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6 Asian Companies Recognized Among the World’s Most Promising in Cross-Border Payments

Fintech News

FXC Intelligence, a data platform specializing in the cross-border payment and e-commerce sectors, has released its annual selection of the world’s most promising cross-border payments companies in 2024. Another company from Singapore featured on the list is Tazapay.

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Bank Alfalah Acquires Strategic Stake in UAE Fintech Jingle Pay

Fintech Finance

This collaboration leverages Bank Alfalah’s extensive infrastructure to amplify Jingle Pay’s impact on cross-border payments and digital banking, advancing its ambitious vision for the MENAP region. The partnership will create synergies in cross-border payments strengthened by shareholder MoneyGram.

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Luxembourg’s Banking Circle Set to Acquire Australian Settlements

Fintech News

Banking Circle, a Luxembourg-licensed bank specialising in next-generation banking services, is set to acquire Australian Settlements Limited (ASL), an authorised deposit-taking institution. The acquisition is subject to regulatory approvals and other closing conditions, marking a key step in Banking Circle s growth in the Australian market.

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Bank Alfalah Acquires Stake in Jingle Pay, Aiming to Amplify its Cross-Border Payments Impact

The Fintech Times

Bank Alfalah , a commercial bank in Pakistan with a network of over 1,000 branches, has acquired a stake in Jingle Pay , a UAE-born fintech specialising in cross-border money transfers licensed by the Dubai Financial Services Authority (DFSA). per cent equity in the fintech firm.

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A new administration spotlights cross-border payments

Payments Dive

which was acquired by Green Dot Corporation. Matt Montes is U.S. general manager at Paysend and has nearly 30 years of financial services experiences, most recently serving as president of Catalina Card Services. He founded and led AccountNow, the first online D2C prepaid debit card company in the U.S.,

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Corpay to Acquire Cross-Border Payments Company

Fintech Finance

NYSE: CPAY), a global corporate payments company, today announced that it has signed a definitive agreement to acquire GPS Capital Markets , LLC. GPS provides business-to-business cross-border and treasury management solutions to upper middle market companies, primarily in the US. Corpay, Inc.

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Africhange Secures IMTO Licence to Streamline Remittance to Nigeria

Fintech Finance

Africhange , a leading cross-border remittance service provider, announced today that its Nigerian subsidiary, Currenzo , has secured the International Money Transfer Operator [IMTO] licence from the Central Bank of Nigeria [CBN]. It also has a reliable settlement partner in Nigeria, ensuring secure processing for local transactions.