Remitly wins $12.5m in Series B round
Online remittance provider Remitly has closed a $12.5 million Series B funding round as it makes plans to move into new markets.
Online remittance provider Remitly has closed a $12.5 million Series B funding round as it makes plans to move into new markets.
Vodafone M-Pesa has launched a cross-border transfer service between East Africa’s two biggest economies to help funnel the remittances sent by roughly 300,000 Kenyans living in Tanzania.
Global money transfer company TRANSFAST is launching an instant deposit service with three Kenyan banks and mobile money provider M-Pesa.
MasterCard has partnered with Steward Bank to make remittance services available to the Zimbabwean bank’s 1.5 million account holders.
Former TSYS executive Paul Bridgewater has been named the new CEO of Sage Payment Solutions and Jim Emerick as executive vice president of customer service for Sage North America.
Cross-border money transfer company TRANSFAST has launched a mobile app for iOS to provide slicker fund transfers and a quicker sign-up process for new customers.
WorldRemit has raised $100 million in a Series B funding round led by Technology Crossover Ventures to fuel the company’s expansion through partnerships with mobile money providers in Africa, Asia and Latin America.
Five-year-old payment automation company MineralTree has raised $11m in a Series B funding round led by First Data.
Day Two of Finovate Europe has already seen demos from a wealth of innovative financial services providers. Here are out top demos from this morning's session.
Mozido has acquired a Delaware-based payments company PayEase in order to take advantage of the organisation’s links with Chinese banks.