Felix Pago raises $200M to expand into financial services
Money-transfer startup Felix Pago raised $200 million to expand beyond remittances and offer services such as lending and savings to ...
Tag: cross-border transfers
Remitly launches IPO at $43 a share
Remitly, which provides cross-border remittances and financial services for immigrants, today began trading on the NASDAQ Global Select Market. The ...
Majority is building a financial toolkit for new immigrants to the US
Digital banking brand Majority, which is aimed at reaching immigrants who lack credit history, is on pace to launch across ...
Remitly secures $220m to add services beyond remittances
Remitly, a Seattle-based online international money transfer service, announced $220 million of new financing on Wednesday to expand its global ...
With debit card expansion, TransferWise moves closer to challenger bank
Money-transfer startup TransferWise is expanding the reach of its multi-currency debit card and, in doing so, wading into bank territory. ...
Medici Bank to bolster cross-border business with blockchain
Medici Bank, a digital-only challenger bank backed by Prince Lorenzo de’ Medici — a descendant of the Renaissance-era Italian banking ...
Why Visa is Acquiring Earthport for its ACH Payments Business
Visa announced yesterday that it is acquiring the cross-border payment company Earthport. The question is why? The short of it ...
Remitly CEO Matt Oppenheimer to Join Bank Innovation Ignite
Matt Oppenheimer, CEO and co-founder of digital remittance company Remitly, will speak at Bank Innovation Ignite in Seattle in March 2019 on ...
Western Union Touts Strong Digital Growth, Amazon Partnership in 3Q Earnings
“Advancing digital expansion” was at the top of Western Union’s overview of strategic initiatives in the company’s 3Q18 earnings report, ...
SWIFT Mitigates Four More CSDs to Network
Financial services company SWIFT announced today that it has mitigated four additional capital depositories onto its Target2 Securities, or T2S, ...
