Tag: Foreign Exchange

Ebury, the global FinTech giant, proudly declares its successful acquisition of Bexs Group. The Central Bank of Brazil has given the green light to this strategic partnership, which encapsulates both Bexs Banco, specialising in foreign exchange, and Bexs Pay, a name synonymous with payments.

A recent blogpost by Currencycloud has underlined how payment service providers (PSPs) and acquiring banks are best served to aid the growing cross-border e-commerce market.

Bound, which hopes to make currency hedging simple for SMEs, has secured $6.5m, in its seed funding.

The UK government has passed a bill that would give it the ability to intervene in foreign direct investments that could negatively impact the country.

Foreign exchange (FX) trading is one of the largest markets in the world, but there are still gaps in regulation.

Ex-footballer Rio Ferdinand has bought a stake in PayTech company Sokin as the startup eyes launch later this year.

Kyriba, a treasury and financial management provider, has formed a strategic partnership with foreign exchange WorldFirst.

Kooltra, a platform helping financial institutions to automate foreign exchange operations, has bagged CAD $6.5m ($5m) in funding.

Canada-based Payment Rails has closed an undisclosed funding round, bringing total capital raised to date to $1.1m.

Travel money transfer platform WeSwap closes £8m Series B funding round led by IW Capital, to aid Asian market expansion.