ShapeShift AG, an instant exchange for Bitcoin digital currency and other blockchain assets, recently announced it has enabled cross-chain swaps via THORChain and Ethereum-based DEX trading on its web platform. ShapeShift reported that while the capabilities were previously available on its mobile interface, the web-based… Read More
DBS announced on Wednesday it has partnered with JPMorgan and Temasek to launch a cross-border payments platform, known as Partior. According to the trio, Partior aims “to disrupt the traditional cross-border payments ‘hub and spoke’ model,” which has notably caused common “pain points” such as… Read More
Inter-American Development Bank (IDB) announced on Thursday it has teamed up with CITI Innovation Labs to create cross-border payments from the U.S. to countries in Latin America and the Caribbean using blockchain and tokenized money. According to IDB, The LACChain Blockchain Network-enabled several disbursements… Read More
dLocal, a cross-border payment platform, announced on Friday it secured $150 million through its latest investment at a valuation of $5 billion. According to dLocal, Alkeon Capital led the round with participation from BOND, D1 Capital Partners, and Tiger Global. dLocal claims to be… Read More
Digital money transfer service MoneyGram (NASDAQ: MGI) recently announced a five-year extension to its partnership with Ooredoo Qatar, a telecommunications operator based in Qatar. MoneyGram reported that the renewal enables its customers to continue to send money in near real-time to family and friends… Read More
Citi announced on Monday the launch of a new service for its institutional clients that speeds up the processing of their cross-border payments through the digitization of supporting documents. Citi reported the service, which is being rolled out initially in South Africa, is claimed… Read More
SellersFunding, a global financial platform provider, announced last week the release of its streamlined cross-border eCommerce payments system to help online merchants avoid hefty currency conversion fees and payment fees for sales in the UK and EU. Sellersfunding reported that as a solution, it… Read More
Drip Capital, a global fintech, announced on Friday it has financed more than US$1 billion of cross-border trade through its online platform. Founded in 2015, Drip Capital is on a mission to solve the “work capital problem” for SME exporter using technology. “Trade finance is… Read More
Digital money transfer service MoneyGram (NASDAQ: MGI) recently announced it has a five-year extension to its partnership with Canada Post. The renewal, which runs through December 2025, allows MoneyGram customers to continue to transfer money and pay bills at over 5,000 Canada Post locations throughout… Read More
Chipper Cash, an Africa-based cross-border fintech startup, has reportedly secured $30 million through its Series B investment round, which was led by Ribbit Capital with participation from Jeff Bezos’ personal VC fund, Bezos Expeditions. This investment round comes less than six months after Chipper… Read More
Rapyd, a global B2B Fintech as a Service provider, announced on Thursday it has launched Rapyd Protect, which is a fraud solution designed to protect businesses and consumers against fraud across countries and payment methods. According to Rapyd, Rapyd Protect is a fraud… Read More
Afterpay, a digital platform that offers interest-free installment plans for online purchases, announced on Thursday it has introduced cross-border commerce for its merchant partners. Afterpay reported that specifically, merchants may open their e-commerce sites to Australian, British, Canadian, and New Zealand shoppers. According to Aftepay… Read More
Cross-border savings and investments marketplace Raisin announced on Monday it has joined forces with interactive financial resource platform Finect on competitive savings to help Spanish depositors beat low-interest rates. Raisin reported that by integrating its offers, Finect connects users to a wide range of banking… Read More
Ohpen, an Amsterdam-based fintech, announced on Tuesday it has acquired cross-border loan and mortgage Software-as-a-Service (SaaS) provider, Davinci. Ohpen reported that the acquisition will allow it to address the $300 billion global bank IT spending market as it targets international expansion. “This acquisition is a testament… Read More
Thunes, a global B2B cross-border payments network, announced on Tuesday it secured $60 million through its Series B funding round, which was led by Helios Investment Partners with participation from Checkout.com, GGV Capital, and Future Shape. Founded in 2016, Thunes stated its platform provides a “seamless”… Read More
Mastercard recently announced it has partnered with Bank of Shanghai to enable better cross-border business payments in China. Mastercard reported that with its cross-border services, businesses will be able to transfer funds to local banks in China. The service will also reduce transaction costs and… Read More
Cross-border payment platform Currencycloud announced on Thursday it has formed a partnership Ripple, an enterprise blockchain solution for global payments. CurrencyCloud reported that RippleNet, Ripple’s global financial payments network, makes it easy for its network of financial institutions worldwide to enable faster, lower-cost payments… Read More
Qupital, a Hong Kong-based trade finance platform, announced on Wednesday it has entered into an agreement with leading global e-commerce platform eBay as one of its officially recommended Hong Kong financing service providers. According to Qupital, the collaboration will enable the Asian fintech to provide “quality,… Read More
Cross-border savings and investments marketplace Raisin announced on Tuesday it has launched its first U.S. based product, the Raisin Savings as a Service software. According to Raisin, the software will help banks and credit unions quickly and easily offer customized time-deposit products and drive cost-effective… Read More
Ripple, a provider of enterprise blockchain solutions for payments, announced on Thursday it has formed a new partnership with Thailand-based digital cross-border money transfer fintech DeeMoney. Ripple reported that through the collaboration, DeeMoney’s platform is now processing live transactions. Ripple further revealed that DeeMoney is… Read More
Crowdfund Insider is the leading news and information web site covering the emerging global industry of disruptive finance including investment crowdfunding, Blockchain peer-to-peer / marketplace lending and other forms of Fintech.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it and agree to our terms of service.Ok
