cross border commerce

Finofo secures funding to challenge traditional forex with automated solution

Exchange rate volatility has long been a major headache for cross-border businesses. Historically, companies have sought protection by purchasing foreign exchange (FX) insurance or options, but most o

Prime today, gone tomorrow: Chinese products get pulled from Amazon

If you ever bought power banks, water bottles, toys or other daily goods on Amazon, the chances are your suppliers are from China. Analysts have estimated that the share of Chinese merchants represent

Logistics startup Freightos raises $44.4M Series C led by Singapore Exchange

Freightos, a marketplace for logistics providers, announced today that it has raised a $44.4 million Series C led by Singapore Exchange. Returning investors including General Electric Ventures (the le

Asia Pacific cross-border payment startup Airwallex lands $3M

Fintech companies are continuing to draw interest from investors in Asia. The latest company to pull in financing is Airwallex, a China-Australia startup that specializes in cross-border transactions.