Tag: Cross-Border Payments

Sunrate, an "intelligent global payment and treasury management platform," has confirmed the successful closure of its extended series D (series D-2) funding round.

MODIFI, a global business payments firm specialising in cross-border B2B transactions, has announced a new funding round. This fast-growing FinTech enterprise, established in 2018, is known for providing instant payment solutions to suppliers and offering payment deferment options to buyers for up to 180 days.

Inpay, the Denmark-based international payments provider, has clinched an Electronic Money Institution (EMI) licence from the Danish Financial Supervisory Authority (FSA), marking a FinTech breakthrough in Scandinavia by integrating EMI, Payment Service Provider (PSP), and Third Party Provider (TPP) capabilities.

Thunes, a global B2B payment infrastructure platform, has revealed some impressive growth milestones today.

NomuPay, a FinTech committed to streamlining global payment processes, has secured funding to fuel its ambitious expansion plans.

XFlow, a dynamic startup specialising in B2B cross-border payments solutions, has recently secured an impressive $10.2m in a pre-Series A funding round.

Global spend on B2B cross-border payments is expected to exceed $40trn by the end of 2024, rising from $27trn in 2022, according to a report from Juniper Research.

Fleetcor Technologies, a business payments firm, has completed the acquisition of cross-border payments company Global Reach.

UK-cross border retail has declined by 71%, according to research by payments platform Adyen.

A report by FinTech Rapyd has found 93% of businesses see cross-border commerce as a high priority for 2022 and beyond.