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.