Remittances

Zaver banks $5m to facilitate cardless and BNPL payments in the durables sector

Zaver, a Swedish FinTech enabling merchants to accept cardless payments and offer buy-now-pay-later (BNPL) services, raised $5m in new funding.

Y Combinator-backed Cashfree lands funding from SBI for its payment platform

Digital payments and banking technology company Cashfree received an undisclosed funding amount from the State Bank of India (SBI) at a valuation of around $200m.

Boku eyes simplified mobile payments market with new network launch

Carrier billing business Boku has unveiled a mobile payments network that it claims will reach 5.7bn payment accounts in 90 countries.

UK FinTech giant Revolut to launch in 5 more countries

UK FinTech giant Revolut has geared up for a launch in five new countries, which will go live over the coming couple of months.
Western Union supports money transfers in Vietnam with MoMo

Western Union supports money transfers in Vietnam with MoMo

Multinational financial services firm Western Union has signed a collaboration deal with MoMo to facilitate money transfers in Vietnam.
Visa, a global payment provider, has announced the launch of its open banking offering in the US, through its recently acquired vendor Tink.

Visa launches open bankng offering in the US through Tink

Visa, a global payment provider, has announced the launch of its open banking offering in the US, through its recently acquired vendor Tink.
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Small World passes 50 million transactions milestone

UK remittance service Small World FS has reached a new milestone having processed more than 50 million cross-border payments to date.

Carlton Group bags strategic investment from H.I.G. Capital

SaaS-based solution developer Carlton Group has bagged an undisclosed strategic investment from H.I.G. Capital.

Ripple invests $50m into fellow money transfer company MoneyGram

Ripple has invested $50m into MoneyGram, a fellow money transfer company.

Wave Money scores $73.5m in funding from Ant Financial

Digital remittance service Wave Money has formed a strategic partnership from Ant Financial Services, which includes a $73.5m investment.

News Stories

Over $3bn raised in this week's 29 FinTech funding rounds

Over $3bn raised in this week’s 29 FinTech funding rounds

Over $3bn was raised by FinTech companies this week, supercharged by a colossal €1.5bn raised by UK-based SumUp. 
Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena, a pioneering FinTech company known for its cloud-native, API-led microservices-based multi-product platforms, has appointed Rajesh Mehta to its Growth Advisory Board.
League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League Data and Mambu have embarked on a groundbreaking journey to transform the Canadian financial landscape by introducing advanced cloud banking solutions to credit unions.
Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint, known as the world's most accurate device intelligence platform, is partnering with Oscilar, a leader in AI-driven risk and fraud management.
Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English, an online English-learning platform operating in over 30 countries, and dLocal, a leading cross-border payment platform specializing in high-growth markets, have recently announced a significant partnership.

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