Remittance
Wise Secures Type 1 License in Japan, Enabling Higher Transaction Limits
Wise, a global technology company, has been granted a Type 1 Funds Transfer Service Provider license in Japan, becoming one of the first international financial service providers in the country to achieve this status. This license allows Wise Payments Japan
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Mox Partners Wise to Launch New Remittance Offering
Mox Bank has launched Express Remit, a new service powered by Wise Platform, offering customers a streamlined and cost-effective way to transfer money internationally. This service enables Mox customers to transfer funds internationally directly through the Mox app, offering transactions
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Airwallex Launches in Israel, Appoints Ex-Googler to Lead Operations
Cross border payments firm Airwallex has officially launched its operations in Tel Aviv, Israel as the first step of its Middle East expansion plans and appointed Or Liban as its Head of Israel and the Middle East. The company already
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EMQ Offers Real-Time, Multi-Currency B2B Payment Offerings to China
Global payments network EMQ further strengthens its multi-currency B2B payment offerings for enterprises with options including same-day settlement in RMB and USD across its payout network reaching over 150 banks in China. With EMQ Connect API, customers can pay directly
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Airwallex Raises US$100 Million in Series E Extension, Now Valued at US$5.5 Billion
Cross border payments firm Airwallex announced it has secured an additional US$100 million in a Series E1 financing round, raising its valuation to US$5.5 billion. This extension comes just a month after Airwallex announced an oversubscribed US$200 Million Series E
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Airwallex Now Valued at US$4 Billion With Latest US$200 Million Series E
Cross border payments firm Airwallex announced it has raised US$200 million in an oversubscribed Series E financing round, increasing the company’s valuation to US$4 billion. This latest investment which was led by Lone Pine Capital follows an extended Series D
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Airwallex Expands Its Footprint to the US
Airwallex, a cross border payment company, announced its official launch in the US as it continues its international growth momentum. The company first established a presence in San Francisco in 2019, and has grown to a team of more than
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Cross-Border Payments Firm Currenxie Pulls in US$10 Million From Series A Fundraise
Currenxie, a Hong Kong-headquartered cross-border payments company, announced that it has successfully closed a US$10 million Series A funding round led by family office BF Belmont. Predominantly self-funded by Goldman Sachs alumni and co-founders, Riccardo and Alison Capelvenere, the latest
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Airwallex Granted E-Money License to Expand Footprint to the Netherlands
Airwallex announced that it has secured its Electronic Money Institution (EMI) license from the Dutch Central Bank (DNB) on 30 April 2021 which gives it access to the European single market. This latest approval adds to Airwallex’s existing licenses in
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Wise Enables Funds Transfer via Faster Payments System Using Mobile Numbers
Remittance firm Wise, formerly known as TransferWise, has rolled out the feature enabling Hong Kongers to receive funds from abroad with just their mobile number via the Faster Payments System (FPS). With this latest feature, recipients can share their name
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