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FXC Intelligence, a data platform specializing in the cross-borderpayment and e-commerce sectors, has released its annual Cross-BorderPayments 100 list, highlighting the 100 most influential players in global payments. The company is currently valued at US$5.5 billion, according to CB Insights.
Licensed as a Major Payment Institution (MPI) by the Monetary Authority of Singapore (MAS), OPAL offers domestic and cross-borderpayments, payment accounts, and e-money services. The implementation was planned for the progressive phasing in of new services, and the experience for the initial phase was smooth.
Wise , an internationalpayments service, has received in-principle approval from the Reserve Bank of India (RBI) to operate as a cross-borderpayment aggregator, CNBC reported on Tuesday. It has established a full-stack office in Hyderabad, led by APAC Head of Engineering Smrithi Ravi.
The partnership will enable Zempler Bank to launch a new Outbound InternationalPayments service that will allow its customers to make internationalpayments in both USD and EUR. One of the challenges is the complexity and cost of cross-border banking. billion a year.
FXC Intelligence, a data platform specializing in the cross-borderpayment and e-commerce sectors, has released its annual selection of the world’s top cross-borderpayment companies, recognizing the leading publicly traded companies, startups and private companies operating in the space worldwide.
TransferMate Announces Strategic Partnership with Deutsche Bank Embedded B2B payments infrastructure-as-a-service company TransferMate has forged a strategic partnership with Deutsche Bank. The partnership will enable TransferMate to provide in-country collections, cross-borderpayments, and local fund storage.
Nium , the leading global infrastructure for real-time cross-borderpayments, today announced a partnership with Ecobank Transnational Incorporated., the leading independent pan-African financial services group, to enable seamless cross-borderpayments across 35 African markets for more than 32 million customers.
dLocal, the leading cross-borderpayment platform specializing in emerging markets, today announced a strategic partnership with MoneyGram, a leading global financial technology company that connects the world’s communities.
Singapore-based fintech firm Lightnet has entered a global partnership with B2B global payments infrastructure-as-a-service provider TransferMate with the aim to enhance cross-border remittance and payment solutions. We aim to enhance our customer experience and remove transaction barriers.
dLocal (NASDAQ: DLO), a leading cross-borderpayment platform for emerging markets, announces today an expanded relationship with PayPal to offer businesses access to payment processing and local payment methods in more than 40 new untapped emerging markets.
Mumbai-based fintech company BriskPe has tied up with Currencycloud , a provider of B2B embedded cross-border solutions, to expand its customers’ payment options. The collaboration is aimed at providing Indian businesses with competitive foreign exchange rates and more efficient payment processes.
The agreement allows FOMO Pay to streamline USD payments by leveraging BNY’s direct clearing capabilities, global reach, and expertise to improve the speed and efficiency of cross-border transactions. The collaboration integrates BNY’s payment infrastructure with FOMO Pay’s offerings.
We’re delighted to partner with Wise Platform to bring that to life, enabling DeepPocket users to access cheaper and faster internationalpayments seamlessly within the app. The post Thailand’s T2P Taps Wise Platform to Offer Global Money Transfers for DeepPocket Users appeared first on Fintech Singapore.
Internationalpayments specialist Ebury arrives in New Zealand Ebury , a specialist in internationalpayments and collections, opened new offices in New Zealand this week. Romania’s national mobile payment system, RoPay, went live this week. The firm is headquartered in West Hollywood, California.
Together, Nium and Ebury will enable businesses to send or receive fast, reliable, and affordable cross-borderpayments to and from Brazil. Building on its global customer base and breadth of coverage across APAC, the U.S. Executive Director at Ebury Bank in Brazil.
Thunes hires former Worldpay exec as new CFO Singapore cross-borderpayments company Thunes has hired Sigrid Hulsebosch as its new CFO. Wise’s office space in Paya Lebar Quarter has been expanded to 23,000 square feet, making it its Asia Pacific (APAC) hub, where 450 employees work—more than double the number in 2022.
With a strong presence in eight Asia Pacific markets, including Australia, New Zealand, Hong Kong, India, Indonesia, Japan, Singapore, and Malaysia, Wise is becoming known across the global cross-borderpayment landscape by offering transparent, fast, and cost-effective solutions. billion in fees in 2022 alone.
Currencycloud has teamed up with BriskPe , the Mumbai-based cross-borderpayments fintech, to expand BriskPe’s customers’ payment options. “What’s more, Currencycloud’s enhanced scalability allows us to deliver value to our clients without compromising on service quality.”
Cross River Provides embedded payments, banking, and lending infrastructure for fintechs, with a strong compliance focus. It is non-negotiable for any business handling payments, onboarding customers, or moving money across borders. Best for : SMEs needing efficient cross-border banking.
Airwallex , the internationalpayments company, announced Tuesday (July 3) that it raised $80 million via a round of fundraising. Airwallex said that, with the funding, the company is aiming to speed up the production of its cross-borderpayment technology. It has already completed successful connections in China.
Currencycloud, the experts in simplifying business in a multi-currency world, has partnered with BriskPe , the Mumbai-based cross-borderpayments Fintech, to expand BriskPe’s customers’ payment options.
The Payments division of StoneX ( StoneX Payments ) will supply NatWest with third-party delivery and international FX payment systems, allowing the bank’s corporate clients to transfer money to more nations with ease.
Unlimit , the global fintech company, announced today a global partnership with VTEX (NYSE: VTEX), the composable and complete commerce platform for premier brands and retailers to further succeed with integrated global and agile payment service solutions. Merchants in the UK, U.S.
Ebury , the fintech specialising in transactions for SMEs, has expanded its partnership with Nium , the real-time global payments company, to deliver a new global remittance service in Brazil. Currently, Nium’s payment network supports payouts in over 100 currencies to more than 190 countries, 100 of them in real-time.
“From a payments perspective, carrier billing provides this advantage, as it simplifies user onboarding and boosts conversion compared to traditional payment methods.”. Myanmar -based MySQUAR has rolled out a cross-border remittance service in a soft launch for its mobile money platform, Proactive Investors reported.
Worldline partners with BOCHK Internationalpayment services company Worldline has forged a partnership with the Bank of China (Hong Kong), also known as BOCHK. ” “Catering to local payment preferences is crucial for success in the Hong Kong market,” Checkout.com General Manager of APAC Brian Sze said.
More appointments 10x Banking, the cloud-native SaaS core banking platform, appoints Will Dale as its regional vice president in APAC. Nium, the real-time cross-borderpayments company, is teaming up with Artajasa, an Indonesian payment infrastructure companies.
With its proprietary infrastructure, Airwallex takes the friction out of global payments and financial operations, empowering businesses of all sizes to unlock new opportunities and grow beyond borders. In 2023, the company processed over 50 million transactions and achieved annual volume close to US$80 billion.
As a part of the joint venture, SBI Holdings will launch an engineering and business development team to sell and install Ripple’s cross-borderpayments solutions for banks across the Asia region: Japan. Australia-based Ripple APAC will continue to service Australia, New Zealand, Singapore, India and the Middle East.
has been granted In-Principle Approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). EBANX serves leading enterprise merchants from APAC, with 39% of its total processed volume in 2024 coming from the region.
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