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Singapore Offers Visa’s Currencycloud In-Principle Approval for MPI License

Finovate

The MPI license will also impact Singapore-based businesses, which will be able to leverage Currencycloud to help their customers make conversions and payouts in their own time zones and local currencies. ” Founded in 2012, Currencycloud facilitates cross-border, multi-currency transactions. Mike Laven is CEO.

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Currencycloud Facilitates Seamless Cross-Border Payments with Singapore MPI Licence

The Fintech Times

The in-principle approval (IPA) for a major payment institution (MPI) licence means Currenycloud can offer customers based in Asia Pacific the ability to collect, convert, hold, send, and spend multiple currencies simultaneously across 180 countries and territories.

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Simplifying Global Money Movement with Visa Cross-Border Solutions

Fintech News

The Evolution of the Currencycloud and Visa Partnership Currencycloud, established in the UK in 2012, initially began as a foreign exchange tool but quickly evolved into a comprehensive cross-border payments platform. That, then evolved into multi-currency wallets and the ability to hold multiple currencies.

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Finovate Alums Earn Top Honors at UK Emerging Payments Awards

Fintech Labs Insights

Optimal Payments and Revolut teamed up back in July to launch a multi-currency MasterCard and mobile app that helps travelers take advantage of the best exchange rates available. Clover made its Finovate appearance at FinovateSpring 2012 in San Francisco. Our two-day conference returns to London, February 9 and 10.

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Ripple Raises $55 Million Series B; Announces New Bank Partners

Fintech Labs Insights

The news last week that Ripple raised $55 million in Series B financing is a reminder of how a growing number of financial institutions are using digital currencies to improve the cross-border payments process. ” The post Ripple Raises $55 Million Series B; Announces New Bank Partners appeared first on Finovate.

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Currencycloud Collects $25 Million in New Funding

Fintech Labs Insights

“Currencycloud provides a set of multi-currency payment and conversion tools that are helping hundreds of companies globalize fast.” Founded in 2012 and headquartered in London, U.K., The post Currencycloud Collects $25 Million in New Funding appeared first on Finovate.

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The Best Banks in Asia 2024, Ranked by Forbes

Fintech News

The Corporate Banking segment serves corporate clients, governments, and financial institutions with a range of services including accounts, loans, and foreign currency products. The Corporate Banking segment delivers services such as deposits, loans, trusts, trade-related products, other credit services, and foreign currency services.