Remittance

HashCash Aligns Small Traders and Non-Profits in Africa to Blockchain

Retrieved on: 
Friday, July 9, 2021

These organizations will receive funds directly from senders through a blockchain network.

Key Points: 
  • These organizations will receive funds directly from senders through a blockchain network.
  • "This empowers the small entrepreneurs and non-profit organizations to avoid complexities involving a bank or other intermediaries.
  • HashCash Blockchain products enable enterprises to move assets and settle payments across borders in real-time for Remittances, Trade Finance, Payment Processing, and more.
  • HashCash solves the toughest challenges by executing innovative digital transformation strategies for clients around the world.

Zerion raises $8.2M to take decentralized finance mainstream

Retrieved on: 
Wednesday, July 7, 2021

Since raising a seed round in 2019, Zerion has built an award-winning interface that unlocks the world of DeFi for anyone, regardless of crypto knowledge or experience.

Key Points: 
  • Since raising a seed round in 2019, Zerion has built an award-winning interface that unlocks the world of DeFi for anyone, regardless of crypto knowledge or experience.
  • Zerion is used by over 200K investors worldwide, serving everyone from high-net worth crypto "whales" to students wishing to send instant remittances.
  • The app has processed $600M+ in transaction volume year-to-date and sees $5M traded daily, with a median trade size of $1,000.
  • This milestone marks a new chapter on our path to a better financial world," said Evgeny Yurtaev, CEO and co-founder at Zerion.

Telcoin raises US$10M, launches next generation of fintech platform

Retrieved on: 
Thursday, July 1, 2021

"This round is a major milestone for a blockchain company founded in 2017," said Paul Neuner, Telcoin founder and CEO.

Key Points: 
  • "This round is a major milestone for a blockchain company founded in 2017," said Paul Neuner, Telcoin founder and CEO.
  • "It's also proof that people everywhere are tired of overpaying for basic financial services like remittance, and that they are ready to migrate to an alternate, decentralized platform like Telcoin."
  • The fundraising round coincides with the reveal of "Telcoin V3," which introduces the full Telcoin Platform stack and two new user-owned DeFi products.
  • V3 of the Telcoin Platform stack encompasses three complementary layers: The Telcoin
    Application, TELx, and Rivendell.

Telcoin raises US$10M, launches next generation of fintech platform

Retrieved on: 
Thursday, July 1, 2021

"This round is a major milestone for a blockchain company founded in 2017," said Paul Neuner, Telcoin founder and CEO.

Key Points: 
  • "This round is a major milestone for a blockchain company founded in 2017," said Paul Neuner, Telcoin founder and CEO.
  • "It's also proof that people everywhere are tired of overpaying for basic financial services like remittance, and that they are ready to migrate to an alternate, decentralized platform like Telcoin."
  • The fundraising round coincides with the reveal of "Telcoin V3," which introduces the full Telcoin Platform stack and two new user-owned DeFi products.
  • V3 of the Telcoin Platform stack encompasses three complementary layers: The Telcoin
    Application, TELx, and Rivendell.

HashCash Creates A Better Gaming with HC NET Blockchain

Retrieved on: 
Thursday, June 24, 2021

Your ticket to play with your favorite gamers is now handy through HashCash's HC NET Blockchain .

Key Points: 
  • Your ticket to play with your favorite gamers is now handy through HashCash's HC NET Blockchain .
  • HashCash comes with a unique experience for aspiring players, intending to enhance their gaming experiences, backed by digital assets.
  • With the advancements of new technologies and trends in the gaming market, there has also been an emergence of depending on new gaming consoles.
  • HashCash Blockchain products enable enterprises to move assets across borders in real-time for Remittances, Trade Finance, Payment Processing, and more.

Passbook by Remitly Launches Suite of New Features

Retrieved on: 
Wednesday, June 23, 2021

Remitly , the mobile-first provider of international remittances and financial services for immigrants, today announced the launch of several new digital banking features in the Passbook by Remitly app.

