Tag: Remittance

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.

CHEQ, which identifies itself as the world first social payments platform, has raised $8m in its seed funding round.

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, 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 has geared up for a launch in five new countries, which will go live over the coming couple of months.

A recent blogpost by Currencycloud has detailed how the FinTech sector is helping to level the playing field in the corporate remittance market.

International money transfer app Spoko.app has reportedly collected €5m in funding from its strategic investor FinTech Ventures S.A.

Vietnamese mobile payments app MoMo has raised $100m in a Series D funding 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.

Money remittance platform TransferGo has reportedly received a £4m credit facility, just months after securing a $10m investment round.