Articles with tag: grant

Found 18 results in 204 milliseconds.

ClearBank, Tide partner to grant GBP 25 mln to SMEs

23 Sep 2020 | Payments General

Cloud-native clearing bank ClearBank and UK-based business banking platform Tide have been awarded GBP 25 million to help UK-based SMEs grow after the coronavirus pandemic.

ClearBank, Tide, SMEs, UK, United Kingdom, grant, award, clearing bank, business banking platform, coronavirus, pandemic, financial support, Brexit, government, digital services, open banking, funding, debt, equity, digital payments, business development

Remitly doubles mobile wallet offerings and global consumer reach

26 Aug 2020 | Mobile Payments

Independent provider of remittance and financial service products for immigrants Remitly has announced the expansion of its mobile wallet network.

Remitly, remittance, immigrants, mobile wallet, mobile wallet network, M-PESA, MTN Mobile Money, bKash, Gcash, Airtel Mobile Money, GoPay, Ovo, Thunes, emerging markets, COVID-19, digital purchases, home delivery, cash pickup, bank deposit

US Bank to provide USD 1 mln grants to black-led CDFIs

13 Aug 2020 | Payments General

US Bank Community Development Corporation (USBCDC) has announced USD 1.15 million in grants to more than a dozen Black-led Community Development Financial Institution (CDFI) partners.

US Bank, grants, black-led, CDFI, USBCDC, US Bank Community Development Corporation, Community Development Financial Institution, covid19, financial stress, black businesses, African American Alliance

SPOKO enters the UK market by targeting South Asian migrant workers

13 Aug 2020 | Payments General

SPOKO, an app which offers instant international money transfers, has entered the UK market by targeting South Asian migrant workers looking to move money without the need for bank accounts and costly transfer payments.

SPOKO, app, money transfers, UK, migrant, payments, fintech

Trust Payments, SPOKO partner for money transfer solution for immigrants in Poland

29 Jul 2020 | Online Payments

Trust Payments has announced a partnership with SPOKO (previously known as Pay Ukraine) to enable it to offer its money transfer service to customers in Poland. 

Trust Payments, SPOKO, money transfer solution, Poland, immigrants, Pay Ukraine, multi currency payments, app, instant money transfers, bank account, Europe, UK, mobile payments, point of sale outlet

Trade Finance Global submits BCR bid to enhance tech

20 Jul 2020 | Payments General

Financing platform Trade Finance Global has submitted a bid as part of Banking Competition Remedies (BCR) GBP 100 million Pool E, according to AltFi.

Trade Finance Global, BCR, financing platform, Banking Competition Remedies, Metro Bank, Nationwide, grants, Starling Bank, Coconut, Equifax

Exclusive interview with Veronica Studsgaard, CEO and Founder of The International Association of Money Transfer Networks

07 Jul 2020 | Payments General

Veronica Studsgaard of IAMTN shares insights about the challenges specific to cross-border remittances, how COVID-19 affects migrants and international money transfers, and the future of this industry

Veronica Studsgaard, IAMTN, International Association of Money Transfer Networks, cross-border payments, remittances, COVID-19, migrants, international money transfers, remittance service providers

Starling Bank seeks GBP 35 mln in competition funding

03 Jul 2020 | Payments General

Starling Bank has planned to apply for grants worth up to GBP 35 million from an EU-backed competition fund that has already awarded it GBP 100 million.

Starling Bank, competition funding, grants, EU-backed competition fund, startup bank, BCR, Banking Competition Remedies, SMEs, small business market, alternative remedies fund, Royal Bank of Scotland, UK, United Kingdom, banking market, EU state aid rules

Heritage Bank to offer nine grants to small charities affected by COVID-19

22 Jun 2020 | Payments General

Australia-based Heritage Bank Charitable Foundation has announced it will offer USD 90.000 to help small charities hit by COVID-19 pandemic.

Heritage Bank, COVID-19, coronavirus, Australia, Heritage Bank Charitable Foundation, Kick-Start Grant Round

ITFC releases USD 15 mln to support SMEs in Bangladesh

12 Jun 2020 | E-invoicing, SCF & E-procurement

The International Islamic Trade Finance Corporation (ITFC) has approved a USD 15 million Murabaha Financing Facility in favour of City Bank Limited in Bangladesh to support SMEs.

ITFC, Murabaha Financing Facility, City Bank Limited, Bangladesh, SME, trade finance, financing, coronavirus, OIC, local banks, private sector, global trade, IsDB Group, Covid-19 Response Package, grants, pandemic

Welcome Technologies, Green Dot launch digital banking services for US immigrants

01 Jun 2020 | Online & Mobile Banking

Welcome Technologies has announced the launch of a bank account in partnership with Green Dot Corporation.

Welcome Technologies, Green Dot, digital banking, US, immigrants, mobile banking

Cross-border banking service Rewire develops into a neobank for migrants

13 Feb 2020 | Online & Mobile Banking

Israel-based cross-border banking service provider for migrants Rewire has announced the development of it as a neobank for migrants in Europe.

Rewire, cross-border payments, cross-border banking service, online banking, neobank, digital banking, Tel Aviv, Israel, Europe, Netherlands, migrants, digital bank account

Majority launches digital banking products for immigrants

06 Feb 2020 | Online & Mobile Banking

Digital banking platform Majority has launched in the US consumers after a four-month beta test.

Majority, digital banking, US, United States, expansion, US financial system, digital bank, online banking, immigrants,

Remitly launches Passbook, a neobank aimed at immigrants

04 Feb 2020 | Online & Mobile Banking

US-based money transfer startup Remitly has announced the launch of Passbook, a neobank created to serve US immigrants.

Passbook, United States, Remitly, neobank, challenger bank, digital onboarding, online money transfer, immigrant, North America,

Ripples Xpring gives USD 265 mln in XRP to content platform Coil

16 Aug 2019 | Cryptocurrencies

Ripple’s infrastructure development and XRP adoption initiative Xpring announced a 1 bln XRP (~USD 265 mln) grant to web monetization platform Coil.

Ripple, Xpring, XRP, Coil, content platform, financing, cryptocurrency, grant, web monetization platfrom, US,

Fraud claims make Sassa stop payments to 2,800 bank accounts

02 Jul 2019 | Digital Identity, Security & Online Fraud

The South African Social Security Agency (Sassa) has put a ‘stop payment’ instruction on 2,800 social grants accounts, identified as being potentially fraudulent.

Sassa, payments, bank accounts, fraud claims, banks, the South African Social Security Agency, South Africa, fraudulent activity, transactions, account holders, ID card, banking, social grant

AvidXchange expands corporate headquarters in North Carolina

20 Dec 2018 | E-invoicing, SCF & E-procurement

US-based AP automation solutions provider AvidXchange has announced expanding its corporate headquarters in North Carolina.

AvidXchange, company expansion, North Carolina, US, North America, accounts payable automation, fintech, B2B payments, North Carolina Job Development Investment Grant

AR Financing Platform Velotrade, first to obtain SFC Licence in Hong Kong

12 Dec 2018 | E-invoicing, SCF & E-procurement

AR financing platform Velotrade has announced it has obtained a Type 1 Regulated Activity licence by the Securities and Futures Commission in Hong Kong.

Velotrade, Securities and Futures Commission, license grant, Type 1 Regulated Activity, Hong Kong, Asia, Accounts receivable financing platform, accounts recievable,