Tag : cross-border payments

Nium Grows Presence in Lithuania With Local Team and Office Expansion
Digital Payments News

Nium Grows Presence in Lithuania With Local Team and Office Expansion

PR Newswire
by PR Newswire0
Nium, the global leader in real-time cross-border payments, is expanding its operational hub in Vilnius through new hires and a new office facility that will better serve its growing customer base across Europe. This includes: Hiring 18 new full-time employees in Lithuania, repesnting 100% headcount growth over the last 8 months Moving to a......
Convera Embeds Payments to Deliver a Global Agent Solution with Ascent One
Digital Payments News

Convera Embeds Payments to Deliver a Global Agent Solution with Ascent One

Business Wire
by Business Wire0
In partnership with Ascent One, Convera streamlines international payments and improves education agent and student experience Convera, a global leader in commercial payments, introduced its embedded payments solution for the education industry through its new partnership with Ascent One, the world’s first ecosystem purposely built for the education sector. This......
TerraPay forms council with leading Digital Wallets to accelerate Cross-Border Payments interoperability
Finance Fintech News

TerraPay forms council with leading Digital Wallets to accelerate Cross-Border Payments interoperability

PR Newswire
by PR Newswire0
TerraPay, a global money movement company, announced a collaboration with 5 of the leading wallet operators to establish the “Wallet Interoperability Council”, aiming to leverage TerraPay’s technology to facilitate interconnection and interoperability in cross-border transactions. Together, these operators serve millions of wallet users, spanning regions such as Bangladesh, Colombia, Kenya, Senegal, Tanzania and Uganda. The founding members......
Layer2 Financial Secures $10.7M Series A to Transform Global Money Movement
Finance Fintech Investments News

Layer2 Financial Secures $10.7M Series A to Transform Global Money Movement

PR Newswire
by PR Newswire0
Layer2 Financial—the regulated payments infrastructure transforming cross-border payments—is thrilled to announce their $10.7 million Series A funding round. This round was led by Galaxy Ventures, with key participation from Accomplice. The new funding will accelerate Layer2’s mission to revolutionize the way money moves around the globe. The announcement comes in the wake of......
Pingpong Receives Indonesian Payments Licence, Unlocking the $1.5 Trillion USD Region for Enterprises
Digital Payments News

Pingpong Receives Indonesian Payments Licence, Unlocking the $1.5 Trillion USD Region for Enterprises

PR Newswire
by PR Newswire0
PingPong is one of the few international payments companies to obtain a Payment System Service Provider (PJP) licence from Bank Indonesia, the central bank of the Republic of Indonesia The licence will enable PingPong to facilitate cross-border payments and disbursements, empowering international enterprises to expand into the world’s 4th largest economy, and......
Nium Appoints Spencer Hanlon to Chief Operating Officer
Digital Payments News

Nium Appoints Spencer Hanlon to Chief Operating Officer

PR Newswire
by PR Newswire0
Nium, the global leader in real-time cross-border payments, announced the appointment of Spencer Hanlon to the role of Chief Operating Officer (COO). Previously, Hanlon served as Nium’s Global Head of Travel, spearheading one of the company’s fastest-growing business units. Hanlon joined Nium in 2021 via the acquisition of Ixaris Group Ltd., where......
Nium Raises US$50 Million in Series E Round to Expand Real-Time Payments Global Infrastructure
Digital Payments News

Nium Raises US$50 Million in Series E Round to Expand Real-Time Payments Global Infrastructure

PR Newswire
by PR Newswire0
Funds will enable the company to continue rapid network expansion and capitalize on a projected US$175 trillion B2B payments market opportunity Nium, the global leader in real-time cross-border payments, announced it has raised US$50 million in a Series E funding round. The round was led by a sovereign wealth fund in Southeast Asia and values the......
Temenos and Mastercard join forces to expand cross-border payment capabilities through Mastercard Move
Digital Payments Finance Fintech News

Temenos and Mastercard join forces to expand cross-border payment capabilities through Mastercard Move

GlobeNewswire
by GlobeNewswire0
Temenos integration with Mastercard Move’s full range of money transfer solutions offers banks and their customers more choice in how they send and receive money abroad Temenos today announced a collaboration with Mastercard, a leading global technology company in the payments industry, to accelerate the implementation and delivery of Mastercard......
B2B Banking Business Commerce Compliance management Digital Payments Digital Wallet Featured Fintech Mobile Banking Payment gateways Technology

The Rise of Cross-Border Digital Payments

Prajakta Ayade
by Prajakta Ayade0
The digital revolution has profoundly transformed many aspects of our daily lives, and the realm of digital payments is no exception. Digital payments, once a niche domain, have become mainstream, enabling seamless transactions at the click of a button. As globalization intensifies and the internet connects even the most remote......
TruBit Reinvents Cross-Border Payments with the Launch of TruBit Business
Finance Fintech News

TruBit Reinvents Cross-Border Payments with the Launch of TruBit Business

Business Wire
by Business Wire0
TruBit launched TruBit Business, which streamlines cross-border payments in LATAM, processing $100 million monthly and enhancing business operations across economic regions in Latin America and beyond. Cross-border payments significantly impact the economy and the well-being of millions worldwide. In 2023, according to the World Bank, formal remittances to LATAM reached $156......
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