Remitee Raises $20M for Embedded Remittance Growth
Remitee, a cross-border payment platform services provider, has just raised $20 million for developing its embedded transfers technology.
Remitee, a cross-border payment platform services provider, has just raised $20 million for developing its embedded transfers technology.
In Mexico, the fintech ecosystem is particularly significant because it contributes to financial inclusion in a country where a large part of the population does not have access to traditional banking.
En México, el ecosistema fintech es especialmente significativo, ya que contribuye a la inclusión financiera en un país donde una parte importante de la población no tiene acceso a la banca tradicional.
As their strategic partnership has brought successful results in the U.S. market, MoneyGram and Plaid now move on to European countries with their joint open banking offering.
A fresh research shows that UK citizens increasingly choose cashless payment alternatives, with debit cards remaining the most popular option, but mobile wallets use also rapidly growing.
Built on the Model Context Protocol, Nuvei AI Integration Agent cuts onboarding from weeks to hours, reduces setup errors, and helps teams go live faster with fewer manual steps.
PayOS and Mastercard reach another milestone in the development of agentic payments – their first live transaction with the use of an agentic token, cryptographic payment credential that is bound to a verified software agent, not a human cardholder.
Stripe and OpenAI joined efforts to launch an instant checkout feature in ChatGPT, introducing the Agentic Commerce Protocol.
Finastra’s Intelligent Routing Module aims to give banks smarter control over payments, helping them process transactions faster, reduce costs, and provide a smoother experience for customers.
Banks can now use their existing Swift connections to deliver faster, global payments through the Thunes Network, reaching accounts in over 130 countries and meeting growing demand for real-time transfers.
After a successful pilot, Visa is expanding the VCS Hub to a wider market, empowering issuers and fintechs with AI-driven tools to deliver faster, smarter, and more integrated commercial payment experiences.
Mastercard is expanding the scope of its cooperation with SmileID to accelerate the use of advanced identity verification tools for customer onboarding across the African continent.
Under its new plan, Swift will enforce clear costs and predictable timing for cross-border retail transactions, promising full value delivery, fee transparency, and instant settlement when local systems permit.
As Brazil fintech players eagerly await the arrival of Pix Parcelado, revolutionary installment purchases without a credit card, BNPL gains extra traction in the country. Here’s what you should know.
In just 11 weeks since its launch in the US, debit-first Klarna Card has received 1 million sign-ups from local customers prefering the benefits of payment flexibility linked to greater control over their finances.
Stripe is reportedly negotiating a share buyback which will bring its valuation well over its 2021 peak of $95 billion.
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