Ripple brings remittance service to Brazil’s Travelex Bank
Ripple, a blockchain and cryptocurrency solution, has announced the launch of its On-Demand Liquidity (ODL) service in Brazil with Travelex Bank.
Automatic savings app Jar hits $300m valuation
Automatic savings app Jar has reportedly collected $22.6m in its Series B round, which values the company at $300m.
Currencycloud teams with FTFT Labs to launch remittance app
Currencycloud has teamed with Future FinTech Labs to launch Tempo, a remittance app, to offer US-based immigrants a simpler way to send money.
AToB raises $155m to transform finance in trucking
AToB, which is revolutionising the trucking industry financial ecosystem, has closed its Series B funding round on $155m.
UK asset manager Abrdn snaps up stake in Archax
Abrdn, a UK asset management firm, has purchased a stake in Archax, the only digital securities exchange to be regulated in the UK.
Temenos to help digitise banking at North International Bank
Open banking platform Temenos will supply its services to North International Bank (NIBank) to enable digital services for its retail banking and private wealth operations.
3 year break from pension schemes could have major impact on retirement
The number of savers opting out of their company pension scheme has increased by 29% from March to July this year, according to a report from digital pensions platform Penfold.
Klarna launches new purchase history dashboard for UK customers
Swedish buy now, pay later giant Klarna has launched a new feature for UK consumers that will let them see their full online purchase history, regardless of whether they are purchased using Klarna.
India-based neobank Fi Money scores additional Series C funding
India-based neobank Fi Money has reportedly collected an additional $17m for its Series C funding round.
Tiger Global backs Jodo’s vision for India’s education payments
Jodo, a Bangalore-based FinTech that helps families pay tuition fees, has raised $15m in Series A funding.