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FXC Intelligence, a data platform specializing in the cross-borderpayment and e-commerce sectors, has released its annual selection of the world’s most promising cross-borderpayments companies in 2024. Another company from Singapore featured on the list is Tazapay.
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.
Aspire has partnered with fintech infrastructure provider Episode Six to introduce a multi-currency corporate card for small and medium-sized businesses (SMBs) in Singapore and Hong Kong. The new card is aimed at helping Aspires 50,000 SMB customers manage cross-borderpayments more efficiently.
Waza , a B2B payment provider for emerging market businesses, has announced the launch of Lync, its new multi-currency account platform that combines market-leading foreign exchange (FX) liquidity solutions with a cutting-edge banking experience to power a new age of global trade for emerging market businesses incorporated in the US, UK or EU.
The partnership brings Airwallex’s global payments and financial operating capabilities into the Viably ecommerce financial platform, allowing businesses to simplify cross-border transactions and management of multiple currencies in a single account.
Payall Payment Systems, the world’s first provider of end-to-end infrastructure that enables financial institutions to offer institutional-grade, safe, fast, low-cost, transparent and inclusive cross-borderpayments for B2X, P2X and G2X use-cases, has selected Ventura Capital to lead their Growth Round raise.
In this exclusive Fintech Review interview, Adam Swartzbaugh, CEO of Almond FinTech , discusses transformative cross-borderpayment technology. Almond’s blockchain-driven Settlement Optimization Engine (SOE) addresses critical speed, transparency, and cost challenges in cross-borderpayments.
equity stake in Jingle Pay , one of the fastest growing fintechs in the MENAP region. The Bank’s fintech investment underscores its commitment to driving digital transformation and fostering financial inclusion across key markets. Jingle Pay was recently awarded the top global fintech for remittances into Pakistan.
PayGlocal, which holds regulatory approval from the Reserve Bank of India, offers enterprise-level payment capabilities designed to support global transactions securely and at scale. Its multi-currency account offering will expand to support Australian Dollars, in addition to US Dollars, Euros, and British Pounds.
Following its collaboration with Dandelion, HSBC now offers fee-free transfers to over 100 destinations in more than 60 currencies, providing a seamless, real-time payment experience that bypasses the traditional correspondent banking model. Most of our clients are leading international lives.
Businesses and consumers paying into and out of the Middle East and North Africa (MENA) region will benefit from faster, cheaper and more transparent cross-borderpayments through a public-private collaboration between Mastercard and the Arab Regional Payment System, Buna.
Southeast Asias rapid digital growth is creating major opportunities for high-growth enterprises, but when it comes to managing cross-borderpayments, many businesses are still held back by fragmented infrastructure, currency complexities, and inefficient payment processing systems. Ershad Ahamed: Thanks very much!
Cross-borderpayment firm XTransfer and OCBC Bank have announced a partnership to provide small and medium-sized enterprises (SMEs) with enhanced financial services for international trade. The collaboration focuses on payment processing, foreign exchange, risk management, and wealth management solutions tailored to SMEs.
Nium, a global payments infrastructure provider, announced a partnership with Partior , a blockchain-based clearing and settlement network, at the Singapore Fintech Festival 2024. The partnership allows financial institutions to connect with Nium for faster, more transparent cross-borderpayments.
Merge, a London-based fintech, has received approval from French regulators to operate as both an electronic money institution (EMI) and a virtual asset service provider (VASP). This dual licensing enables the company to offer cross-borderpayment services that integrate traditional fiat currencies with blockchain-based stablecoin transfers.
Bank Alfalah , a commercial bank in Pakistan with a network of over 1,000 branches, has acquired a stake in Jingle Pay , a UAE-born fintech specialising in cross-border money transfers licensed by the Dubai Financial Services Authority (DFSA). per cent equity in the fintech firm.
Langbridge joined from Currencycloud where she played a key role in transforming the company from a UK-centric startup into a global cross-borderpayments company. Prior to joining Wise Platform, Sandhofer built out the European Commercial function at Nium and held senior roles at Payoneer and UniCredit.
Singapore FinTech Festival returned for its ninth annual edition, bringing together policy, finance and technology communities at the Singapore EXPO. Here’s our pick of the announcements made at Singapore FinTech Festival 2024. to broaden its merchant coverage network across Japan. .
With firms spending roughly $120billion (S$154.2billion) on cross-border transaction fees, alternatives are being sought after. According to a new report from the Project Guardian FX industry group, implementing tokenised bank liabilities and shared ledgers in cross-borderpayments and FX is a viable solution.
In a recent webinar hosted by the Fintech News Network, experts from the Bank for International Settlements (BIS), Wise, Airwallex, and LexisNexis Risk Solutions explored the latest trends and developments in cross-borderpayments, emphasizing the pioneering role of Southeast Asia in this rapidly evolving landscape.
BC Payments, a Singapore-based subsidiary of Luxembourg-licensed bank Banking Circle , has received in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license. Banking Circle is regulated by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg.
Cross-borderpayment firm XTransfer is leveraging its success in China to fuel an ambitious global expansion plan. Bill Deng “In Singapore, we have received in-principle approval for a major payment institution (MPI) license, and we will have the full license soon.
