PaySend, a UK-based global payments platform, announced earlier this week it now has more than 500,000 customers. The company also introduced money transfer services to more than 30 European countries. As previously reported, PaySend was founded in 2015 and describes itself as a UK fintech company… Read More
PaySend, a UK-based global payments platform, has launched a new service, PaySendLink, which allows consumers to send money internationally using just the recipient’s mobile phone number. As previously reported, PaySend was founded in 2015 and describes itself as a UK fintech company and payments disruptor on a… Read More
PayPal announced earlier this week it recently surpassed 250 million in the total number of active accounts on its global payments platform. The payments giant reported that this is a very important milestone for its company, and a key marker on its journey to fulfill its… Read More
International money transfer service WorldRemit announced on Tuesday it is launching a new digital service within Africa. According to WorldRemit, the service will make it easier to send and receive money across the continent and will also reduce the cost of sending money across borders. WorldRemit… Read More
LumoXchange, U.S.-based fintech payments company, announced on Monday the launch of its money transfer service to the Philippines. The company reported it has built a platform that allows users to compare exchange rate offers from the leading banks in the Philippines and send money. Users… Read More
Wyre, a U.S.-based money transfer service, announced this week it has entered into an account transfer agreement for the sale of its retail money transfer business to money transfer firm, WorldFirst. This news comes just after Wyre announced its API was being extended to dapps… Read More
Identity verification provider Onfido has formed a partnership with global remittance company TransferGo to help verify the identities of TransferGo’s users. TransferGo currently offers transfers between nearly 50 countries and recently claimed to be the first remittance company to offer a cryptocurrency trading facility with… Read More
MoneyGram (NASDAQ: MGI) recently announced it is extending its digital money transfer services in five new countries. According to MoneyGram, customers in Australia, the Netherlands, Belgium, Portugal, and Austria may now send money 24/7 directly to more than two billion bank accounts and mobile wallets or to any MoneyGram location in over 200 countries… Read More
Fintech unicorn, TransferWise, launched its money transfer services in Hong Kong last week. This news comes just a few weeks after the company launched the services in Argentina. As previously reported, TransferWise converts that money at a better rate and pays the transfer out using local pools… Read More
The London-based fintech platform Opal Transfer is celebrating its 15 year anniversary with launch of new app offering ‘one click payments.’ Having reportedly transferred over £1.5 billion across Europe, Opal’s new app aims to give users access to one click payments making transfers quicker and easier. Currently Opal… Read More
Fintech unicorn TransferWise has formed a new partnership with France’s second-largest bank firm, BPCE Groupe. The launch of the new collaboration comes less than two months after TransferWise debuted its new borderless and fee free, multi-country, bank accounts and debit cards. According to TechCrunch, as… Read More
Western Union announced on Monday that retailer Debenhams will help it expand into the UK by now offering global money transfer to more than 200 countries and territories from 112 stores nationwide with travel money bureaux. According to Western Union, customers will have the choice to… Read More
BNP Paribas, the global Top-10 bank headquartered in France, announced on Wednesday it is set to compete against other money transfer services such as PayPal, Venmo, and Lydia by deploying its new mobile payment solution, Paylib Between Friends. According to BNP Paribas, Paylib is described as a person-to-person… Read More
On Tuesday, retail giant Walmart announced the launch of its new global wire service, Walmart2World. The company revealed that four years ago it changed the “money transfer game” with the introduction of Walmart2Walmart, which is a domestic money transfer service that offered lower cost, which… Read More
SimbaPay, a London-based digital money transfer provider, announced last week it has launched an AI (Artificial Intelligence) powered chatbot service which now makes International Money Transfer (remittance) possible with only an SMS. According to SimbaPay, the new chatbot will also enable 24/7 instant customer service for… Read More
Pangea Money Transfer, a mobile-centric remittance platform for sending money from the U.S. to 15 countries across Asia and Latin America, announced on Wednesday it has dropped its flat-rate money transfer fee for senders to India by more than 20% from $4.99 down to $3.95…. Read More
InstaReM, a Southeast Asia’s digital cross-border money transfer service provider, announced on Thursday it has extended its outbound money transfer operations to another important market, the European Union (EU). ), Prajit Nanu, the co-founder of the fintech start-up, revealed the exciting news at the Money20/20 Asia 2018… Read More
Sentbe, a digital money transfer operator in South Korea, announced this week it has teamed up with TransferTo, a global cross-border mobile payments network for emerging markets to offer its customers greater flexibility and reach to perform real-time money transfers from South Korea to more than 60 countries across… Read More
Earlier this week, London-based fintech Opal Transfer announced it is launching a new money transfer service between Ukraine and Poland. Incorporated in 2003, Opal Transfer specializes in foreign exchange money transfers to and from Eastern Europe, Latvia, Lithuania, Estonia, Poland, Bulgaria, Slovakia and Czech Republic. The… Read More
Digital money transfer service WorldRemit announced on Sunday it has expanded its remittance service to South Korea. WorldRemit stated that its mobile-first, digital model allows hard-working migrants to send money to South Korea in a few taps, directly from their phones or through the WorldRemit website without the need to visit… Read More
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