Tag: cross border banking

EUDI Wallet use cases: from KYC to payments and lending

Remote onboarding has become one of the biggest friction points in financial services, even as regulators continue to tighten expectations around AML compliance. Many...

Airwallex lands $330m to boost AI finance platform

Airwallex, a global financial platform for modern businesses, has raised fresh capital of $330m strengthen its international expansion and accelerate product innovation. Founded in Australia...

DeepL reveals rise of AI in financial services

Artificial intelligence is reshaping how banks and FinTech firms communicate with customers across borders, according to new research from DeepL.

Munify raises $3m to boost digital banking for Egyptians abroad

Cairo-based FinTech Munify, which focuses on cross-border digital banking solutions for Egyptians living abroad, has secured $3m in a seed funding round.

Loop Financial raises $6.4m CAD, pioneering solutions for international business finance

Loop Financial, a dynamic FinTech startup, has recently surpassed a significant funding milestone, raising over $10m CAD in total equity financing.

HSBC launches multi-currency wallet for international payments

Banking giant HSBC Bank USA launched a multi-currency digital wallet dubbed ‘HSBC Global Wallet’ that enables businesses to make international payments from one single global account.

Y Combinator-backed Afriex bags $1.2m in a seed round

FinTech firm Afriex secured a $1.2m in a seed funding round with an aim to scale its payments and remittances platform across Africa.

TerraPay expands to USA and Canada to ease real-time cross-border payments

Digital payment provider TerraPay will now offer real-time bank payments in the USA and Canada to facilitate better cross border remittances.

Neobank Zolve raises $15m to ease financial services for migrants

Neo-banking fintech startup Zolve has raised $15m in a seed funding round to scale up its front-end banking solutions to migrants from India to the US, and across the world.

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