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BancBox Debuts Its Payments Platform: You Could Build A PayPal On This
BancBox, a startup that’s been flying under the radar over a year, is launching its new payment services platform today. At first, you might think the most apt comparison is that of Stripe, which also...
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Bringing Banking To Immigrants & Unbanked, m-Via Rebrands As Boom Financial,...
Global mobile money transfer service m-Via is officially rebranding as Boom Financial today as it announces the close of a $17 million round of funding, led by mobile operator Digicel Group Ltd. The...
View ArticleMobile Money Transfer Service Remitly Closes $5.5 Million Series A
Though the tech world is frothing over the potential found in new cryptocurrencies like Bitcoin, other companies have been working to solve the very real (if less buzzy) needs of today’s users who want...
View ArticleMoney Transfer Startup WorldRemit Collects Its First Investment, $40M From Accel
WorldRemit, a London-based startup that is tackling the antiquated consumer money wiring/remittance market with an easy and traceable online solution, has collected some money of its own: a $40 million...
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Square Cash 2.0 Adds Free Money Transfer By Text Message, Payment Notes And More
Square has a new update out for its Cash app that lets users send cash by text, greatly improving the versatility of the mobile payment app. The update also improves the user interface for sending,...
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A16Z Leads $58M Round In UK’s TransferWise To Ramp Up Its P2P Transfer Business
TransferWise, the fast-growing UK-based P2P money transfer startup that has reportedly been in talks with Facebook for remittance services, has raised a large tranche of funding led by one of the...
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TransferTo Is The Piping That Sends Cash And Phone Minutes To Overseas...
Getting lots of money from point A to point B is pretty easy if you have lots of money. If you want to send a little money, however, you run into a lot of problems. That’s where TransferTo comes in....
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Families Get Screwed Sending Dollars To Mexico. TransferWise Does It 4X Cheaper
Money transfers are a crooked racket. They’re designed to hide just how much cash they steal from immigrant workers sending funds to family back home. Western Union, Moneygram, even PayPal’s Xoom...
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B2B payment service Payoneer acquires escrow-as-a-service platform Armor...
Payoneer helps businesses and B2B marketplaces move money across borders. It’s one of the biggest companies in this space; its customers include the likes of Amazon, Fiverr, Airbnb, Upwork and...
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Remitly raises another $38M, adds World Bank’s IFC as it pushes into emerging...
Remitly, a startup co-founded and led by a former executive of Barclays who saw a gap in the market to build money transfer and other financial services for emerging markets and the “unbanked”, is...
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Veem, formerly Align Commerce, gets $24M from GV, others for its Venmo for SMBs
Remittances — the business of money transfers — is a fragmented and huge market, currently estimated to be worth some $25 trillion annually. Now, one of the more interesting startups in the field —...
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Android Pay now used for international P2P transfers, courtesy of WorldRemit
AndroidPay, Google’s wallet for Android devices, is getting a boost in its global profile and functionality today: WorldRemit, the $500 million remittance startup connected to around 120 million...
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Zelle, the U.S. banks’ Venmo rival, will launch its mobile app next week
Zelle, the PayPal rival backed by more than 30 U.S. banks, is preparing to launch its standalone mobile app on Tuesday, September 12th. The move is meant to give the U.S. banking industry a foothold...
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Spanish bank launches money-transfer app focused initially on US-Mexico...
BBVA, Spain’s second-largest bank that snatched up mobile banking startup Simple for $117 million back in 2014, is now entering the mobile money transfer business with today’s launch of a new app...
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BancBox Debuts Its Payments Platform: You Could Build A PayPal On This
BancBox, a startup that’s been flying under the radar over a year, is launching its new payment services platform today. At first, you might think the most apt comparison is that of Stripe, which also...
View ArticleClik here to view.
Bringing Banking To Immigrants & Unbanked, m-Via Rebrands As Boom Financial,...
Global mobile money transfer service m-Via is officially rebranding as Boom Financial today as it announces the close of a $17 million round of funding, led by mobile operator Digicel Group Ltd. The...
View ArticleMobile Money Transfer Service Remitly Closes $5.5 Million Series A
Though the tech world is frothing over the potential found in new cryptocurrencies like Bitcoin, other companies have been working to solve the very real (if less buzzy) needs of today’s users who want...
View ArticleMoney Transfer Startup WorldRemit Collects Its First Investment, $40M From Accel
WorldRemit, a London-based startup that is tackling the antiquated consumer money wiring/remittance market with an easy and traceable online solution, has collected some money of its own: a $40 million...
View ArticleClik here to view.
Square Cash 2.0 Adds Free Money Transfer By Text Message, Payment Notes And More
Square has a new update out for its Cash app that lets users send cash by text, greatly improving the versatility of the mobile payment app. The update also improves the user interface for sending,...
View ArticleA16Z Leads $58M Round In UK’s TransferWise To Ramp Up Its P2P Transfer Business
TransferWise, the fast-growing UK-based P2P money transfer startup that has reportedly been in talks with Facebook for remittance services, has raised a large tranche of funding led by one of the...
View Article