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Zepz has secured USD 165 million in growth funding, led by HSBC Innovation Banking and HSBC Private Credit.
Unicorn, funding, payments , banking, remittance
Zepz, formerly known as WorldRemit, has secured USD 267 million from both new and existing investors to support its expansion in some African markets.
funding, investment, remittance, online payments, expansion
Sendwave has offered Kenyans living in the US a new banking product that allows them to earn interest and pay reduced fees on international remittances.
remittance, money transfer, mobile payments, product launch, banking, mobile banking
US-based Sendwave has announced the launch of the banking product Sendwave Pay for US customers.
neobanks, cross-border payments, product launch, financial inclusion
WorldRemit has launched Naira currency remittances for Nigerians, available through bank transfer, airtime top ups, and at cash pick-up locations throughout Nigeria.
remittance, money transfer, product upgrade, cash
The Paypers explores regulatory trends in Europe and the UK and the potential regtech unicorns and IDV kings that enable fintechs/banks to build effective compliance programmes and manage fraud.
identity verification, regtech, digital identity, financial crime, fraud prevention, cryptocurrency, KYC, artificial intelligence
Greg Toussaint, Director at Edgar, Dunn & Company (EDC), elaborates on fintechs’ role as key enablers to boost B2B payment growth.
fintech, B2B payments, SMEs, remittances, marketplace
Volume, a payments company, has launched in the UK, led by former employees of World Remit and Mastercard.
fintech, checkout optimisation , online payments, financial services, API, neobanks
PassFort, a UK-based Saas provider has announced the close of its Series A funding with USD 16.2 million to fund growth plans and compliance automation for regulated businesses.
funding, regtech, expansion
money transfer, money remittance, cross-border payments, digital payments, funding
WorldRemit, a UK-based digital cross-border payments company, has introduced its money transfer services in Malaysia’s markets through its app and web-based platform.
expansion, cross-border payments, remittance, online payments
US-based identity verification provider Trulioo has announced it has completed a USD 394 million Series D round led by equity firm TCV.
funding, digital identity, digital onboarding, KYC
Peter Theunis of Radar Payments elaborates on why fintechs are chosen over banks and the advantages that make them proficient in the realm of cross-border payments
Peter Theunis, Radar Payments, cross-border payments, fintech, money transfer
Mambu, funding, TCV, capital, financing , financial institutions, fintech, banks
WorldRemit, Nigeria, Central Bank of Nigeria, international transfers, bank transfers, cross-border payments, money transfers, mobile payments, online payments
WorldRemit, Digicel International, business partnership, international money transfers, mobile wallets, Fiji, Samoa, Tonga, MyCash wallet, mobile payments
UK-based digital payments platform WorldRemit has announced the waiving of their fees on money transfers to the Philippines in light of the recent tropical storm.
WorldRemit, Philippines, Asia, waiving fees, natural disaster, money transfer, remittance
Mukuru, WorldRemit, cash remittances, Zambia, South Africa, mobile wallets
inwi money, international money transfer, WorldRemit, online money transfer, money wallet, digital payments Morocco
Nigeria-based financial provider OPay has announced a partnership with digital payments platform WorldRemit, to offer international money transfers.
Opay, WorldRemit, money transfer, remittance, Africa, Nigeria, Google Playstore, KYC, online payments, mobile payments