Remittances

Nium, a global leader in real-time cross-border payments, has announced a partnership with Emirates NBD that aims to transform global cross-border payments in the Middle East.

Cross-border payment provider Transfast has picked up a $40m credit facility from investment firm Comvest Partners.

Paysend, an international remittance platform, has raised $20m in a funding round led by MARCorp Financial.

Cross-border payments company Flywire has bagged $120m in its Series E as it looks to move into more verticals including education, healthcare and travel.

Cross-border payment platform dLocal has joined Latin America’s growing list of FinTech unicorns, following the close of a $200m round.

Israeli FinTech Rewire closed a $20m Series B funding round led by crowdfunding platform OurCrowd to expand its cross-border international banking service for migrant workers.

Swedish payments firm Trustly intends to list its shares on the Nasdaq Stockholm exchange.

International payments provider Vitesse has picked Alessa by Tier1 Financial Solutions to help enable secure real-time global payment transactions.

The Philippines Central Bank and the Monetary Authority of Singapore have singed a cooperation agreement to support payments between the two countries.

Majority, a mobile bank for migrants, has scored $37.5m in a Series B funding round headed by Valar Ventures.