Tag: Cross-Border Payments

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...

Wallex said to close pre-Series A round led by Beenext

Cross-border payments Wallex has reportedly raised a pre-Series A funding round, for an undisclosed amount.

Airwallex closes $80m Series B to support international expansion efforts

International payments provider Airwallex has closed a Series B funding round on $80m. The round picked up commitments from existing backers Tencent and Sequoia China....

Equistone Partners acquires majority stake in cross-border payment provider Small World

Private equity house Equistone Partners Europe has agreed to pick up a majority stake in cross-border payments services provider Small World Financial Services.

Eurogiro partners with cross-border payments company Inpay

Cross-border payments company Eurogiro has partnered with Denmark-based payments technology platform Inpay.

Payments processing company EBANX nets $30m round

Brazil-headquartered payments processor EBANX has netted a $30m investment from FTV Capital.

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