remittance

TransferWise moves into Asia Pacific with opening of regional HQ in Singapore

TransferWise, the billion-dollar valued startup that reduces the cost of cross-border payments, has taken a big step to globalizing its service after it opened an Asia Pacific office in Singapore. Th

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 th

Circle removes ability to buy and sell Bitcoin as it doubles down on mobile payments

Launched in 2013, Circle is a consumer finance company originally built with the goal of using the Bitcoin blockchain as a payments platform. Part of that was achieved by offering customers the abilit

WorldRemit’s Ismail Ahmed thinks mobile money accounts are the future

WorldRemit founder and CEO Ismail Ahmed took the stage at TechCrunch Disrupt London to talk about his company and his views on the future of remittances. While you might be more familiar with companie

Remitly raises $38.5M more to take on Western Union, passes $1b transferred annually

Remittances are a huge business, with $582 billion transferred in 2015 and $432 billion of that sent specifically to emerging markets, according to the World Bank. Today, one of the bigger star

InstaRem raises $5M to make overseas money transfers cheaper and faster in Asia

InstaRem, an international remittance payments startup headquartered in Singapore, has raised $5 million in a round led by Vertex Ventures.

Western Union Brings Money Transfer And Its Tricky Fees To Chat Apps

Remittance has always been a shady business. Migrant workers need to send money they earn home to their families, but get hit with fine print fees so less cash comes out the other side than they might

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&#8217

Regalii, A Startup In NYC’s Washington Heights, Uncovers Where Immigrants’ Remittances Really Go

It’s not a converted industrial warehouse in Brooklyn. Or a stately, century-old building in the Flatiron. But YC-backed Regalii’s atypical office location up in the Dominican-heavy Wash

Remitly Buys Talio To Boost Its Money Transfer App With Messaging Features

While Facebook moves deeper into using its Messenger platform as a vehicle for people to transfer money to each other, an app built for helping people transfer money is adding more messaging features.

Ayannah Raises $1M To Serve The Philippines’ Rapidly Growing Remittance Market

<a target="_blank" href="http://www.ayannah.com/">Ayannah</a>, a digital payments startup based in the Philippines, has raised $1 million in new funding from Japanese venture capital firms IMG Investm

Filipino Gift-remittance Startup Ayannah Gets $1M Angel Round

Ayannah, a gift-remittance startup in the Philippines, just received $1 million in its first angel round. The company’s service is called Sendah, and allows Filipinos working overseas to pay for