PYMNTS

OCTOBER 1, 2019

Amsterdam FinTech startup bunq is expanding into 22 additional countries after successful launches in Austria, Germany, Italy, Spain, France, Ireland and Belgium, TechCrunch reported on Tuesday (Oct. The bunq Travel Card is a Mastercard without any foreign exchange fee, and bunq offers a true exchange rate on purchases in foreign currencies.

Startups 46

Startups Foreign Exchange Currencies Banking 46

PYMNTS

FEBRUARY 15, 2019

HSBC ‘s blockchain-based system has helped the bank save 25 percent on foreign exchange (FX) trades. In other news, CoinDesk discovered that the Central Bank of Iran is working with two blockchain startups on a new token ecosystem. A fourth firm, Goodmans LLP, has requested an extended appointment process.

Foreign Exchange 63

Foreign Exchange Risk Management Startups Currencies 63

PYMNTS

NOVEMBER 16, 2018

This week, RPA startup Automation Anywhere made waves with its $300 million investment from the SoftBank Vision Fund, reports said Thursday (Nov. The FinTech targets friction and costs associated with foreign exchange (FX) conversion fees and volatility that corporates experience when making payments to their vendors across borders.

Accounts Payable 77

Accounts Payable Currencies Foreign Exchange Startups 77

PYMNTS

DECEMBER 1, 2019

French startup Pixpay is the first challenger bank to cater to teens, offering a debit Mastercard for cashless payments, news outlets reported on Friday (Nov. Eventually, the startup wants to allow teens to get paid for particular chores or jobs and let more than one parent manage a child’s account. The startup has raised $3.4

Banking 60

Banking Foreign Exchange Startups Education 60

PYMNTS

OCTOBER 26, 2018

Targeting China’s SMB community, XTransfer provides cross-border payments, collection and foreign exchange solutions, with its eye fixed on exporters. The startup announced this week a $10 million fundraiser led by China Merchants Group, while 01VC, Yunqi Partners and Gaorong Capital also participated in the Series A round.

Foreign Exchange 77

Foreign Exchange B2B Invoicing Startups 77

PYMNTS

NOVEMBER 22, 2016

Blockchain is the technology behind bitcoin, the popular alternative digital currency. Goldman was one of the two leading investors in a $50 million round of funding for Circle Internet Financial, which is a bitcoin startup, noted WSJ.

Foreign Exchange 59

Foreign Exchange Currencies Startups Technology 59

PYMNTS

JANUARY 30, 2019

Forex companies, in particular, move money as they change it from different currency types. FinTech startups like GDC are seeking to evolve with the times, combining these know-your-business (KYB) checks with know your customer (KYC) and underlying technology to provide an application programming interface (API).

Foreign Exchange 74

Foreign Exchange Compliance Startups Currencies 74

PYMNTS

MARCH 17, 2020

The partnership gives TransferWise’s estimated 7 million customers the ability to transfer Chinese yuan from 17 currencies to Alipay’s 1.2 Your money will be sent with the real exchange rate — like the one you see on Google,” TransferWise said. The startup has raised a total of $772.7 billion users across the globe.

Foreign Exchange 56

Foreign Exchange Valuation Startups Currencies 56

PYMNTS

DECEMBER 21, 2016

Axoni, the blockchain startup, is about to get a multimillion-dollar investment from some big heavy hitters on Wall Street. The move on the part of the Wall Street firms comes as financial institutions are looking to gain a footing with blockchain technology, which is the underpinning for bitcoin, the digital currency.

Foreign Exchange 46

Foreign Exchange Investments Startups Currencies 46

PYMNTS

JANUARY 13, 2017

12) that the application process for its incubator is now open, with CSI Kick Start looking for companies innovating in the areas of virtual cards, ACH, foreign exchange and other B2B payments issues, like fraud and digitization. The company said Thursday (Jan.

B2B 49

B2B Foreign Exchange Accounts Payable Startups 49

PYMNTS

AUGUST 3, 2016

Currency transfer and finding ways for consumers to avoid the inevitable fees is a hot spot for FinTech startups. With Revolut, the money can be spent in over 90 currencies around the world at the cheapest exchange rate available, the interbank rate, with no fees, at least for now. Revolut, a U.K.-based

Currencies 40

Currencies Foreign Exchange B2B Investments 40

PYMNTS

AUGUST 14, 2017

Moneytis, the FinTech startup, has created a platform to help consumers find the cheapest foreign exchange services and send money seamlessly, taking a page from travel aggregator websites like Booking.com and Expedia. I was an expat in China, and Etienne [Tatur] was in Europe. We ended up launching a comparison tool.

