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August 17, 2022
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   >   Remittance

MoneyMover raises £1m for international money transfer venture

22 Jul 15 | Author Ben Rabinovich | VC |

Money Mover, the online business currency exchange and international payments service dedicated to SMEs, has raised £1m from a group of financiers, entrepreneurs and technologists, including Andy Homer and Sir Peter Michael.

HomeSend and Azimo launch new mobile wallet in Africa and Asia-Pacific

22 Jul 15 | Author Ben Rabinovich | Partnerships |

HomeSend, a joint venture created by MasterCard, eServGlobal and BICS that enables B2B cross-border transfers, has teamed up with Azimo to launch a new mobile wallet service in ten countries throughout Africa and Asia-Pacific.

Remitly acquires mobile messaging company

15 Jul 15 | Author Ben Rabinovich | M&A |

Remitly, the Jeff Bezos-backed mobile remittance service, has acquired Talio, a mobile messaging company that allows users to make images and text to disappear similar to Snapchat.

WHSmith gains mPOS technology through Western Union partnership

01 Jul 15 | Author Fraser Simpson | New Products & Technology Partnerships |

Western Union has teamed up with WHSmith to integrate 300 mobile point-of-sale (mPOS) self-service kiosks within the retail group's UK stores.

Western Union take control of Romanian remittances

19 Jun 15 | Author Fraser Simpson | Partnerships |

Millions of cardholders in Romania will have the opportunity to withdraw remittances from ATMs due to a new partnership agreement between Western Union and MasterCard.

Milestone for Somalia as it gains MasterCard partnership

03 Jun 15 | Author Fraser Simpson | Partnerships |

MasterCard partners up with Somalian lender Premier Bank and becomes the first international payments network to enter the nation.

Xpress Money launches mobile remittance service to Ghana

09 Apr 15 | Author Lucy England | New Products & Technology Partnerships |

Xpress Money customers will now be able to transfer money directly into the mobile wallets of registered MTN Mobile Money users in Ghana.

Oxigen closes in on $200m expansion

30 Mar 15 | Author Lucinda Beeman | More News VC |

Payment solutions provider Oxigen is in the ‘advanced stages’ of talks with investors for a $200m expansion drive across semi-urban and rural India, the company has said.

Western Union responds to challenger threat with Hyperwallet partnership

25 Mar 15 | Author Lindsey Kennedy | Partnerships |

A new partnership between Western Union and mass payment platform Hyperwallet will seek to ease the cross-border transaction process for B2C customers.

FinTech Innovation Awards: we hear from our winners

23 Mar 15 | Author Lucy England | Headline News |

The FinTech Innovation Awards saw 18 companies win top gong for their contribution to a rapidly growing industry. Here some of our winners share their success stories and expectations for the future.

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