Currenc Group Inc said it has agreed to sell its 60% stake in Malaysian cross-border payments hub Tranglo Sdn Bhd to New Margin Holding Limited for $400 million in cash, marking the first completed step in the Nasdaq-listed fintech firm’s broader restructuring and value-unlocking plan…. Read More
Read more in: Asia, Fintech | Tagged Currenc, fintech, malaysia, New Margin Holding, singapore, tranglo
Tranglo is pleased to announce a partnership with TNG Digital Sdn Bhd that allows the Malaysian fintech giant “to expand its cross-border remittance services to millions of customers.” TNG Digital will leverage Tranglo’s network and infrastructure integration “to let its users send money directly from… Read More
Read more in: Global, Asia, Fintech | Tagged digital transactions, fintech adoption, fintech trends, malaysia, remittance payments, remittances, southeast asia, tng, tng digital, tranglo, virtual payments
Tranglo and Lulu Money have announced a partnership on cross-border payments. Tranglo currently processes 80% of its payments in real-time. LuLu Financial Holdings runs a proprietary Digit9 platform, an API-first model for remittance-as-a-service. The two companies say they will benefit from complementary strengths on international… Read More
Read more in: Blockchain & Digital Assets, Asia, Fintech, Global | Tagged jacky lee, payments, ripple, singapore, tranglo, transfers
Tranglo recently announced the launch of instant SEPA payments to Europe. It reportedly marks the company’s first large-scale expansion “in that region and comes amid an influx of cross-border funds in recent years.” As noted in the update, SEPA “facilitates over 43 billion transactions annually,… Read More
Read more in: Global, Asia, Fintech | Tagged Business Expansion, Cross-Border Transactions, europe, instant payments, jacky lee, payments, tranglo
UniTeller, a global remittance payments processor with head offices in the US, has reportedly extended its remittance services to more clients residing in the Asia Pacific by teaming up with Malaysia’s cross-border payments Fintech Tranglo. UniTeller’s partnership with Tranglo will enable UniTeller to continue expanding… Read More
Read more in: Asia, Blockchain & Digital Assets, Fintech, Global | Tagged cross-border payments, Cross-Border Transactions, digital transactions, dubai, international payments, jacky lee, jakarta, kuala lumpur, london, malaysia, payments, remittance payments, remittances, ripple, ripplenet, southeast asia, tranglo, united states, us
Cross-border payment hub Tranglo has launched its new cross-border payment corridor to Mongolia. They said it will aim to improve the cross-border payment services there via a single connection to regional corridors and local partners. According to World Bank estimates, remittance inflows to Mongolia made… Read More
Read more in: Asia, Fintech, Global | Tagged cross-border payments, jacky lee, mongolia, ripple, tranglo, xrp
Ripple has agreed to acquire a 40% stake in cross-border payments Fintech Tranglo, according to a public release. Tranglo, based in Malaysia but operates across Asia, reports 1300 partners having completed 20 million transactions at $4 billion in value. Tranglo claims to be one of… Read More
Read more in: Blockchain & Digital Assets, Asia, Fintech, Global | Tagged amir sarhangi, asean, asheesh birla, brooks entwistle, jacky lee, malaysia, ripple, tranglo, xrp
Malaysia-based Tranglo, a cross-border payment firm, has established four new payment channels that are connected to financial networks in Brazil, Ghana, Nigeria, and Uganda. The payment corridors mark the Fintech firm’s first entry into Sub Saharan Africa and Latin American (LatAm) regions. Tranglo’s management stated… Read More
Read more in: Asia, Fintech, Global | Tagged cross-border payments, digital payments, international payments, jacky lee, malaysia, remittances, tranglo
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