Tag: Remittance
Western Union supports money transfers in Vietnam with MoMo
Multinational financial services firm Western Union has signed a collaboration deal with MoMo to facilitate money transfers in Vietnam.
International digital remittances volume to exceed 2 billion by 2027
The total volume of international digital remittances will exceed two billion in 2027, up from just over 1.1 billion in 2022, according to a report from Juniper Research.
Social payments platform CHEQ collects $8m seed
CHEQ, which identifies itself as the world first social payments platform, has raised $8m in its seed funding round.
Wayapay launches remittance app for immigrants from Africa
Wayapay, a remittance service tailored to the needs of immigrants from Africa, has reportedly launched its full-service digital bank and money transfer app.
Ripple brings remittance service to Brazil’s Travelex Bank
Ripple, a blockchain and cryptocurrency solution, has announced the launch of its On-Demand Liquidity (ODL) service in Brazil with Travelex Bank.
UK FinTech giant Revolut to launch in 5 more countries
UK FinTech giant Revolut has geared up for a launch in five new countries, which will go live over the coming couple of months.
Why FinTechs are helping to democratise corporate remittance
A recent blogpost by Currencycloud has detailed how the FinTech sector is helping to level the playing field in the corporate remittance market.
Spoko.app said to raise €5m in its new funding round
International money transfer app Spoko.app has reportedly collected €5m in funding from its strategic investor FinTech Ventures S.A.
Mobile wallet MoMo closes $100m in its Series D round
Vietnamese mobile payments app MoMo has raised $100m in a Series D funding round.
LatAm-focused remittance platform Valiu secures $5.25m in seed round
Money exchange platform Valiu has scored $5.25m in its seed round, as it continues its ambition of financially empowering people in Latin America.
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