Foreign Exchange 43

Foreign Exchange Startups Currencies CFO 43

PYMNTS

JUNE 27, 2016

Some small business owners interviewed by The Wall Street Journal said they are unfazed by what they expect to be short-term currency volatility and agree that the Brexit, long-term, will prove to be a positive development. A 500 percent increase in currency transfers by U.K. 1,500 F inTech startups in the U.K.

Foreign Exchange 40

Foreign Exchange Currencies Startups B2B 40

PYMNTS

JUNE 25, 2018

From music royalties to airline vouchers, there are many reasons organizations may need to push payments to individuals in various amounts, currencies, forms and frequencies, including real time. What The Partnership Means. Also disrupted will be pay-in and payout providers that don’t facilitate both functions.

Foreign Exchange 60

Foreign Exchange Currencies Technology Startups 60

PYMNTS

NOVEMBER 28, 2018

In anticipation, banks have reportedly extended credit to corporate clients early and have begun to sell insurance to mitigate the risk of foreign exchange (FX) volatility. based startups with currency hedging solutions to mitigate FX volatility risk resulting from Brexit, reports said. million USD) to £3 billion. .”

Banking 49

Banking Foreign Exchange Finance Currencies 49

PYMNTS

JUNE 15, 2017

Goldman Sachs and Baidu-backed blockchain startup Circle have launched an international online money transfer service. The new international money transfer service is built on the Ethereum blockchain (and digital currency cousin of bitcoin) and will allow payments to flow between U.S.

Foreign Exchange 43

Foreign Exchange Currencies Startups Banking 43

PYMNTS

MAY 12, 2017

And, to top that off, dealing with foreign exchange can add further complexity to a business’s workflow, Laven explained. When it comes to making cross-border B2B payments, dealing with foreign exchange rates is an issue that businesses around the world continue to struggle with on several fronts.

B2B 43

B2B Foreign Exchange Compliance Currencies 43

PYMNTS

JULY 8, 2016

With nearly $50 million in venture capital funding for B2B startups this week, the field didn’t fare too bad. With $3 million in new venture capital, Australia-based Airwallex is helping businesses pay and issue cross-border invoices in the currency of their choice. Check out our breakdown of all the deals below.

B2B 40

B2B Startups Foreign Exchange Invoicing 40

PYMNTS

JUNE 28, 2019

Italian banking startup illimity will work with German FinTech Raisin on a new cross-border deposit solution. dollar, and currencies from more than 50 countries, through a local funds transfer. The SWIFT gpi pilot is not the only partnership aimed at improving the cross-border payments infrastructure. The platform will support the U.S.

Foreign Exchange 44

Foreign Exchange B2B Invoicing Nonprofit 44

PYMNTS

MARCH 23, 2016

Big banks have had numerous shots fired across their collective bows in the continuing clash with FinTech startups that have become upstarts. Now, it appears the grapeshot is starting to find its mark, at least in the United Kingdom. A new study of more than 1,000 decision-makers at SMEs in the U.K.

Banking 40

Banking Foreign Exchange Manufacturing Currencies 40

PYMNTS

JUNE 27, 2016

A startup in Singapore offering bitcoin exchange and cryptocurrency services just secured another major round of funding. The latest conversation among Japan’s Liberal Democratic party surrounds plans for bitcoin and other digital currencies to be treated equally to any other currency.

Startups 44

Startups Foreign Exchange Currencies Securities 44

PYMNTS

JULY 1, 2016

We are excited to add the Winklevoss Bitcoin Trust,” Laura Morrison, head of exchange-traded products at BATS, told WSJ. Bitcoin Exchange Scores VC Support. A startup in Singapore offering bitcoin exchange and cryptocurrency services just secured another major round of funding.

Foreign Exchange 47

Foreign Exchange Currencies Numbers Banking 47

Global Finance

OCTOBER 31, 2024

WeBank claims its microbusiness loans have launched more than 300,000 startup enterprises. Offerings include corporate accounts, cross-border yuan settlement, litigation services, and foreign exchange trading. Has China’s banking sector reached an innovation peak? In the e-commerce arena, its Guangshanghui 3.0

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) Risk Management Manufacturing Banking 52