Search Results for: digital cross-border commerce

MonetaGo Provides First-Ever Global Solution to Duplicate Financing Fraud in Trade Finance
Finance Fintech News

MonetaGo Provides First-Ever Global Solution to Duplicate Financing Fraud in Trade Finance

Fintech News Desk
by Fintech News Desk0
MonetaGo, a financial technology solutions provider, announced a new platform to combat financing fraud in trade finance on a global level. “Information silos between lenders results in duplicate financing fraud as they often have little insight into whether the client has submitted transactions for financing to other lenders” The world......
Egyptian Fintech MNT-Halan Attracts Circa US$120 Million From Global Investors
Fintech News

Egyptian Fintech MNT-Halan Attracts Circa US$120 Million From Global Investors

Fintech News Desk
by Fintech News Desk0
− MNT-Halan’s fintech ecosystem connects consumers, vendors and micro-enterprises through a digital platform and payment solutions − The highly scalable solution is disrupting the under-penetrated and fast growing mass market in financial services in Egypt − Investment signals significant interest and commitment from global investors to the fintech opportunity in Egypt − MNT-Halan to......
PayPal To Acquire Paidy
Digital Payments E-commerce Featured News

PayPal To Acquire Paidy for $2.7B to Expand Fintech Presence in Japan

Sudipto Ghosh
by Sudipto Ghosh0
Expands PayPal’s reach in Japan and enhances global portfolio of buy now, pay later solutions PayPal Holdings, Inc. announced that it has agreed to acquire fintech unicorn Paidy. Paidy is a leading two-sided payments platform and provider of buy now, pay later solutions in Japan. The deal is worth ¥300......
TRADE X Announces US$10 Million in Equity Funding to Continue Global Expansion
B2B Digital Finance News Trading

TRADE X Announces US$10 Million in Equity Funding to Continue Global Expansion

Fintech News Desk
by Fintech News Desk0
Additional US$10 million equity funding from other strategic investors in a subsequent close to Aimia’s US$35 million raise completes the company’s target funding size of US$45 million Trade X Group of Companies Inc., a global B2B automotive trading platform, announced it has completed its financing round as initially announced on July 27, 2021, to fuel......
XREX Raises $17 Million to Expand Fiat Currency Portfolio and Partnerships
Digital Wallet Fintech News

XREX Raises $17 Million to Expand Fiat Currency Portfolio and Partnerships

Fintech News Desk
by Fintech News Desk0
 XREX, a crypto-fiat fintech company driving financial inclusion via blockchain, closed its $17 million Pre-A round, which was oversubscribed by 200%. XREX will use the funding to expand its fiat currency portfolio, acquire additional licenses, and forge partnerships with more financial institutions and digital wallets. Co-founded by Wayne Huang(right) and Winston Hsiao(left), crypto-fiat......
Hostinger Starts Accepting Cryptocurrency Payments Via CoinGate
Cryptocurrency Digital Asset Management Digital Payments News

Hostinger Starts Accepting Cryptocurrency Payments Via CoinGate

Fintech News Desk
by Fintech News Desk0
 Hostinger, the well-known web hosting company, has entered into a partnership with CoinGate – one of the largest cryptocurrency payment services providers – and will continue accepting cryptocurrency payments for their services. Hostinger, the well-known web hosting company, has entered into a partnership with CoinGate – one of the largest cryptocurrency payment......
TerraPay Signs With Network International To Facilitate Acceptance Of Mobile Wallets in UAE
Digital Payments Digital Wallet News

TerraPay Signs With Network International To Facilitate Acceptance Of Mobile Wallets in UAE

Fintech News Desk
by Fintech News Desk0
TerraPay, a global payments infrastructure company, has signed a Memorandum of Understanding (MoU) with Network International (Network) to develop and deliver a one-of-a-kind payment solution on an interoperable platform, in the UAE. Network International, headquartered in Dubai, is a major player in digital commerce in the Middle East and Africa (MEA)......
Western Union Business Solutions to be Renamed Convera at Acquisition Closing
B2B Digital Payments Fintech News

Western Union Business Solutions to be Renamed Convera at Acquisition Closing

Fintech News Desk
by Fintech News Desk0
Fintech veteran Patrick Gauthier joins as future CEO along with additional senior executives Launch of Convera follows announced acquisition of B2B payments and foreign exchange solutions division of Western Union for $910 million by Goldfinch Partners and The Baupost Group Patrick Gauthier, who most recently served as Head of Amazon......
Reserve Trust Secures $30.5 Million Series A, Reunites Serial Entrepreneurs to Drive Next Stage of Growth
B2B Digital Payments Fintech News

Reserve Trust Secures $30.5 Million Series A, Reunites Serial Entrepreneurs to Drive Next Stage of Growth

Fintech News Desk
by Fintech News Desk0
New funding & executive additions will support the development of new services, APIs, and payment rails that enable embedded and real-time B2B payments Reserve Trust, the first fintech trust company with a Federal Reserve master account, today announced a $30.5 million Series A investment, led by QED Investors with participation......
1