FinTech is Not a Threat to Banks. Telcos, WhatsApps, & Amazons of the World Are [Curated Content]

November 2, 2017    By : Elena Mesropyan

As of July 2017, WhatsApp counted 1.3 billion active monthly users. To put things into perspective, imagine that the whole population of India or China is active on WhatsApp every month. WhatsApp is a well-known heavyweight in mobile communications, and

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FinTech Industry Veteran Eugenio Nigro Joins Remitly to Drive Global Growth

September 28, 2017    By : LTP Team

Remitly makes moves to expand its international footprint and influence as it brings on new global business development lead and opens office in Nicaragua. SEATTLE, September 27, 2017 — Today Remitly announced its new Vice President of Global Business Development, Eugenio (Gene) Nigro.

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25 FinTech Startups That Expanded Globally Despite Regulations & Other Problems

January 19, 2016    By : Aboli

Borderless innovation is a broad topic, which includes global expansion, global networking, cross-country laws, global business opportunities and partnerships and a lot more. A few FinTech startups have been successful in global expansion. Unlike startups in other fields such as

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Remitly Approaches $1 Billion in Annualized Mobile Money Transfers as Company Continues Rapid Growth

January 13, 2016    By : LTP Team

Money Transferred Grew More Than 400% Year-over-Year in 2015; Company Processed Record Monthly Volume in December 2015 SEATTLE- [Press Release] – Remitly is the largest independent digital remittance company in the United States. Today the company announced its customers are on pace

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What We Learned About Remittance Industry in 2015, in Charts

December 30, 2015    By : Amit

The article provides you with a flashback of the major touchpoints for the remittance segment in 2015. The initial wave of innovation was leveraging digital technology to reduce the cost of sending money abroad. The usage of online channels and

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Remitly Expands Money Transfer Service to Mexico

October 27, 2015    By : LTP Team

[Press Release]: Today from Money20/20, Remitly, the largest independent digital remittance company in the U.S., announced the expansion of its mobile money transfer service into Mexico, the world’s single largest corridor for international money transfers. Remitly’s safe and secure network includes

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Remitly Raises $12.5 Million to Enhance its Remittance Services

March 20, 2015    By : Ray

Remitly, a popular online global remittance service, has announced that it closed a $12.5 million funding round. One of the investors was DFJ which led the round with participation from DN Capital and existing investors QED Investors and Trilogy Equity Partners.

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