Remittance

Reltime scales its Web3 Financial Services Ecosystem Globally with Microsoft

Retrieved on: 
Tuesday, April 4, 2023

OSLO, Norway, April 4, 2023 /PRNewswire/ -- Reltime, a global leader in Web3, Layer 1 Proof of Authority Blockchain and Metaverse financial services platform has been selected by Microsoft's Global Startups Program.

Key Points: 
  • OSLO, Norway, April 4, 2023 /PRNewswire/ -- Reltime, a global leader in Web3, Layer 1 Proof of Authority Blockchain and Metaverse financial services platform has been selected by Microsoft's Global Startups Program.
  • The organizations will jointly bring Decentralized Finance (DeFi) and next generation financial services to telecom operators, retail chains and neo-banks, globally.
  • Reltime has launched the World's First Layer 1 Proof of Authority and Web3 Financial Services platform with wide range of products (CBDC, Wrapped assets, Non Custodian wallet, Accounts & deposits, Remittance, Payments, Lending, loyalty, KYC, Identity, Forex).
  • All services are settled instantly, available globally and offered to customers operating in B2B/ B2C/ P2P segments.

Visa Defines New Era of How Money Travels Abroad

Retrieved on: 
Tuesday, March 21, 2023

In conjunction with the study, Visa launched “ Money Travels ,” a new podcast series unearthing how payment-related topics unfold differently in various places around the world and highlighting the stories of real people, payment experts and partners.

Key Points: 
  • In conjunction with the study, Visa launched “ Money Travels ,” a new podcast series unearthing how payment-related topics unfold differently in various places around the world and highlighting the stories of real people, payment experts and partners.
  • “Fast, easy and secure payments can make a profound difference to families, communities and economies around the world,” said Ruben Salazar, Global Head of Visa Direct.
  • Visa works in collaboration with global remitters such as Brightwell, Maya Philippines, MoneyGram, Paysend, Remitly, Western Union and Xoom to help enable efficient money movement through digitized remittances.
  • “One of our visions for Visa Direct is to create new opportunities for financial inclusion and wealth building by helping to simplify cross-border payments and streamline the way money travels,” continued Ruben Salazar.

TerraPay announces the strategic hire of Sudhesh Giriyan to lead the global remittance business

Retrieved on: 
Tuesday, February 21, 2023

LONDON, Feb. 21, 2023 /PRNewswire/ -- TerraPay, a leading global payments infrastructure company, announced the appointment of Sudhesh Giriyan as President & Global Head of Remittances, today.

Key Points: 
  • LONDON, Feb. 21, 2023 /PRNewswire/ -- TerraPay, a leading global payments infrastructure company, announced the appointment of Sudhesh Giriyan as President & Global Head of Remittances, today.
  • Strengthening the company's senior leadership, this strategic appointment supports TerraPay's continued global expansion.
  • His extensive experience in spearheading companies to new heights of success will play a critical role in accelerating the growth of TerraPay's global remittance business.
  • Speaking about his new role at TerraPay, Sudhesh Giriyan said, "I am really excited to join TerraPay as the company's global expansion gains momentum.

TerraPay announces the strategic hire of Sudhesh Giriyan to lead the global remittance business

Retrieved on: 
Tuesday, February 21, 2023

LONDON, Feb. 21, 2023 /PRNewswire/ -- TerraPay, a leading global payments infrastructure company, announced the appointment of Sudhesh Giriyan as President & Global Head of Remittances, today.

Key Points: 
  • LONDON, Feb. 21, 2023 /PRNewswire/ -- TerraPay, a leading global payments infrastructure company, announced the appointment of Sudhesh Giriyan as President & Global Head of Remittances, today.
  • Strengthening the company's senior leadership, this strategic appointment supports TerraPay's continued global expansion.
  • His extensive experience in spearheading companies to new heights of success will play a critical role in accelerating the growth of TerraPay's global remittance business.
  • Speaking about his new role at TerraPay, Sudhesh Giriyan said, "I am really excited to join TerraPay as the company's global expansion gains momentum.

StoneBridge Acquisition Corporation (NASDAQ: APAC) Announces Business Combination Agreement with Southeast Asia’s ‘Fintech-As-A-Service’ (FaaS) player – DigiAsia

Retrieved on: 
Thursday, January 5, 2023

DigiAsia has also secured a partnership with DBS Bank Ltd, the largest bank in Singapore and Southeast Asia, to disburse loans into DigiAsia’s lending marketplace for merchants.

Key Points: 
  • DigiAsia has also secured a partnership with DBS Bank Ltd, the largest bank in Singapore and Southeast Asia, to disburse loans into DigiAsia’s lending marketplace for merchants.
  • NEW YORK, Jan. 05, 2023 (GLOBE NEWSWIRE) -- StoneBridge Acquisition Corporation ("Stonebridge") (Nasdaq: APAC), an Asia-Pacific focussed publicly traded special purpose acquisition company (SPAC), today announced the signing of a binding business combination agreement with DigiAsia Bios Pte Ltd (“DigiAsia”), Indonesia’s Embeddable ‘Fintech-as-a-Service’ (FaaS) company.
  • Founded in Jakarta in 2017 by Alexander Rusli and Prashant Gokarn, DigiAsia is a leader in embedded Fintech and Banking in Indonesia.
  • Winston & Strawn LLP is acting as legal advisor to StoneBridge Acquisition Corporation and Norton Rose Fulbright US LLP is acting as legal advisor to DigiAsia Bios Pte Ltd in this transaction.

