international money transfer operators

MoneyGram and e& international Expand Partnership

PRNewswireSeptember 21, 20227 min

Through this partnership expansion, e& international’s large and fast-growing customer base can now use the e& money mobile wallet to send money around the world in near real-time The service is now live throughout Saudi Arabia, the United Arab Emirates and Afghanistan with Egypt, Pakistan and several other markets in Africa expected to launch in the next few months MoneyGram International, Inc. (NASDAQ: MGI), a global leader in the evolution of digital P2P payments, and e& international from e& (formerly known as Etisalat Group), one of the world’s leading...

Payment Platform

MoneyGram Partners with Digital Financial Services to Offer eWallet Services in UAE

PRNewswireJune 27, 20203 min

Partnership will enable global cross-border peer-to-peer payments for eWallet subscribers

Money/Transfer Payments

Xpress Money to Showcase Its Remittance Solutions for Businesses at Money2020 in Las Vegas

FTB News DeskOctober 18, 201811 min

Xpress Money, one of the most dependable money transfer brands in the world today announced its participation in Money 2020, a confluence where thousands of the most powerful, brilliant and pioneering innovators gather to collaborate, educate and influence. Xpress Money, part of the Finablr network of brands, will showcase its business solutions, a platform that empowers companies to create a place for themselves in the business of remittances at Booth No. 1959 at Money2020. The World Bank...

Payments

Thunes adds three prominent investors to Series C funding round

PRNewswireJuly 17, 20236 min

Thunes, the global B2B payment infrastructure platform, announced the addition of three prominent investors – Visa, a world leader in digital payments, EDBI, a Singapore-based global investor and Endeavor Catalyst, a San-Francisco co-investment fund of Endeavor – to its Series C funding round, supporting its mission to address the inefficiencies of moving money internationally and create a next-generation payment system that is secure, instant and transparent. This investment brings the total Series C funding to USD $72m, coming shortly after Thunes announced...

Banking

Singapore Payment Firm Thunes Takes Majority Stake in AML

PRNewswireApril 19, 20227 min

Thunes, a Singapore-based global payments company, today announced that it has taken a majority stake in the anti-money laundering (AML) and compliance technology firm, Tookitaki Holding Pte Ltd (‘Tookitaki’) by making an investment of over $20 million. The alliance of both firms empowers the banking and financial services industry to fight money laundering and offer safe and secure payments to customers. Per the United Nations Office on Drugs and Crime (UNODC) estimates, between 2 to 5% of the global GDP, or US$800...

Payments

Fly Now Pay Later Secures $75M from Atalaya Capital Management

PRNewswireJanuary 12, 202217 min

– Juniper Research anticipates that Buy Now, Pay Later (BNPL) will account for more than 50% of the market for embedded finance by 2026. – Domestic travel spend in the United States is forecast to hit 968 billion U.S. dollars by 2024, according to Statista. – BNPL continues to earn global payments market share, expecting to double from 2.1% in 2020 to 4.2% by 2024 according to 2021 Worldpay data. Providers are rapidly expanding into...

Payments

VYZYO Wins Carrier Community Global Award for Fintech Solution

PRNewswireOctober 20, 20215 min

Company recognized for enabling socially and financially inclusive digital payment and mobile financial services in emerging and developing regions VYZYO, a rapidly growing mobile financial services technology company, today announced that the company has won the Carrier Community Global Award for Best Fintech Solution. VYZYO has won this award recognition for its VYZYOPay™ solution. VYZYOPay is a state-of-the-art technology platform for enabling mobile network operators, financial institutions, government organizations and other service providers to offer innovative digital payment...

Crypto Currencies

Bit Digital, Inc. Announces Second Quarter Financial Results

PRNewswireAugust 23, 2021382 min

Bit Digital, Inc. (Nasdaq: BTBT) (the “Company”), a bitcoin mining company headquartered in New York, today announced its unaudited financial results for the second quarter ended June 30, 2021. Financial Highlights for the Second Quarter 2021 Revenue from bitcoin mining was $28.3 million. The number of bitcoins earned was 562.9. 70.8% of our miner fleet was deployed, in transit to, or awaiting installation in North America at June 30, 2021. We owned 32,500 miners, with 3,515 miners acquired in the second quarter...

Mobile Payments

CreditPilot and Tata Communications Enter Partnership

PRNewswireSeptember 18, 201910 min

Companies to set up a joint task force to drive financial inclusion by providing financial services solutions for mobile operators.

Asset Management

Fireblocks emerges from stealth mode with $16 Million in funding

PRNewswireJune 12, 201910 min

Fireblocks (www.fireblocks.com), an enterprise platform for securing digital assets in transit, announced today its launch out of stealth mode with $16 million in Series A funding from Cyberstarts, Tenaya Capital, Eight Roads (the proprietary investment arm of Fidelity International), Swisscom Ventures and MState. Fireblocks’ customers, which count some of the largest institutional digital asset trading operators like Galaxy Digital, Genesis Global Trading and more, use the platform to safeguard the digital assets in its portfolio as it is moved across exchanges, OTCs,...