Tech Innovation in the Remittance Industry

April 17, 2017    By : Hugo Cuevas-Mohr

There is no consensus on the level of tech innovation in the international or cross-border money transfer and payments industry. FinTech startups think that there is none. They think that the industry is so complex, full of intermediaries, with huge

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The Hottest FinTech Investors in Europe to Back the Next Big Breakthrough in FinTech

April 27, 2016    By : Kate

Big breaks across industries don’t usually happen without VCs backing them. Success stories in most cases have co-authors and in 2016, VCs are the ones to provide a financial fuel to bright entrepreneurs and ideas with a high disruptive potential.

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WorldRemit’s New Fund of $45M Will Be Used to Drive Next Growth Phase

February 13, 2016    By : LTP Team

London [Press release]: WorldRemit,  the global money transfer app, has recently raised $45M in financing. The investment came from TriplePoint Venture Growth BDC Corp. and Silicon Valley Bank. The latest financing brings the total fund raised by the company to

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WorldRemit Expands Instant Money Transfers in Nigeria

January 20, 2016    By : LTP Team

FinTech leader WorldRemit now offers cash pickup service in Nigeria Denver, CO, [Press Release]:  WorldRemit, the global money transfer app, today introduces instant transfers to Nigeria. In addition to its same-day bank transfer service, WorldRemit now allows people to send

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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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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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WorldRemit Raises $100 million – VCs Drawn to Growing Online Remittance Business

February 19, 2015    By : Ray

The $580 billion remittance market is poised for greater competition, as London based WorldRemit raises $100 million from a leading Silicon Valley investor. The funding round is led by Silicon Valley venture capital firm, Technology Crossover Ventures (TCV), which has an

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