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Tag: worldremit

Unveiling the Dynamics of Zepz: Navigating Challenges and Strategic Shifts in Fintech

In the dynamic realm of fintech, where innovation often leads to success, the recent developments surrounding Zepz, a notable $5 billion unicorn, have sent...

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Remittance app Sendwave hit with CFPB penalty

The Consumer Financial Protection Bureau has slapped the operator of remittance app Sendwave was $1.5 million penalty for deceiving users about the costs...

NCFA’s Annual Flagship Fintech and Funding Conference and Expo to Host Immersive 5 Week Hybrid Program

IBN Media Partner Release | March 8, 2023 TORONTO, March 07, 2023 (GLOBE NEWSWIRE) -- via CryptoCurrencyWire -- The National Crowdfunding & Fintech Association (“NCFA”), a...

Meeting the hype of fintech in remittance

The remittance market is a lifeline to many. According to the International Fund for Agricultural Development (IFAD), over one billion people worldwide use remittances,...

Zepz appoints Robert Mitchell as new group CFO

Global cross-border remittance platform Zepz has named Robert Mitchell as its new group chief financial officer (CFO). Zepz appoints new CFO In a career spanning more...

Goldman Sachs becomes first major Wall Street bank to exit Russia amid Ukraine invasion

Goldman Sachs is shutting down its operations in Russia following the country’s invasion of Ukraine.

The post Goldman Sachs becomes first major Wall Street bank to exit Russia amid Ukraine invasion appeared first on The Block.

Can Neobanks persuade investors that they can generate enough profits without lending?

Neobanks (regulated digital only) are hot right now with 5 already in the Fintech 50 Index, many more lining up to IPO and...

Regtech PassFort Raises $16.2 Million Series A, Looks Towards Global Expansion

PassFort, a Regtech that offers automated financial crime and compliance services, has raise $16.2 million in Series A funding with the intent to...

Personal Finance Products Firm Crediverso to Effectively Serve Hispanic Consumers in the US

Crediverso, the Hispanic-owned personal finance products firm, reveals that it has introduced a bilingual platform and a financial products marketplace tool “to serve...

UK’s Cross-Border Payments Fintech WorldRemit Introduces Money Transfer Services in Malaysia

WorldRemit, a UK-based digital cross-border payments firm, recently introduced its money transfer services in Malaysia’s markets through its app and web-based platform. Clients...

A Wise move? London listing may open fintech floodgates

By Abhinav Ramnarayan LONDON (Reuters) - Wise's record breaking direct listing has come as a relief to other tech firms aiming to go...

How WesternUnion is fighting back against fintech startups

The saying goes that, “You can’t teach an old dog new tricks.” That may or may not be true, but at least one...

Crediverso, hispanic-owned online financial products company raises $3.1 million in seed funding to offer services for the U.S. hispanic community

Crediverso, the Hispanic-owned personal finance products company, today announced the close of $3.1M in seed funding to launch a consumer fintech platform aimed at closing the...

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