Tagged: worldfirst

Chinese Digital Payments Platform WorldFirst Launches Payment Solution WorldTrade

This week WorldFirst, a digital payment and financial services platform for global businesses, launched WorldTrade, a payment solution for global sourcing to bolster the security and speed of cross-border payment for international SMEs that procure goods from suppliers based in China. WorldTrade employs smart contract-fulfillment… Read More

Financial Services for SMEs: WorldFirst’s 1688 Global Sourcing Integration Sees Steady Adoption

WorldFirst, a “one-stop” global payment and financial services platform for SMEs engaged in cross-border trade, reported that international SME buyers have increasingly “adopted the WorldFirst Cross-border Pay solution for 1688, one of China’s top wholesale marketplaces, as SMEs worldwide seek cost-effective sourcing options to stay… Read More

WorldFirst Announces Acquisition of CurrencyVue

WorldFirst, a UK-based fintech firm that specializes in international payments, global bank account solutions, and foreign exchange, announced on Monday it has acquired Australian-based CurrencyVue. Launched in 2015, CurrencyVue reportedly has been at the forefront of innovation within foreign exchange risk management, developing a unique… Read More

Ant Financial Acquires UK Payments Platform WorldFirst to Further Advance Global Expansion

Ant Financial Services Group (Ant Financial), a China-based tech company and the operator of Alipay, has reportedly acquired UK payments firm, WorldFirst, to further advance its global expansion efforts. This news comes less than a couple of months after Ant Financial began acquisition talks. It was… Read More

China: WeiyangX Fintech Review

Another Fintech Incubation Center Officially Begins Operation in Guangdong Province On December 20th, the Fintech incubation center (hereinafter referred to as “incubation center”) of Guangdong Financial High-tech Zone was officially put into operation, which will provide office space, policy guidance, project financing supports for Fintech… Read More

Ant Financial Reportedly in Talks to Acquire UK Payments Firm WorldFirst For $700 Million

Ant Financial Services Group (Ant Financial), a China-based tech company and the operator of Alipay, is reportedly in talks to acquire UK payments firm, WorldFirst, for $700 million. According to Sky News, Ant Financial has been in talks to purchase WorldFirst for the past several months. … Read More

U.S. Fintech Kyriba Forms New Partnership With WorldFirst to Expand Global Solutions Ecosystem

U.S. fintech startup Kyriba Corp. announced on Monday it has formed a partnership with WorldFirst, a foreign exchange and international payments expert, to expand its global solution ecosystem. According to Kyriba, the partnership with WorldFirst will streamline payment processes, increase the speed and transparency of cross-border payments, and… Read More

Multi-Currency Payments Platform WorldFirst Launches World Account for U.S. Businesses

WorldFirst, a UK-based multi-currency payments platform, announced on Tuesday it launched its World Account for U.S. businesses and online sellers. The solution made its debut after being launched by WorldFirst Co-Founder and CEO Jonathan Quin and Managing Director Jeff Parker while they were on stage… Read More

Mobile Payment Specialist CANCAN Partners With WorldFirst to Launch Alipay & WeChat Payments Across Europe

Mobile payments specialist CANCAN announced on Monday it has teamed up with international payments specialist WorldFirst to launch payments and marketing platform that enables Chinese payments methods Alipay and WeChat Pay across Europe. Founded in 2015, CANCAN enables payments and promotions globally through its omnichannel platform,… Read More

Wyre’s Retail Cross-Border Payment Service Now Being Acquired By WorldFirst

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

WorldFirst: UK SMEs Still Positive After All the Brexit Fears

Even while the parliamentary Brexit soap opera continues and elected officials debate the optimal strategy to cut the best deal with Brussels, UK SMEs remain resolute in their focus to move onward and upward whether they are are part of the EU or not. This… Read More

China: WeiyangX Fintech Review

PBOC Bans Unauthorized APP to Access Credit Rating System Recently, the People’s Bank of China (PBOC), China’s central bank, issued a document named, “Notice on Further Strengthening the Management of Credit Information Security” (Yinfa [2018] No. 102) (hereinafter referred to as “Document No. 102”), to… Read More

Payments Firm WorldFirst Says UK SMEs Look Beyond Brexit

WorldFirst, a Fintech payment platform, is out with a report on UK SMEs. Their ninth quarterly Global Trade Barometer is putting a positive spin on the UK economy as smaller firms position themselves for the post Brexit reality. WorldFirst says more payments are beginning to… Read More

Payments Platform WorldFirst Report: Number of UK SMEs Trading Internationally Declined by Half in 2017 Compared to End of 2016

WorldFirst, a global payments provider, has published their Global Trade Tracker that provides a glimpse of UK SME activity during the quarter. According to their numbers, international trading by UK SMEs declined by almost 50% in comparing Q4 of 2017 to the same quarter in… Read More

WorldFirst Launches International Payment Platform Putting Traditional Banks on Notice

WorldFirst has announced the launch of a multi-currency payment platform that makes international banking that much easier. The new World Account is available now to UK corporate customers. The new service seeks to help SMEs trading internationally that struggle to accomplish their goals using traditional… Read More

Final Spring Budget: Alternative Finance Provides Feedback on Chancellor of the Exchequer Philip Hammond’s Announcements [u]

Chancellor of the Exchequer Philip Hammond delivered the final Spring budget today. Many policy questions persist as the UK separates itself from the European Union: Will the UK be able to maintain its leading economic status in Europe? Will the UK hold onto its dominance… Read More

WorldFirst Report: Message from UK SMEs to High Street Banks is They Just Aren’t Cutting It

Currency transfer specialist WorldFirst has published a report that measures UK SME’s attitudes towards traditional finance. According to their research, agile Fintech firms are preferred over banks – specifically when it comes to foreign exchange. Jonathan Quin, CEO and co-founder of World First, commented on… Read More