Through the new partnership, OpenPayd will support Ripple’s cross-borderpayments solution, Ripple Payments, with its global fiat infrastructure, including real-time payment rails, multi-currency accounts and virtual IBANs. OpenPayd will provide direct minting and burning capabilities for Ripple USD.
Aspire , a leading fintech headquartered in Singapore, has announced the launch of its Visa corporate card tailored specifically for small and medium-sized businesses in Hong Kong. As growth remains the top priority for SMBs, nearly 79% are focused on expanding through cross-border transactions.
Here, he provides insights on cost-effective cross-borderpayment strategies for businesses. Sam Coyne, CEO, Currenxie Accelerating and reducing the cost of cross-borderpayments is a critical concern for any business operating in the international arena.
The Interledger Foundation , an organization building and advocating for an open, interoperable payment network, and Chimoney , a fintech company providing multi-currency wallets and infrastructure for cross-borderpayments, today announced their work to power cross-borderpayments between more than 130 countries worldwide.
Clear Junction , a global leader in cross-borderpayments for regulated financial institutions, has once again been recognised in the 2025 FT 1000 , the Financial Times’ prestigious ranking of Europe’s fastest-growing companies.
The Interledger Foundation, an organization building and advocating for an open, interoperable payment network, and Chimoney, a fintech company providing multi-currency wallets and infrastructure for cross-borderpayments, today announced their work to power cross-borderpayments between more than 130 countries worldwide.
YouTrip, a Singapore-based multi-currency digital wallet, has launched a new service enabling users to send money internationally. The feature allows transfers in local currencies to more than 40 countries via bank transfers and instant payment methods like DuitNow, GCash, and UPI in select countries.
OCBC has previously collaborated with Ant International, joining Alipay+’s network in 2023 to facilitate cross-borderpayments between Singapore, Malaysia, and South Korea.
Making cross-borderpayments simple Liv, the UAE’s first and largest digital bank launched by Emirates NBD, is introducing a new way to flex, letting people access multiple currency accounts from a single card. The Affirm Card is currently used by over 1.4 million consumers in the U.S.
The Ultimate Guide for Founders, CFOs, and Finance Teams Choosing the right fintech stack can make or break a company’s financial operations. Whether you are a B2B founder building a global marketplace, a CFO steering a SaaS scale-up, or a finance team tasked with managing complex payments, finding the best fintech tools is critical.
Today, Ripple , the leader in enterprise blockchain and crypto solutions, announced a new partnership with Clear Junction , the global leader in cross-borderpayments solutions for regulated institutions. A host of new currencies are scheduled to be switched on for Ripple customers later this year.
This week’s edition of Finovate Global looks at recent fintech headlines from Ireland. Nomupay Raises $40 Million at $290 Million Valuation Courtesy of an investment from SBPS, a subsidiary of Japan’s SoftBank, Irish fintech Nomupay has secured €35 million ($40 million) in new funding.
Numeral , a Mambu company and leading payment technology provider for financial institutions, and Argentex Group PLC, a London-headquartered currency risk management and alternative banking specialist, today announced that Argentex has selected Numeral as its strategic payment technology provider to transform its payments and FX infrastructure.
From a Press Release dated June 11, 2025, Philadelphia, Pennsylvania Matera , a leading financial technology provider, has partnered with Circle , the global issuer of the USDC stablecoin, to integrate stablecoins as a mainstream payment method within core banking systems.
The in-principle approval (IPA) for a major payment institution (MPI) licence means Currenycloud can offer customers based in Asia Pacific the ability to collect, convert, hold, send, and spend multiple currencies simultaneously across 180 countries and territories.
Powered by Airwallex’s global financial infrastructure and payments capabilities, Panax customers can now directly execute cross-borderpayments and foreign exchange (FX) transactions within the Panax platform.
The goal of the new format is to enhance the quality of financial messaging, facilitate cross-borderpayments, and reduce manual processing. Finzly’s Fedwire solution provides instant settlement, real-time visibility, and complete automation for Fedwire payments.
LemFi – the international payments pioneer – is today announcing it has acquired UK credit fintech Pillar to accelerate their shared mission of empowering immigrant communities with fair, fast and accessible financial services.
This makes QNB the first bank in Qatar to use KDP’s blockchain deposits accounts for 24/7 settlement of their corporate flows, facilitating and automating on-demand multi-currencycross-borderpayments. This was the first-of-its-kind commercial payment offering between Kinexys by J.P.
Central bank digital currencies (CBDCs) have a lot of potential to uproot the cross-borderpayments market. The cross-borderpayment was completed using the Central Bank of the UAE’s (CBUAE) mBridge platform and marks a significant step forward in the international payments market.
As a result of leveraging Airwallex’s end-to-end payment system, McLaren Racing today receives competitively priced foreign exchange (FX) rates and moves money through an extensive local payout network. McLaren Racing now has the flexibility to pay each global vendor in their local currency while reducing transfer times.
The Fintech Times Bi-Weekly News Roundup takes a look at the latest fintech stories from around the world on Thursday 24 April 2025. Franko brings over 25 years of experience in the fintech industry, having held executive leadership roles at the likes of Nium , Nuvei , dLocal , and EMS.
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