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Airwallex Processing Volume Surges Past $100 Billion

Fintech Finance

Airwallex , a leading global payments and financial platform for modern businesses, has surpassed $100 billion in annual processing volume, up 73 percent year-on-year. Airwallex has seen growing volumes across all products, including payments, FX, payouts, and issuing, and an annual run rate revenue approaching $500 million.

Volume 97
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Airwallex Surpasses US$100 Billion in Processing Volume Amid Global Expansion

Fintech News

Airwallex, a global payments and financial platform, has surpassed US$100 billion in annual processing volume, marking a 73% year-on-year increase. Airwallex attributed this growth to the company’s strong product-market fit, expansive global infrastructure, and ongoing market expansion. said Jack Zhang, Co-founder and CEO at Airwallex.

Volume 91
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Trustly Appoints Payments Industry Veteran Adam D’arcy as CPO

Fintech Finance

the global leader in Open Banking Payments, is proud to announce the appointment of Adam D’arcy as Chief Product Officer (“CPO”). Before joining Trustly, Adam D’arcy was the CPO of Prodigy Finance, where he led a transformation in product culture and architected a high-performing development team. Trustly, Inc.,

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Trustly Selects Newline™ by Fifth Third to Drive Innovation in U.S. Payment Capabilities

Fintech Finance

The first payment products on which the parties will collaborate are deposits and withdrawals via ACH and RTP. Trustly aims to scale its payment products in collaboration with Fifth Third to meet the growing demand for seamless, reliable payment experiences. Payment Capabilities appeared first on FF News | Fintech Finance.

RTP 96
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Modern Treasury Drives Growth of Instant Payments with Leading Banks

Fintech Finance

So far, over 1,000 banks and credit unions have signed on with either the RTP or FedNow networks, or both, and instant payment volume continues to grow. Today, Modern Treasury’s customers move over $1 billion in instant payments volume annually. is growing.

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On-Demand Payroll Leads B2B FinTech Funding

PYMNTS

backers focused on accounts payable (AP) technology, cannabis procurement and small business lending, to name a few – but it was a FinTech specializing in the high-growth market of on-demand payroll that secured the top spot in this week’s roundup. and also to scale to meet existing customers’ demand.

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India’s Digital Payment Revolution: A Decade of Unprecedented Growth

Fintech News

According to a recent report by PwC India, retail digital payments have surged 90-fold over the last 12 years, with transaction volumes expanding at an impressive annual rate of 40%, while the value of these transactions increased by 35% each year. India’s digital payment landscape has seen remarkable growth over the past decade.