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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.
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.
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.
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.
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: Absolutely.
PagoNxt Payments is powering Getnets cross-border growth through the integration of its advanced FX Engine and DCC (dynamic currency conversion) solution.
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.
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.
This dual licensing enables the company to offer cross-borderpayment services that integrate traditional fiat currencies with blockchain-based stablecoin transfers.
This collaboration makes Nium the first fintech payment service provider to join the Partior network, unlocking new capabilities such as programmable enterprise liquidity management and Just-in-Time multi-bank payments for financial institutions.
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.
This collaboration leverages Bank Alfalah’s extensive infrastructure to amplify Jingle Pay’s impact on cross-borderpayments and digital banking, advancing its ambitious vision for the MENAP region. The partnership will create synergies in cross-borderpayments strengthened by shareholder MoneyGram.
This collaboration leverages Bank Alfalah’s extensive infrastructure to amplify Jingle Pay’s impact on cross-borderpayments and digital banking, advancing its vision for the region. It hopes that by establishing a local presence in Pakistan, it can strengthen its cross-border capabilities.
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.
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.
As Canadian businesses look to expand internationally, one crucial component of successful growth is handling cross-borderpayments smoothly and efficiently. Many payment processors offer international capabilities, but it’s important to select one that aligns with your target markets.
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. A focus on Southeast Asia Founded in 2017 and headquartered in Shanghai, XTransfer is a business-to-business (B2B) cross-borderpayment specialist.
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.
Privat 3 Money introduces a multi-currency account in collaboration with ClearBank, enabling seamless transactions in EUR, USD, CHF, and CAD under a single IBAN. Key features include simplified international transactions, user-friendly FX solutions, and API-driven technology for enhanced control.
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.
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.
As growth remains the top priority for SMBs, nearly 79% are focused on expanding through cross-border transactions. Aspires Visa card empowers Hong Kong SMBs to thrive in the modern global economy by offering access to multi-currency and seamless cross-borderpayments.
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.
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.
E-commerce payments provider dLocal has added a merchant dashboard to provide a simpler display of transactional data and multi-currency management for cross-borderpayments.
OCBC has previously collaborated with Ant International, joining Alipay+’s network in 2023 to facilitate cross-borderpayments between Singapore, Malaysia, and South Korea.
CurrencyWave , a Leeds-based cross-borderpayments firm, has launched a new multi-currency account to help remove borders from paying in foreign currencies for smaller firms, a report from Business Up North states. For example, if a U.S. In terms of U.S.
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.
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 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.
Where legacy systems once required separate integrations for each payment gateway, POPs now provide a unified interface that enables businesses to access and manage numerous providers, currencies, and payment methods across regions.
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.
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.
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.
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.
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.
. “For Visa, this is an opportunity to deliver innovations that enhance payment experiences across Asia Pacific with greater flexibility, security, and convenience. Visa is committed to meeting the evolving demands of consumers and merchants, ensuring seamless and secure payments.”
YouBiz, a multi-currency corporate card and spend management platform by YouTrip , has introduced a new Chinese Yuan Renminbi (CNY) remittance corridor. This move addresses the growing need for efficient and cost-effective cross-border transactions between Singapore and China.
Currency risk management and alternative banking specialist Argentex announced French fintech Numeral as its strategic payment technology partner. The partnership will help Argentex optimize payment execution and give the firm advanced reconciliation capabilities. This helps maintain strict control and compliance standards.
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