remittances

Digital Beats Legacy in Sending Remittances to Remote, Rural Recipients
Digital Beats Legacy in Sending Remittances to Remote, Rural Recipients
August 16, 2022  |  Cross-border Payments

An essential part of migrant workers’ lives is sending money abroad to recipients who often depend on funds for critical expenses such as housing, food...

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Western Union Expands Integration With Visa Direct
Western Union Expands Integration With Visa Direct
August 09, 2022  |  Partnerships

Western Union is expanding its integration with Visa’s real-time money movement network Visa Direct to enable Western Union customers in the U.S. to send funds...

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Walmart’s Super App, Cashi, Marries Digital Payments and Cash in Mexico
Walmart’s Super App, Cashi, Marries Digital Payments and Cash in Mexico
July 26, 2022  |  Digital Payments

Cash is king, as the saying goes. Cash has attributes that people value. It’s tangible — with cash in hand, consumers know exactly how much...

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Wise’s Revenues Rise as Customers Up Money Transfers
Wise’s Revenues Rise as Customers Up Money Transfers
July 19, 2022  |  Cross-border Payments

British FinTech Wise saw its revenues increase 50% in the last quarter, with customers bringing forward money transfers in fear of volatility later this year....

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Payments FinTech Wizz to Acquire UAE Exchange
Payments FinTech Wizz to Acquire UAE Exchange
July 18, 2022  |  Acquisitions

Payments solutions FinTech Wizz Financial is preparing to rebrand after getting the approval of the United Kingdom’s Financial Conduct Authority (FCA) to acquire UAE Exchange...

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Zazuu Raises $2M for African Remittance Platform
Zazuu Raises $2M for African Remittance Platform
July 13, 2022  |  Investments

African money movement platform Zazuu has completed a $2 million fundraising round that will allow it to build a more robust remittance offering for residents...

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FinTech Innovative Payment Solutions, TV’s Mario Lopez Sign Endorsement Deal
FinTech Innovative Payment Solutions, TV’s Mario Lopez Sign Endorsement Deal
July 11, 2022  |  Financial Inclusion

Innovative Payment Solutions, Inc. (IPSI) has teamed with Mario Lopez, a TV personality who has appeared on “Access Hollywood” and “Saved by the Bell,” to...

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Payment Platform Kadmos Raises $29M
Payment Platform Kadmos Raises $29M
July 11, 2022  |  Investments

Berlin-based FinTech startup Kadmos has secured 29 million euros ($29 million) to grow its payment processing platform for migrant workers, according to a Monday (July...

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UK Muslims Say Eid Mubarak With International Remittances
UK Muslims Say Eid Mubarak With International Remittances
July 08, 2022  |  Global Payments

Eid-ul-Adha falls on the tenth day in the final month of the Islamic Lunar Calendar. That means that this year, it starts on Saturday (July...

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