Tag: Remittances

International payment solution and infrastructure developer Currencycloud will help Bano, a new Australia-based financial superapp, launch its FX Converter tool to make remittances easier.

Currencycloud, which builds international payment solutions and infrastructure, has teamed up with Switzerland-based Velanis AG to support the launch of Swinto.

Founded in 2012, Currencycloud has been in the cross-border payments space for almost a decade now. Since its launch, the company has expanded beyond its native UK market and following its recent acquisition by Visa, is looking far beyond its shores to complete its mission of making the movement of money easier.

Next-generation payments provider Sokin has launched its digital payments wallet in India, a market that generates a huge $87bn in remittances per year.

Payments provider Sokin has teamed with Visa to roll-out its global currency account and debit cards across Asia Pacific.

A report by FinTech Rapyd has found 93% of businesses see cross-border commerce as a high priority for 2022 and beyond.

A new blogpost by Currencycloud has underlined how the coronavirus pandemic and the restrictions put in place due to it has led to the massive growth of digital remittances.

Payments provider Sokin has entered the Canadian remittances sector to help support the country’s growing migrant population with cheaper money transfers globally.

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

Global remittance service provider Remitly has collected an equity investment from Visa, which will help extend their partnership.