Tag: Foreign Exchange
Revolut unlocks main app for UK teens aged 16–17
Revolut has broadened access to its core retail app for UK-based 16- and 17-year-olds, in a move aimed at supporting financial independence during the transition to adulthood.
Okoora and Tkambio unite to power US FX expansion
Okoora has partnered with Tkambio USA to strengthen foreign exchange (FX) infrastructure in the U.S., as the FinTech firm continues its expansion across the American market.
Bloomberg and CME boost FX transparency with BFIX upgrade
Bloomberg Index Services Limited (BISL) has partnered with CME Group to incorporate EBS Market’s Spot FX transactions into the Bloomberg FX Fixings (BFIX) benchmark, aiming to provide greater transparency and liquidity to global currency markets.
Okoora and DashDevs power embedded FX for FinTechs
Okoora and DashDevs have joined forces to simplify the delivery of embedded foreign exchange (FX) infrastructure within digital financial products.
Tensec bags $12m to modernise SMB cross-border finance
Tensec, a company focused on transforming cross-border financial services, has raised $12m in a seed funding round aimed at disrupting the $190tn global payments...
MuchBetter and NatWest team up to transform B2B banking with new...
MuchBetter has partnered with UK banking giant NatWest to boost its B2B arm, MuchBetter Business (MBB), marking a major step forward in delivering banking solutions for underserved industries and specialised sectors.
ALT21 bags $12.5m Series A funding to drive FX innovation
ALT21, a financial technology firm specialising in foreign exchange (FX) transactions, hedging, and payments, has raised $12.5m in an oversubscribed Series A funding round.
Nium fuels cross-border payments revolution in Latin America
Nium, a leader in real-time cross-border payments, is intensifying its footprint in Latin America, advancing its commitment to transform the global payments ecosystem in this key area.
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.










