Money Transfer

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

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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

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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

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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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