SureRemit closes ICO on $10m
Global remittance company SureRemit has closed its ICO on its hard cap, pulling in up to $10m.
TransferGo said to raise $10m in funding, alongside launch in 11 more countries
International money remittance service TransferGo has reportedly netted $10m in funding, after its customer base surges past two million.
TerraPay expands in Europe with Pay2Global acquisition
Mobile international payments network TerraPay is acquiring Pay2Global in a deal that will allow it to expand around European markets. The size of the deal is undisclosed.
Sokin brings digital payments wallet to remittance giant India
Next-generation payments provider Sokin has launched its digital payments wallet in India, a market that generates a huge $87bn in remittances per year.
Digital money platform Uphold nets $57.5m funding round
Digital money platform Uphold has received an $57.5m funding from a group of investors, including Greg Kidd.
Veem scores $31m in a funding round to support geographic growth
Global payments networks Veem has scored $31m in its funding round to help it broaden its geographic footprint.The investment was led by Truist Ventures,...
CurrencyFair picks up €8m for P2P currency exchange
Peer-to-peer currency exchange marketplace CurrencyFair has closed €8m in a new round of funding. The capital comes from existing backers Octopus Ventures and Frontline Ventures.
Papaya to acquire Azimo to boost its payroll capabilities
Papaya Global, the global people management platform for the remote working era, has agreed to acquire Azimo, global digital cross-border payments service.
Azimo said to close $20m Series C led by Rakuten
Money transfer platform Azimo has reportedly closed a $20m Series C funding round led by Rakuten Capital.
Affirm’s stocks soar on first day of trading and pave way for massive growth...
Affirm began trading on the Nasdaq on Wednesday with its shares jumping by more than 100% in the first day, laying the groundwork for huge growth in the buy now pay later space.