Tagged: digital money transfer

Digital Money Transfer Service Azimo Signs €20 Million Venture Debt Deal With European Investment Bank

The European Investment Bank (EIB) announced on Tuesday it has signed a €20 million venture debt deal with digital money transfer service, Azimo. EIB reported that the financing is supported by the European Fund for Strategic Investments (EFSI), the financial pillar of the Investment Plan… Read More

WorldRemit Appoints Sophie Krishnan as New Chief Operating Officer

WorldRemit, a UK based Fintech in the digital money transfer sector, announced on Tuesday it has appointed Sophie Krishnan as its new Chief Operating Officer. According to WorldRemit, Krishnan has held senior management roles at consumer-facing disruptors like Expedia and Trainline, where she led product,… Read More

MoneyGram Teams Up With Visa to Launch New Debit Card Deposit Service

Digital money transfer service MoneyGram (NASDAQ: MGI) announced on Monday it has teamed up with Visa to launch a new debit card service. MoneyGram reported that the money transfer option will allow customers in the U.S. to send money domestically through its mobile app or… Read More

Ripple Announces New Strategic Partnership & $50 Million Stake With Money Transfer Service MoneyGram

Ripple, a provider of enterprise blockchain solutions for payments, announced it has formed a new strategic partnership with money transfer service, MoneyGram. Ripple has also taken a $50 million stake in MoneyGram in a push to deploy XRP. Ripple reported that through the new collaboration,… Read More

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