Remittances have always been extremely important to a certain segment of the economy and the process has been dominated by...
Mastercard is already working with names like Brex, Revolut and TransferWise; they have also announced programs in order to make...
Institutional Venture Partners (IVP) has also invested in Netflix, Snapchat and Twitter; with the newest round of funding the company's value is expected to increase to over $1 billion; it has previously raised a total of $116 million; the firm is currently doing more than GBP1 billion ($1.29 billion) of transfers per month on its platform; new initiatives include opening a Singapore office, launching a borderless business account and adding its service to Facebook Messenger. Source
Transferwise has obtained a license from the UK’s Financial Conduct Authority to offer retail investments to clients; while Transferwise has...
Hedosophia is not a household name, and that is by design. The fund is one of the most secretive investors...
Marc Roberts is the general counsel for German fintech Raisin and the founding president of the European Fintech Association; while...
Last year we saw continued interest in a broad array of fintech companies. Recently the fintech space has become more...
Remittances is a huge business with over $600 billion remitted every year; the fintech startups currently leading are WorldRemit, TransferWise and Remitly; the WSJ breaks down the various offerings as well as the other players in the industry; includes data on the remittance market across the globe and trends in the industry. Source
Crowdfund Insider compiles a list of responses from fintech firms and how they are handling the current crisis; while fintechs...
According to the World Bank global remittances are set to fall by 20 percent this year as the pandemic wreaks...