Money Transfer
Remitly Announces $85 Million Round as Digital Remittances Surge Globally
Remitly, a mobile-first provider of remittances and financial services for immigrants announced a $85 million funding round to fuel the company’s growth as the global demand for digital remittances continues to surge during the COVID-19 pandemic. The funding will enable
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Hypi Lenzburg und neon erweitern Open-Banking-Angebot mit TransferWise
Fintech-Premiere auf dem Schweizer Finanzplatz: Die Konto-App neon bietet neu Auslandsüberweisungen von TransferWise an und wickelt sie über die offene Bankenplattform Finstar der Hypothekarbank Lenzburg ab. Es ist das erste Mal, dass die Technologie des britischen Fintech-Unternehmens bei einer Schweizer
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Transferwise Expanding Partnership With N26 for International Money Transfers
Since 2016, TransferWise for Banks and N26 have partnered to offer fast, low-cost and transparent international transfers to customers, straight from within the N26 app. Transferwise now expanded the partnership to allow N26 customers to send to even more countries – including
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b-sharpe: FX Transactions 5 to 10 Times Cheaper than a Bank
COVID-19 is impacting businesses of all sizes and from all industries. In Switzerland, gross domestic product (GDP) is expected to contract by around 6% this year in one of the strongest declines since the oil crisis in the 1970s, the
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Santander Launches Pagofx to Compete With Transferwise: No Fees for Two Months
Banco Santander announced the launch of PagoFX, a low-cost international money transfer service, in the UK. This new service, available via a mobile app, allows UK residents with a debit card issued by any UK bank or financial entity to
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Spicehaus Partners sichert Amnis Series-A Finanzierungsrunde
Das Zürcher Startup AMNIS vereinfacht Währungsgeschäfte und internationale Zahlungen für kleine und mittlere Unternehmen. Um die Dienstleistung in Zukunft europaweit anzubieten, sicherte sich AMNIS in einer Series-A-Finanzierungsrunde das benötigte Kapital. Die Finanzierungsrunde wurde mit dem Spicehaus Swiss Venture Fund als
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Migros Invests in Swiss Fintech Startup B-Sharpe
Migros Geneva and B-Sharpe have announced the signing of a strategic and financial partnership. This alliance, the first of its kind in Switzerland, opens up new opportunities for the two companies who, as they roll out the b-sharpe solution, are
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PayPal Expands its Money Transfer Service Xoom to 32 European Markets including Germany and Baltic
Today, PayPal launched Xoom—its international money transfer service—in 32 markets across Europe. Unfortunately, Switzerland is not on that list. Markets include: Austria, Belgium, Cyprus, Denmark, Estonia, Finland, France, French Guiana, Germany, Gibraltar, Greece, Guadeloupe, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta,
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7 Top Money Transfer Companies from the UK
The UK, and most particularly London, is undeniably one of the leading fintech hubs in the world. In 2015, VC-backed fintech investment reached an all-time high in the UK with US$962 million through 61 deals, according to KPMG and CB Insights.
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With US$40 Trillion Transfers in 2018, SWIFT Gpi is Working on New Features
SWIFT announced that more than US$40 trillion has been transferred over the SWIFT gpi service in 2018. Rapid adoption saw the share of cross-border messages using gpi soar from 15% at the start of 2018, to 56% by the end
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