev bags $10m in a seed round
NYC-based online commercial real estate financing transaction platform, Lev raised $10m in seed funding.
Sokin brings digital payments wallet to remittance giant India
Next-generation payments provider Sokin has launched its digital payments wallet in India, a market that generates a huge $87bn in remittances per year.
FinTech Acquisition Corp acquires Intermex Wire Transfer
FinTech Acquisition Corp has acquired and merged with Intermex Wire Transfer, from its owner Stella Point Capital.
TerrayPay, Beyon Money partner to improve remittance in Bahrain
Global payments infrastructure company TerraPay has teamed up with financial super app Beyon Money to help remitters in Bahrain.
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.
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.