Tag: Cross-Border Payments

Thunes advances global footprint with Greater China expansion

Cross-border payments firm Thunes has revealed plans to substantially speed-up its expansion in Greater China as it deepens its global operational footprint.

Taptap Send lands $65m to advance fight against global financial inequality

Cross-border financial platform Taptap Send has reeled in $65m from a Series B funding round led by Spark Capital.

Singapore and Malaysia foster financial synergies with payments linkage

Singapore and Malaysia are set to begin a phased linkage of their two payment systems to support faster transactions between the two countries.

Currencycloud appoints CTO and COO to continue rapid growth

Cross-border payments company Currencycloud has bolstered its senior team with the appointment of a new chief operations officer and chief technology officer.

Routefusion bags $3.6m to aid its product expansion

Routefusion, which enables companies to embed cross-border payments within their applications, has scored $3.6m in its seed round.Silverton Partners served as the lead investor,...

FSB publishes roadmap to enhance cross-border payments

The Financial Stability Board (FSB) has published a roadmap to enhance cross-border payments, which will be delivered to G20 finance ministers and central bank governors at a October 14 meeting.

Flywire rakes in funding and acquires healthcare business

Cross-border payments company Flywire has bagged $120m in its Series E as it looks to move into more verticals including education, healthcare and travel.

Currencycloud collects £10m grant to support cross-border payments

Cross-border payments provider Currencycloud has received a £10m grant to support SMEs as part of the Banking Competition Remedies (BCR) programme.

Payments challenger Airwallex confirms unicorn status with DST Global-led Series C...

Cross-border payments challenger Airwallex has confirmed its unicorn status by passing a $1bn valuation through its latest funding round.

European Commission fines MasterCard €570m for antitrust breach

The European Commission has fined MasterCard €570m for breaching EU antitrust rules. Mastercard was fined due to it ‘limiting the possibility for merchants to benefit...

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