Search Results for: azimo

February 20, 2015 @ 8:10 am By Erin Hobey  |  

 Azimo, the online money transfer service, has announced the launch of its world-class money transfer service to China, enabling customers to send money to friends and family at low-cost. The company introduced its wiring service to Thailand earlier this month.  The new service will provide Azimo’s potential 350… Read More

February 11, 2015 @ 9:09 am By Erin Hobey  |  

Azimo, the online money transfer service, has announced that customers can now send money to Thailand, direct to a personal or business bank account. “Great weather and the cost of living being 40% less than in Western Europe makes Thailand a popular destination for Europeans… Read More

March 6, 2025 @ 5:55 pm By Omar Faridi  |  

Papaya Global, the workforce payroll and payments platform and Sumsub, a full-cycle verification and compliance solutions provider, announce their new partnership. Sumsub will support Papaya Global with AI-powered automated solutions for secure “verification and fraud prevention, while maintaining speed, accuracy, and regulatory compliance.” The partnership… Read More

February 4, 2025 @ 10:13 pm By Omar Faridi  |  

Fuel Ventures, a UK venture capital firm, announced its investment of £2 million in Prosper, a wealth management platform targeting high net worth individuals that is shaking up the way wealth is managed by unlocking access to private markets and leveraging AI. The investment round… Read More

June 4, 2024 @ 2:55 pm By Omar Faridi  |  

Founded by Nick Perrett of digital bank Tandem, Ricky Knox of Tandem and Azimo, and Phil Bungey of Nutmeg, new WealthTech platform Prosper is offering an alternative to how people save and invest. Where other FinTechs have transformed payments, currency exchange and banking, Prosper is… Read More

May 3, 2024 @ 7:02 pm By Omar Faridi  |  

A delegation comprising executives from 11 Azerbaijani banks, under the leadership of the Governor of the Central Bank of Azerbaijan, embarked on a mission to the United States. Organized by the U.S.-Azerbaijan Chamber of Commerce (USACC), a Washington, D.C.-based trade association, in partnership with Azerbaijan… Read More

November 29, 2023 @ 9:40 am By JD Alois  |  

Investment platform Prosper has topped £700,000 on Crowdcube in a securities offering that is raising growth capital at a pre-money valuation of £12,135,385. According to the offering page, The EIS-qualified equity offering has received the backing of 197 investors. The per-share price is £29.50 with… Read More

September 6, 2023 @ 3:22 am By Omar Faridi  |  

Finverity, the trade and supply chain finance digital ecosystem, announces the repositioning of its brand and product offering, together with the appointment of Adam Ryan as Chief Marketing Officer (CMO). Since its foundation in 2017, Finverity has focused “on fixing the $1.7tn+ global trade finance… Read More

March 9, 2023 @ 12:16 pm By Omar Faridi  |  

Papaya Global, the SaaS fintech company providing global payroll and payments technology, announced the launch of its latest offering, Papaya Global Payroll Payments — a fully automated, embedded payments platform that gives clients the ability “to process global payroll and make mass payments to employees,… Read More

July 26, 2022 @ 1:17 pm By Omar Faridi  |  

Ripple, which claims to be the leader in enterprise blockchain and crypto solutions,  announced a partnership with Singapore-based major payments institution FOMO Pay, which will “utilize Ripple’s crypto-enabled enterprise technology to improve its cross-border treasury flows.” On-Demand Liquidity (ODL) leverages XRP, the digital asset “built… Read More

May 19, 2022 @ 11:07 pm By Omar Faridi  |  

Ripple, which claims to be the “leader” in enterprise blockchain and crypto solutions, announced a partnership with FINCI, the Lithuanian online international money transfer provider, “to deliver instant and cost-effective retail remittances and business to business (B2B) payments via RippleNet’s On-Demand Liquidity (ODL), which leverages… Read More

January 11, 2022 @ 4:12 pm By Omar Faridi  |  

Financial services have become a lot more accessible, seamless, and user-friendly in the past decade due largely to the rise of innovative Fintech platforms throughout the world. Traditional banking service providers have launched their own digital transformation strategies in order to remain competitive in a… Read More

January 7, 2022 @ 10:40 am By Omar Faridi  |  

Ned Barker, who has considerable experience in the payments sector, notes in a blog post published by UK-based cross-border payments Fintech CurrencyCloud that remittances are one of the “single most powerful financial forces in existence today, with workers sending hundreds of billions of dollars to their… Read More

December 1, 2021 @ 2:53 pm By Tony Zerucha  |  

SMEs across the United Kingdom are somewhat optimistic consumer demand will soon rise, the results of a survey by fintech MarketFinance suggest. MarketFinance asked 2,000 SME owners across the UK about their outlook for 2022 and beyond, gauging their short and long-term plans for business… Read More

March 25, 2021 @ 3:13 pm By JD Alois  |  

Recharge.com, a Netherlands-based payments Fintech, has raised €10 million in debt funding, according to a statement by the company. The company said it secured the funding “largely from London-based Kreos Capital.” Simultaneously, Recharge.com selected Michael Kent as its non-executive chairman. Kent founded global cross-border payments… Read More

March 3, 2021 @ 2:43 pm By JD Alois  |  

Earlier today, Chancellor of the Exchequer Rishi Sunak presented the budget for 2021. Obviously, the government policy on spending comes at a difficult time as COVID-19 is still very much with us yet glimmers of relief are showing as the vaccine takes hold. The Chancellor… Read More

February 26, 2021 @ 9:34 am By JD Alois  |  

The long-anticipated report on the UK Fintech ecosystem and recommendations as to how to keep the robust market growing in a post-Brexit world has been published today. The Kalifa Review of Fintech seeks to provide a roadmap for the UK to maintain its prominence in… Read More

February 10, 2021 @ 11:45 pm By Omar Faridi  |  

SCB 10X, a subsidiary of Thailand’s Siam Commercial Bank or SCB (BKK: SCB), has launched a $50 million VC fund that will make strategic investments in early and growth stage startups globally. SCB is looking for initiatives that are focused on blockchain, decentralized finance (DeFi),… Read More

June 15, 2020 @ 3:46 pm By Samantha Hurst  |  

Ripple, a provider of enterprise blockchain solutions for payments, announced on Monday its payment network, RippleNet Cloud, has signed its first-ever bank customer, Brazil’s Banco Rendimento, which will join nearly two dozen financial institutions already running on RippleNet Cloud. According to Ripple, RippleNet Cloud allows… Read More

May 1, 2020 @ 8:30 am By Omar Faridi  |  

American Fintech Ripple’s On-Demand Liquidity (ODL) payments network has reportedly managed to triple its transaction volumes during Q1 2020. San Francisco-based Ripple’s XRP Markets Report confirms that the dollar value transacted using the company’s ODL service grew by over 294%, which may be a positive… Read More