Money Transfer
Banks Remain Costliest Remittance Providers
Although wire transfers might be the quickest and most convenient way to send money, it is also exorbitantly pricey, especially when it involves international transfers. In fact, the World Bank’s Q1 2021 Remittance Prices World Quarterly report found that banks
Read More
WorldRemit Raises US$292 Million at a Valuation of US$5 Billion, Rebrands as Zepz
Zepz, a digital cross-border payments platform formerly known as WorldRemit, has raised US$292 million in a Series E financing round to achieve a valuation of US$5 billion. The round includes new equity investors Farallon Capital among others, as well as backing
Read More
Wise Makes Its Debut on the London Stock Exchange, Now Valued at US$11 Billion
Wise, a London-based remittance firm, has begun trading on the London Stock Exchange’s (LSE) main market through a direct listing. According to a statement by the LSE, this marks the first direct listing of a technology company in its history.
Read More
YAPEAL Integrates Wise Platform to Bring Cheaper, Faster Remittance Services
YAPEAL, developer of a blockchain-inspired digital-to-the-core and cloud-native banking platform for the Swiss retail banking market, has integrated the Wise platform to bring cheaper, faster international payments to its customers. The firm’s customers will now be able to access Wise’s
Read More
Wise Seeks to Be the First Tech Firm With Direct London Listing
Wise, a London-based remittance firm formerly known as TransferWise, is seeking the first direct listing of a technology company on the London Stock Exchange. The firm said that it has no plans to raise capital ahead of the listing. Reuters
Read More
Monito-Ranking: Wise Named Best Money Transfer Service
UK-headquartered Wise, formerly TransferWise, has been named the best money transfer service in the world, ranking the highest in trust and credibility, service quality and customer satisfaction, a research by money transfer comparison website Monito found. Wise secured the highest
Read More
Wise Goes Live on Temenos for Transparent, Real-Time Remittance to Banks Worldwide
Swiss banking software company Temenos announced that Wise, formerly known as TransferWise, is now live on Temenos MarketPlace. The Temenos MarketPlace comprises over 50 curated fintech solutions, enabling Temenos’ clients to innovate and differentiate quickly. The addition of Wise Platform,
Read More
Remitly Receives Investment From Visa Ahead of IPO Plans
Remitly, a mobile-first provider of remittances and financial services for immigrants, announced that it has received an undisclosed sum of equity investment from Visa. News of the funding comes days amidst reports that Remitly is preparing for an initial public
Read More
Visa Expands Real-Time Push Payments with Introduction of Visa Direct Payouts
Visa has announced the expansion of Visa Direct, a real-time push payments platform, with the introduction of Visa Direct Payouts. The new solution allows Visa’s clients and partners around the world to use a single point of connection to push
Read More
ti&m ist erster unabhängiger Integrationspartner für «TransferWise for Banks» in der Schweiz
ti&m und das führende Technologieunternehmen TransferWise geben heute eine strategische Partnerschaft bekannt. Im Zuge dieser Partnerschaft ist ti&m der erste unabhängige Schweizer Technologie-Dienstleister, der «TransferWise for Banks» nahtlos bei Schweizer Banken implementieren kann. Ab sofort kann ti&m die Technologieinfrastruktur von
Read More
Close Window
Loading, Please Wait!
This may take a second or two.