Viber, the messaging app owned by Japanese e-commerce giant Rakuten, has long been dancing around the area of fintech, launching services like money transfer and chatbot payments in various countries
The Federal Trade Commission is suing Walmart for sitting by while scammers bilked customers out of more than $197 million, the agency alleged in a statement on Tuesday. It’s seeking a court ord
Cross-border remittances — when people living and working abroad send money back home to friends and family — continues to be a huge part of how those living in developing countries, off t
Remittances — specifically when people in developed countries send money to family or friends in emerging markets — continue to be a huge lever to help those in more challenging economies
With more people than ever before going online to pay for things and pay each other, startups that are building the infrastructure that enables these actions continue to get a lot of attention. In the
Remittances — when people send money internationally to family and friends, or as a payment — has long been one of the most important levers for getting funds to people in developing econo
International money transfer startup TransferWise’s debit card is now available in Australia and New Zealand, with a Singapore launch expected by the end of this year as the company expands its pres
The value of remittances globally continues to rise, and today a startup that has built a business targeting money transfers into emerging markets has raised a large round of growth funding to capital
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
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 i
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
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 th
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&#
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 an
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’
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 s
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, re
<a target="_blank" href="https://www.worldremit.com">WorldRemit</a>, a London-based startup that is tackling the antiquated consumer money wiring/remittance market with an easy and traceable online so
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 w
Global mobile money transfer service m-Via is officially rebranding as <a target="_blank" href="http://www.useboom.com/">Boom Financial</a> today as it announces the close of a $17 million round of fu
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