Tag: Foreign Exchange
Are payment service providers equipped to ride the cross-border e-commerce wave?
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 wraps up $6.3m seed round
Bound, which hopes to make currency hedging simple for SMEs, has secured $6.5m, in its seed funding.
UK passes bill aimed at protecting against harmful foreign investments
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.
Will the EU bring spot FX contracts into the scope of...
Foreign exchange (FX) trading is one of the largest markets in the world, but there are still gaps in regulation.
Ex-footballer Rio Ferdinand buys stake in FinTech Sokin
Ex-footballer Rio Ferdinand has bought a stake in PayTech company Sokin as the startup eyes launch later this year.
Kyriba forms strategic partnership with WorldFirst
Kyriba, a treasury and financial management provider, has formed a strategic partnership with foreign exchange WorldFirst.
Kooltra raises CAD $6.5m in funding to support expansion plans
Kooltra, a platform helping financial institutions to automate foreign exchange operations, has bagged CAD $6.5m ($5m) in funding.
Canada-based Payment Rails closes new round of funding
Canada-based Payment Rails has closed an undisclosed funding round, bringing total capital raised to date to $1.1m.
WeSwap seeks expansion to Asia after £8m Series B
Travel money transfer platform WeSwap closes £8m Series B funding round led by IW Capital, to aid Asian market expansion.
Spark Systems pulls in $5m for faster forex platform
Singapore-based foreign exchange startup Spark Systems has raised $5m in a new round of funding.