money transfers

Remitly is raising up to $115M led by Naspers’ PayU to double down on remittances

International remittances continues to be one of the biggest financial services in developing countries, with $450 billion getting sent from countries like the U.S. to emerging markets in 2017 alone,

Alibaba’s Ant Financial may have won the bidding war for MoneyGram after upping its offer to $1.2B

Ant Financial, the Alibaba affiliate company focused on financial services, appears to have finally won its battle with Euronet to acquire MoneyGram, the U.S.-based cross-border payments service, afte

Euronet outbids Alibaba’s Ant Financial with $1 billion offer for MoneyGram

Alibaba's conquest to own a piece of the global money transfer industry just suffered a huge blow after Euronet outbid its fintech affiliate business for the proposed acquisition of MoneyGram, a popul

Currencycloud, maker of APIs for remittance startups, raises £20M led by GV

Another fintech startup has raised a growth round to tap into the estimated $25 trillion market for money transfers. London-based Currencycloud, which builds tools for payment companies to use by way

Payments startup Dwolla raises $6.85M more, debuts Access API

Some news today from Dwolla, the startup that competes with banks (but also works with them) to provide payments and money transfers with reduced fees by way of more efficient software. The company

Remitly, Formerly BeamIt, Raises $2.6M More For International Mobile Money Transfers

Mobile payments platform <a target="_blank" href="https://www.remitly.com/">Remitly</a> (formerly BeamIt), which allows U.S. users to transfer money overseas, has raised an additional $2.6 million,