Currencycloud, FxPro partner to launch new e-money business
Cross-border payments firm Currencycloud has partnered with global broker FxPro to offer a new e-money service called BnkPro.
Western Union reportedly looking to acquire MoneyGram
American money transfer firm Western Union has reportedly made an offer for fellow remittance company MoneyGram International.
Weavr bags £7m funding to speed up internalisation, product development
Banking and payments software startup Weavr has secured £7m in a seed funding round led by VC firm Headline.
Cross-border QR payments introduced in Thailand, Indonesia in pilot trial
A trial conducted by central banks in Thailand and Indonesia will see the implementation of cross-border QR payments across both countries.
What do these 28 FinTech rounds from last week reveal about the industry
Last week week saw 28 FinTechs close investment deals. Three sectors in particular proved especially successful.
Hummingbird Ventures backs neobank Vance in seed round
India-based global neo-banking platform Vance has raised $5.8m in a seed round led by Hummingbird Ventures.
Currencycloud partners with Australian FinTech Bano for new FX Converter tool
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.
Ant Financial co-leads RMB1bn round for Chinese logistics, FinTech provider Keking
Alibaba's Ant Financial has co-led an RMB1bn ($144m) Series C financing round for Chinese logistics and FinTech business Keking.
LianLian Pay said to secure $146m in funding from Sequoia, Boyu
China-based payment service provider LianLian Pay has reportedly raised $146m in its latest investment round.
dLocal becomes Uruguay’s first FinTech unicorn after closing new funding round
Cross-border payment platform dLocal has joined Latin America’s growing list of FinTech unicorns, following the close of a $200m round.