Remittances

Ebury, a European FinTech helping to simplify international trade, has announced its sponsorship with Serie B team Parma Calcio 1913 for the rest of the 2022/23 football season.

Cross-border payments firm Currencycloud has teamed with Lemonade Finance to provide immigrants and companies with a simpler experience for sending money home to Africa.

Papaya Global, the global people management platform for the remote working era, has agreed to acquire Azimo, global digital cross-border payments service.

Currencycloud has teamed with Moov, a developer platform focused on payments, in order to bolster payment capabilities for each other’s customers.

Founded in 2012, Currencycloud has been in the cross-border payments space for almost a decade now. Since its launch, the company has expanded beyond its native UK market and following its recent acquisition by Visa, is looking far beyond its shores to complete its mission of making the movement of money easier.

Next-generation payments provider Sokin has launched its digital payments wallet in India, a market that generates a huge $87bn in remittances per year.

Hubpay, a digital money wallet, has scored $20m in its Series A funding round, which was led by Signal Peak Ventures.

Currencycloud has teamed with Instajet, a private jet community looking to redefine private aviation, in order to offer the latter a fixed pricing model and safeguarding of its transactions.

Virtual IBAN and corporate account provider Monneo has partnered with Kantox to offer currency management automation on cross-border payments.

Payments provider Sokin has teamed with Visa to roll-out its global currency account and debit cards across Asia Pacific.