Remittance

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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Airwallex Now Valued at Over US$2 Billion with Latest US$ 100 Million Funding Round

Continuing the momentum of its hypergrowth in 2020, Airwallex today announced that the company’s valuation has increased to US$2.6 billion with a capital raising of US$100 million in a further Series D extension. Lifting Airwallex’s Series D funding to US$300

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Payoneer vs Wise – Which International Payment Solution Is For You?

If you are selling internationally then you need a method of accepting and making payments that works and doesn’t cost the earth. There are so many difficulties in accepting cross-border payments that getting it right is super-important. Having an efficient

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Airwallex Completes Acquisition of SVF Operator Unicard

Airwallex, a cross border payment company, announced that it has completed the acquisition of UniCard Solution Limited following the regulatory approvals from the Hong Kong Monetary Authority (HKMA) to become a shareholder controller. Airwallex said that through its wholly owned

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EMQ Expands Cross Border Payments Service to South Korea

EMQ, a Hong Kong-based financial settlement network, announced that it has expanded its operations into the South Korean market, offering cross-border payment capabilities worldwide. “South Korea has one of the most vibrant digital economies in the world with its retail

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Hong Kong’s EMQ Increases Remittance Transaction Value in Japan

EMQ, Hong Kong-based financial settlement network, announced the launch of its high transaction value cross-border settlements in Japan. This launch will enable global businesses to send a maximum of JPY30 million directly into local banks. This enhancement further expands their

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