Payments & Remittances

Payments & Remittances

Azimo integrates with Facebook Messenger

International money transfer startup Azimo in integrating its service into Facebook Messenger to allow senders and receivers to connect through the social network of 1.65bn users.

MasterCard launches payments service for Chinese students

MasterCard is making it easier for Chinese users to pay for tuition and other costs in the US through a new partnership with online payments service Plastiq.

Fusebill nabs $6m for SME billing platform

Ontario-based Fusebill has raised $6m in a Series A round of funding. The capital for the SME subscription billing platform comes from individual backers.

Cross River receives $28m growth equity funding

Banking innovator Cross River Bank has bagged a $28m growth investment from investment firms Battery Ventures, Andreessen Horowitz and Ribbit Capital. Battery led the round...

Ant Financial buys US remittance firm MoneyGram for $880m

Chinese FinTech giant Ant Financial is acquiring US money transfer service MoneyGram in an $880m deal. Ant Financials’ core product is payments service Alipay.

Indonesian bill-payment app Ayopop secures $1m Seed round

Indonesian bill payments app Ayopop has secured $1m in a Seed round. Japanese early-stage VC Gree Ventures led the investment with angel backers also participating.

Online payments platform Transactive gets first investment

UK-based Transactive Systems has received its first investment with AngelRush committing $1.5m to help growth for the next generation of banking and financial services.

Marqeta closes Series C funding round on $25m

California-based Margeta has closed its Series C funding round on $25m, led by Visa.

Payments company NMI sells majority share to Francisco Partners

E-commerce payments company NMI has received an invested from private equity firm Francisco Partners, which gains a majority share. Bregal Sagemount has sold its holding...

WeSwap seeks expansion to Asia after £8m Series B

Travel money transfer platform WeSwap closes £8m Series B funding round led by IW Capital, to aid Asian market expansion.

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