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, 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.
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, 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.
