Higlobe, a solution for international payment transfers, has scored $14m in funding to expand its technology and launch into new markets.
CHEQ, which identifies itself as the world’s first social payments platform, has raised $8m in its seed funding round.
Wayapay, a remittance service tailored to the needs of immigrants from Africa, has reportedly launched its full-service digital bank and money transfer app.
Payall, a bank processor for cross-border payments and international money transfers, has closed a $10m seed round led by Andreessen Horowitz (a16z).
Majority, a mobile bank for migrants, has scored $37.5m in a Series B funding round headed by Valar Ventures.
UK FinTech giant Revolut has surpassed 20 million retail customers around the world and is processing over 250 million transactions each month.
Ripple, a blockchain and cryptocurrency solution, has announced the launch of its On-Demand Liquidity (ODL) service in Brazil with Travelex Bank.
Currencycloud has teamed with Future FinTech Labs to launch Tempo, a remittance app, to offer US-based immigrants a simpler way to send money.
Remitly Global, a global digital financial services provider for immigrants and their families, is to acquire Rewire, an Israeli financial service platform for migrant workers.
Indonesia-based digital wallet DANA has closed a funding round from Sinar Mas and leading e-Commerce company Lazada Group.