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FXC Intelligence, a data platform specializing in the cross-borderpayment and e-commerce sectors, has released its annual selection of the world’s most promising cross-borderpayments companies in 2024. One of Singapore’s entries is Partior. Another company from Singapore featured on the list is Tazapay.
Spendesk , the leading spend management and procurement platform for mid-market companies, today announces its partnership with Wise Platform , Wise’s global payments infrastructure for banks and enterprises, to provide internationalpayments.
Licensed as a Major PaymentInstitution (MPI) by the Monetary Authority of Singapore (MAS), OPAL offers domestic and cross-borderpayments, payment accounts, and e-money services. Find out how Currencycloud can help you build your payments infrastructure by speaking to one of their experts today.
With over 65 licenses globally and now six direct connections to domestic payment systems, this infrastructure enables over 63% of all Wise transactions to be completed instantly (under 20 seconds), with an average fee of 0.62%.
Over the past year Wise Platform , Wise’s global payments infrastructure for banks, financial institutions and larger enterprises, has further enhanced its product suite for partners and significantly expanded its global regulatory footprint.
Internationalpayments specialist Ebury arrives in New Zealand Ebury , a specialist in internationalpayments and collections, opened new offices in New Zealand this week. Romania’s national mobile payment system, RoPay, went live this week. The firm is headquartered in West Hollywood, California.
Airwallex Acquires MexPago as Part of Latin American Expansion Speaking of acquisitions in Mexican fintech and financial services, global financial platform Airwallex has finalized its acquisition of Mexico-based payment service provider MexPago, a licensed Institution of Electronic Payment Funds (IFPE).
More appointments Quantum Group, the fintech and security incubator, has appointed James Radford as the CEO of Volopa, its foreign exchange, internationalpayments and expense management company. MANSA, a global fintech in cross-borderpayments, has closed a $10million funding round.
Latin America and the Caribbean Uruguay-based cross-borderpayments platform dLocal forged a strategic partnership with cross-borderpayments company iTransfer. Canadian fintech Nuvei agreed to acquire Brazilian licensed PaymentInstitution, Pay2All.
Higlobe , a payment solution provider for global businesses and remote professionals, has joined forces Triple-A , the digital currency paymentinstitution, to better support remote workers in the Philippines by providing instant, free payment transfers from the United States.
Wise , the fintech focused on money transfer, has been granted direct access to the Philippines’ real-time payment system, InstaPay, enabling it to enhance the cross-borderpayment experience for around 13 million of its customers. per cent. .
The platform offers no-code tools that allow businesses to create customizable payment links and send professional invoices without requiring any coding skills. It supports a wide range of local and internationalpayment methods, including credit and debit cards, digital wallets like PayNow, GrabPay, and ShopeePay, as well as bank transfers.
PingPong Financial Group , a Chinese FinTech company, has received a PaymentInstitution (PI) license from the government of Luxembourg. Through its Platform Payouts product, PingPong aims to reduce both the time and costs for Chinese internet sellers to receive internationalpayments from eCommerce platforms in their local currency.
In B2B, crossborderpayments are about much more than dollars and cents. That can be a logistical challenge for businesses making payments in currencies deemed exotic, defined as belonging to emerging economies in, say Africa, Asia and the Middle East. We mean that literally.
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