Remittances

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,...
fintech-news

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.

News Stories

In the realm of insurance, the claims process stands as a pivotal point in shaping overall customer satisfaction. Simplifai explores this process from the handlers’ perspective, to give valuable insights into how to improve it across various insurance lines and regions.

Transforming customer experience in insurance claims handling

In the realm of insurance, the claims process stands as a pivotal point in shaping overall customer satisfaction. Simplifai explores this process from the handlers’ perspective, to give valuable insights into how to improve it across various insurance lines and regions.
2024

What are the key governance, risk and compliance trends in 2024?

In ViClarity’s recent annual GRC trends report, the company focused on the key trends which are impacting many industries throughout 2024.
Pacific Life’s Workforce Benefits business, a leading provider of employee benefits solutions, has announced its integration with Selerix to elevate real-time benefits administration. 

Pacific Life and Selerix join forces for real-time benefits administration

Pacific Life’s Workforce Benefits business, a leading provider of employee benefits solutions, has announced its integration with Selerix, a comprehensive benefits administration platform.
UK

Liz Oakes, Carolyn Wilkins appointed to key roles on UK Financial Policy Committee

The Financial Policy Committee (FPC), pivotal in shaping UK financial policies, has welcomed Liz Oakes as a new external member and confirmed Carolyn Wilkins...
Arch Insurance International, a leading insurance company, has announced the appointment of Kirsten Valder as Deputy CEO, effective immediately.

Arch Insurance names new deputy CEO

Arch Insurance International, a leading insurance company, has announced the appointment of Kirsten Valder as Deputy CEO, effective immediately.

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