International payment transfer firm Higlobe lands $14m

Higlobe, a solution for international payment transfers, has scored $14m in funding to expand its technology and launch into new markets.

Social payments platform CHEQ collects $8m seed

CHEQ, which identifies itself as the world’s first social payments platform, has raised $8m in its seed funding round.
Wayapay launches remittance app for immigrants from Africa

Wayapay launches remittance app for immigrants from Africa

Wayapay, a remittance service tailored to the needs of immigrants from Africa, has reportedly launched its full-service digital bank and money transfer app.

Andreessen Horowitz backs cross-border PayTech Payall

Payall, a bank processor for cross-border payments and international money transfers, has closed a $10m seed round led by Andreessen Horowitz (a16z).

Majority bags $37.5m to expand banking offering to US migrants

Majority, a mobile bank for migrants, has scored $37.5m in a Series B funding round headed by Valar Ventures.
Revolut is the most searched online banking service in Europe

UK FinTech giant Revolut surpasses 20 million customers

UK FinTech giant Revolut has surpassed 20 million retail customers around the world and is processing over 250 million transactions each month.
Ripple brings remittance service to Brazil's Travelex Bank

Ripple brings remittance service to Brazil’s Travelex Bank

Ripple, a blockchain and cryptocurrency solution, has announced the launch of its On-Demand Liquidity (ODL) service in Brazil with Travelex Bank.

Currencycloud teams with FTFT Labs to launch remittance app

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 recruits Rewire for remittance mission

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 raises funding

Indonesia-based digital wallet DANA has closed a funding round from Sinar Mas and leading e-Commerce company Lazada Group.

News Stories


FBI gives disinformation warnings ahead of 2022 midterms

The FBI has warned of potential foreign influence operations that may spread disinformation to impact the results of the 2022 midterm elections in November.

Lending companies shine in this week’s FinTech deals

This past week saw a diverse range of deals closed, lending companies fared particularly well in the highest value deals.

How to ensure compliance with new CMS requirements

The Centers for Medicare and Medicaid Services have implemented new electronic communications recording, disclosure and oversight rules. How can you stay compliant? 

Ali secures $25m to offer Brazilians fair credit

Ali, a FinTech that partners with companies to offer financial health solutions for employees, has raises $25m in Series A funding.

Cash management FinTech Jiko bags $40m

Jiko, a cash management FinTech, has raised $40m in Series B funding to empower businesses of all sizes to store their cash in higher yielding spendable T-bills.

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