Tagged: transfers

February 2, 2023 @ 11:43 am By JD Alois  |  

Wise (LSE:WISE), a global transfers and payment platform that is also an emerging neobank, says that in Q3 FY 2023 its 5.8 million customers moved 28% volume or £26.4 billion, in comparison to the same quarter year prior. Wise said that for its third consecutive… Read More

January 31, 2023 @ 9:25 am By JD Alois  |  

Stellar blockchain proponents Tempo France and Armenotech have announced a partnership on payments and remittances, according to a note from the firms. Tempo France is an international money transfer system that recently utilized Stellar to power transfers in Europe and the Asia Pacific region. Tempo… Read More

December 15, 2022 @ 4:48 pm By JD Alois  |  

Airwallex has been selected by TripActions to power cross-border payments and currency exchange for TripActions Liquid, its corporate card, and expense management solution. Ravi Adusumilli, Global Head of Partnerships and General Manager of Americas at Airwallex, says identifying faster and safer ways to move and… Read More

December 13, 2022 @ 10:23 am By JD Alois  |  

Wise (LSE:WISE), a global Fintech enabling the movement of money and aspiring neobank, says it will boost its presence in the US to meet the increasing demand of its services. Based in London, Wise states that it plans to increase its headcount by 250 in… Read More

November 22, 2022 @ 7:01 pm By JD Alois  |  

Currencycloud has partnered with Quid Global to help power the company’s digital wallet, which will support the firm’s international expansion. Quid Global, launched in the UK in 2020 and now with offices in London, US, Switzerland, and Ireland, Quid aims to be the one-stop digital… Read More

October 23, 2022 @ 3:30 pm By JD Alois  |  

Uphold has been named the fastest-growing private company in the San Francisco Bay area by the SF Business Times. Uphold is a Fintech that leverages blockchain technology for transfers and payments as well as cryptocurrency trading. Based in the UK, Uphold has an SF outpost… Read More

September 27, 2022 @ 10:30 pm By João Vitor Menin  |  

When COVID-19 cases first appeared in late 2019, its contagion abilities were wildly unanticipated by world leaders, and it was ungracefully downplayed by mainstream media. This caused a subsequent uncontrollable outbreak that eventually dampened the quality of life for billions and dented economies across the… Read More

September 6, 2022 @ 3:44 pm By JD Alois  |  

Top Latin American crypto exchange Bitso is collaborating with Africhange, an African-Canadian remittance platform that aims to enable payments cross-border from Canada to Mexico. According to a corporate statement, Africhange first focused on transfers between Canada and Nigeria – having processed around CAD 70 million…. Read More

July 20, 2022 @ 9:41 am By JD Alois  |  

Wise, a global transfers, payments and stealth bank, has reported its Q1 2022 performance. According to the company, it facilitated over £24 billion in transactions during the quarter increasing 49% versus Q1 year prior. In comparison to Q4 2021, Wise delivered a 14% increase (£21.4… Read More

June 16, 2022 @ 6:15 pm By JD Alois  |  

Bitso, a Mexico-based crypto platform that claims to be the leading platform of its kind in Latin America, says it has completed $1 billion in remittances during the first 6 months of 2022. This represents 4X the same period in 2021. Currently, Bitso claims over… Read More

June 8, 2022 @ 8:32 am By JD Alois  |  

Currencycloud, a payments and transfer Fintech based in London, has received a license to operate in Australia granted by the Australian Securities and Investments Commission (ASIC). Currencycloud said it may now offer its “full suite” of services to Australian clients. This past January in advance… Read More

January 25, 2022 @ 10:47 pm By JD Alois  |  

Inter, a Brazilian financial “super app,” has announced it has been approved to acquire USEND, a service offering transfers and payments, as well as non-financial services to more than 150,000 customers across 40 US states. USEND’s digital money transfer platform lets users make international transactions… Read More

December 27, 2021 @ 4:33 pm By JD Alois  |  

Almond Finance, a blockchain-based funds transfer service, has raised $2 million in a seed round led by Morningside Group. Almond Finance, based in both Boston and Singapore, is targeting the B2B sector to connect financial institutions globally. Almond states that it offers a suite of… Read More

December 15, 2021 @ 11:23 am By JD Alois  |  

Wise (LSE:WISE) has completed research that concludes international banking undermines the effectiveness of small businesses to expand. A challenge that should come as no surprise to SMEs aiming to expand overseas. Wise states that “broken payments and banking technology remain a barrier to international ambitions.”… Read More

December 1, 2021 @ 11:39 am By JD Alois  |  

Wise (LSE:WISE), formerly doing business as Transferwise, has launched its “Wise Card” in Canada. Wise states that Canadians may now spend money around the world and shop online knowing they’re getting the best exchange rate along with low fees. Wise started as Fintech focusing on… Read More

November 18, 2021 @ 3:51 pm By JD Alois  |  

Bitso, a top crypto platform in Latin America that reports over 3.3 million users, has launched “Bitso Shift,” a service that allows Mexican people and companies to send and receive payments between Mexico and the United States. According to Bitso, Bitso Shift is targeting Mexican… Read More

August 12, 2021 @ 5:57 pm By JD Alois  |  

Wise, formerly doing business as Transferwise, continues to lower the fee it charges for its users. Earlier today, Wise announced that transfers in dollars, sent anywhere in the world, will now be charged at a lower rate. While banks continue to obfuscate and gouge, Wise… Read More

July 29, 2021 @ 9:34 am By JD Alois  |  

Global remittances firm RemitONE and Vyne, a payments platform, have partnered up on money transfers. According to a release, the partnership delivers 100+ remittance clients instant access to Vyne’s payment solution, to send remittances globally. Vyne uses Open Banking to move money in real-time between… Read More

July 21, 2021 @ 2:00 am By JD Alois  |  

Solda has raised $180 million in a Series C funding round led by Singapore-based Temasek. The European pay and spend automation platform reports that the investment round is the largest in its category to date. The funding round included new investors Sunley House Capital, Advent… Read More

July 1, 2021 @ 10:08 am By JD Alois  |  

OneFor, a Germany-based Fintech that is looking to disrupt incumbents in the payments and transfer sector, has announced the launch of its “borderless” service. OneFor promises to offer customers, cheaper, faster, and safer payments and transfers across Europe. According to a release, OneFor facilitates transfers… Read More