Tag: Foreign Exchange

Brazil’s FinTech landscape reshaped: Ebury takes over Bexs Group

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.

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.

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