Remittances

Remitly Global, a global digital financial services provider for immigrants and their families, is to acquire Rewire, an Israeli financial service platform for migrant workers.

Indonesia-based digital wallet DANA has closed a funding round from Sinar Mas and leading e-Commerce company Lazada Group.

Ghana-based PayTech company Zeepay has reportedly raised $10m in a funding round.

Sudan-based Bloom, a FinTech which offers financial products aimed at improving the lives of East Africans, has raised $6.5m in a seed round.

Wave Mobile Money, a FinTech company that operates in Senegal and Côte d’Ivoire, has reportedly raised €90m debt funding.

UK FinTech giant Revout has launched its first hardware device as it moves into the in-person payment solution market.

Bill splitting app Steven has closed its crowdfunding campaign above its initial target of €600,000.

International payment solution and infrastructure developer Currencycloud will help Bano, a new Australia-based financial superapp, launch its FX Converter tool to make remittances easier.

Currencycloud, which builds international payment solutions and infrastructure, has teamed up with Switzerland-based Velanis AG to support the launch of Swinto.

UK FinTech giant Revolut has geared up for a launch in five new countries, which will go live over the coming couple of months.