remittances

Coinbase Offers Crypto Remittances to Mexico, Challenges Western Union
Coinbase Offers Crypto Remittances to Mexico, Challenges Western Union
February 15, 2022  |  Cross-border Payments

Cryptocurrency exchange platform Coinbase is getting into international money transfers, joining a mammoth market dominated by big companies like Western Union, Bloomberg reported Tuesday (Feb. 15)....

READ MORE >
Western Union, Travel Wallet Team on Remittances in S. Korea
Western Union, Travel Wallet Team on Remittances in S. Korea
February 15, 2022  |  Partnerships

Western Union, which works in cross-border and cross-currency payments, announced Tuesday (Feb. 15) that it has teamed with Travel Wallet to offer money transfer services...

READ MORE >
Korean FinTech WireBarley Collaborates With TenCent on Payments to China
Korean FinTech WireBarley Collaborates With TenCent on Payments to China
February 15, 2022  |  Cross-border Payments

Korean money transfer service WireBarley formed a partnership with Tencent Financial Technology for overseas remittances, the company said in a news release Tuesday (Feb. 15)....

READ MORE >
London FinTech Startup Zepz Mulls $6B NY Listing, Bypassing UK
London FinTech Startup Zepz Mulls $6B NY Listing, Bypassing UK
February 02, 2022  |  IPO

London cross-border transfer startup Zepz is weighing an initial public offering (IPO) on Wall Street at an estimated $6 billion valuation, bypassing the U.K.’s push...

READ MORE >
Revolut to Offer US Consumers Free Remittances to Mexico
Revolut to Offer US Consumers Free Remittances to Mexico
January 28, 2022  |  Cross-border Payments

Global finance app Revolut has announced that U.S. customers can transfer money to Mexican bank accounts, according to an emailed press release Friday (Jan. 28)....

READ MORE >
From Startups to Institutions: Solving X-Border Challenges in Africa to Facilitate Remittance Flows
From Startups to Institutions: Solving X-Border Challenges in Africa to Facilitate Remittance Flows
January 27, 2022  |  Global Payments

For most consumers sending money abroad, peer-to-peer (P2P) payments are slow and costly. According to data PYMNTS gathered on cross-border remittances, of the 70% of...

READ MORE >
Binance Ending Halt on SEPA Payments
Binance Ending Halt on SEPA Payments
January 26, 2022  |  Cross-border Payments

Cryptocurrency exchange Binance is preparing to once again accept deposits from the Single Euro Payments Area (SEPA), ending a months-long freeze. As Bloomberg News reported,...

READ MORE >
Equity Firms Line Up to Buy Moneygram
Equity Firms Line Up to Buy Moneygram
January 25, 2022  |  Acquisitions

A trio of private equity firms have submitted competing offers to acquire MoneyGram International, Reuters reported Tuesday (Jan. 25). Sources say Madison Dearborn Partners LLC,...

READ MORE >
Dock to Use Crypto in International Money Transfers
Dock to Use Crypto in International Money Transfers
January 23, 2022  |  Cryptocurrency

Brazilian financial services provider Dock plans to use cryptocurrencies to process international remittances, according to a Friday (Jan. 21) Reuters report. The company also plans...

READ MORE >