Remitly Completes Acquisition of Rewire

Retrieved on: 
Thursday, January 5, 2023

SEATTLE and TEL AVIV, Israel, Jan. 05, 2023 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a leading digital financial services provider for immigrants and their families in over 170 countries around the world, today announced the successful completion of its previously announced acquisition of Rewire, an Israeli-based remittance and financial services platform for migrant workers, on January 5, 2023.

Key Points: 
  • SEATTLE and TEL AVIV, Israel, Jan. 05, 2023 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a leading digital financial services provider for immigrants and their families in over 170 countries around the world, today announced the successful completion of its previously announced acquisition of Rewire, an Israeli-based remittance and financial services platform for migrant workers, on January 5, 2023.
  • “Today marks an exciting milestone as we enter a new phase of Remitly’s journey,” said Matt Oppenheimer, Co-Founder and CEO, Remitly.
  • “We are thrilled for the Rewire team to join Remitly, bringing with them a strong account based remittance product in complementary geographies and a track record of product innovation and execution.
  • Our combined expertise and strategic alignment will serve us well as we continue executing on our vision to transform the lives of immigrants and their families by providing the most trusted financial services on the planet.”
    For more information about Remitly, please visit www.remitly.com .

Built Technologies Names Digital Payment Expert Bora Chung and Engineering Veteran Matt Marenghi as Advisors

Retrieved on: 
Thursday, January 5, 2023

Built Technologies , the fastest growing construction and real estate fintech provider in the U.S., today announced the addition of two industry veterans as company advisors, Bora Chung and Matt Marenghi.

Key Points: 
  • Built Technologies , the fastest growing construction and real estate fintech provider in the U.S., today announced the addition of two industry veterans as company advisors, Bora Chung and Matt Marenghi.
  • View the full release here: https://www.businesswire.com/news/home/20230105005660/en/
    Payment industry veteran Bora Chung named as advisor to Built Technologies (Photo: Business Wire)
    Chung is renowned for helping to revolutionize online consumer and business payments in her work as part of the early team at PayPal.
  • For over 12 years, Marenghi served as Vice President of Engineering at Netflix, during a period of rapid international growth.
  • “We are incredibly lucky to welcome Bora and Matt as Built advisors,” said Chase Gilbert, Co-founder and CEO at Built Technologies.

Onfido Named a Strong Performer in Inaugural Identity Verification Solutions Report by Independent Research Firm

Retrieved on: 
Monday, December 19, 2022

Onfido , the global identity verification provider, today announced it has been named a Strong Performer in The Forrester Wave™: Identity Verification Solutions, Q4 2022 , an inaugural report published by Forrester Research.

Key Points: 
  • Onfido , the global identity verification provider, today announced it has been named a Strong Performer in The Forrester Wave™: Identity Verification Solutions, Q4 2022 , an inaugural report published by Forrester Research.
  • “We are thrilled to be acknowledged as a strong performer in automated identity verification by Forrester Research,” said Mike Tuchen, CEO of Onfido.
  • Just this month, Onfido was recognized as a top leader in biometric authentication software and identity verification software for G2.com's Winter 2022 Report .
  • A comprehensive report containing findings from The Forrester Wave™: Identity Verification Solutions, Q4 2022 is available to view or download here .

IQST – iQSTEL Expects To Meet Or Surpass 2022 $90 Million Revenue Forecast Reporting $84.5 Million YTD Through November

Retrieved on: 
Wednesday, December 7, 2022

The company’s revenue YTD through the end of November is $84.5 million.

Key Points: 
  • The company’s revenue YTD through the end of November is $84.5 million.
  • iQSTEL recently published its Q3 financial report for FY 2022 reporting $21.94 million, a 33% increase compared to the same period the previous year.
  • With $84.5 million in revenue YTD through the end of November, management is confident iQSTEL will meet or exceed its $90 million annual revenue forecast for 2022.
  • “We recently announced a $105 million preliminary annual revenue forecast for 2023,” said iQSTEL CEO Leandro Iglesias.

120VC is giving away their "Irreverent Project Management Guidebook" free to anyone who leads a team - including their competitors

Retrieved on: 
Monday, December 12, 2022

TACOMA, Wash., Dec. 12, 2022 /PRNewswire-PRWeb/ -- Jason Scott and his project and change management consultancy, 120VC, are recognized as the experts in transformational leadership that gets sh*t done (GSD).

Key Points: 
  • Giving away your business secrets may seem unusual, but J. Scott is anything but business as usual.
  • And now, he's giving it all away because Jason wants everyone to win, not just his team.
  • The Irreverent Guide is his playbook for the practical tradecraft behind successful project management, product management, and change management.
  • So he leads workshops and courses as a learning community where people share their experiences and help mentor each other.