TransNetwork announced the acquisition of Inswitch

TransNetwork, a B2B payments infrastructure platform for instant money movement in the Americas, announced the acquisition of Inswitch, a provider of embedded finance technology. This strategic acquisition combines TransNetwork’s payments network and instant money movement capabilities with Inswitch’s financial technology solutions offered via an API-based core platform. The transaction will accelerate the development of TransNetwork’s digital product suite for cross-border payments in Latin America. Together, TransNetwork and Inswitch will offer a range of financial technology products for enterprises and...

Flutterwave Earns Prestigious Spot on CNBC’s 2024 Disruptor 50 List

Flutterwave, Africa’s leading payment technology company, has earned a spot on the prestigious 12th annual CNBC Disruptor 50 list alongside companies like OpenAI, Stripe, Monzo. This recognition underscores its innovation and expansion, achieved amidst challenging market conditions and economic downturns. The CNBC Disruptor 50 list is renowned for spotlighting private enterprises that shake up traditional industries and chase substantial opportunities. Criteria such as scalability, user growth and use of breakthrough technologies are key factors in the selection process, making...

TerraPay and Al Ansari Exchange partner to Simplify Money Transfer

TerraPay, a prominent global money movement company, has partnered with Al Ansari Exchange, the largest remittance and foreign exchange company in the UAE and a subsidiary of Al Ansari Financial Services PJSC [DFM: ALANSARI]. TerraPay’s global payment solutions for local payout needs integrated with Al Ansari Exchange’s extensive network expands both organisations scope of operations and improves their capabilities to serve a broader customer base with efficient, secure, and seamless transactions. With its strong portfolio...

Wirex chooses OpenPayd to launch embedded accounts across UK and EEA

Leading embedded finance and Banking-as-a-Service (BaaS) platform, OpenPayd announces its partnership with Wirex, a prominent Web3 money app, to provide named virtual IBANs to its customers across the UK and European Economic Area (EEA) strengthening Wirex’s core mission to provide easy, fast and secure payment methods to its customers. The partnership will see OpenPayd issue virtual IBANs to Wirex customers in 30+ countries across the UK and EEA. Customers will have access to the Faster Payments network...

Talus Named ISO of the Year by the Electronic Transactions Association

Talus, a fast-growing technology-driven provider of payment processing solutions for small and mid-sized merchants, announced it was recently honored with a Star Award as Independent Sales Organization of the Year by the Electronic Transactions Association. The award recognizes an ISO member company whose actions move the payments industry forward while exhibiting high ethical standards and successfully addressing industry challenges with demonstrated business results. ETA also recognized Talus as one of the industry’s Top 10 Payments...

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