Key Points: 
  • Remitly , the mobile-first provider of international remittances and financial services for immigrants, today announced the launch of several new digital banking features in the Passbook by Remitly app.
  • Remitly is rethinking how immigrants access banking services, and with the addition of new features, making the product work harder for customers.
  • issues the bank account and provides the banking services that customers can access through the Passbook app.
  • For more information about Remitly, visit remitly.com , and for more information about Passbook, visit passbook.app .

Lynx Pan-Global Payment Network Processes US$78 Million in Its First Full 60 Days of Operation

Retrieved on: 
Tuesday, June 22, 2021

Since implementing its corporate acquisition growth strategy early this year, Lynx Global has successfully acquired four companies in Southeast Asia and Australia.

Key Points: 
  • Since implementing its corporate acquisition growth strategy early this year, Lynx Global has successfully acquired four companies in Southeast Asia and Australia.
  • The Company has since integrated these four businesses, into a streamlined unified global payment network.
  • DA5 is Lynx Global's BRB and B2C facilitator of cash in/cash out transactions inclusive of remittance, forex, and cryptocurrency.
  • The Company's payment solutions are powered by a broad suite of payment technologies and services.

Bitcoin SV fintech Centbee selected for central bank regulatory sandbox

Retrieved on: 
Tuesday, June 22, 2021

JOHANNESBURG, June 22, 2021 /PRNewswire/ -- South Africa's Intergovernmental Fintech Working Group ( IFWG ) announced the first cohort for its regulatory sandbox which includes Bitcoin SV (BSV) fintech company, Centbee.It is the first BSV business to be included in the South African regulator's sandbox.

Key Points: 
  • JOHANNESBURG, June 22, 2021 /PRNewswire/ -- South Africa's Intergovernmental Fintech Working Group ( IFWG ) announced the first cohort for its regulatory sandbox which includes Bitcoin SV (BSV) fintech company, Centbee.It is the first BSV business to be included in the South African regulator's sandbox.
  • The regulatory sandbox provides market innovators with an opportunity to test new products and services that push the boundaries of existing regulation under the responsible supervision of relevant regulators.
  • Centbee's cross-border remittance app, Minit Money , was selected to participate to testthe regulatory treatment of cryptocurrency assets for low-value cross-border remittances between South Africa and Ghana.
  • Centbee is using Bitcoin SV as the blockchain underpinning its offering as transactions cost a penny, it processes thousands of transactions per second, and is a reliable open-source protocol.

Bitcoin SV fintech Centbee selected for central bank regulatory sandbox

Retrieved on: 
Tuesday, June 22, 2021

JOHANNESBURG, June 22, 2021 /PRNewswire/ -- South Africa's Intergovernmental Fintech Working Group ( IFWG ) announced the first cohort for its regulatory sandbox which includes Bitcoin SV (BSV) fintech company, Centbee.It is the first BSV business to be included in the South African regulator's sandbox.

Key Points: 
  • JOHANNESBURG, June 22, 2021 /PRNewswire/ -- South Africa's Intergovernmental Fintech Working Group ( IFWG ) announced the first cohort for its regulatory sandbox which includes Bitcoin SV (BSV) fintech company, Centbee.It is the first BSV business to be included in the South African regulator's sandbox.
  • The regulatory sandbox provides market innovators with an opportunity to test new products and services that push the boundaries of existing regulation under the responsible supervision of relevant regulators.
  • Centbee's cross-border remittance app, Minit Money , was selected to participate to testthe regulatory treatment of cryptocurrency assets for low-value cross-border remittances between South Africa and Ghana.
  • Centbee is using Bitcoin SV as the blockchain underpinning its offering as transactions cost a penny, it processes thousands of transactions per second, and is a reliable open-source protocol.

Lynx Global Launches DA5 Australia and Activates the DA5 - FinFan Vietnam Payment Rails

Retrieved on: 
Thursday, June 17, 2021

DA5 Australia is an Australian Transaction Reports and Analysis Centre ("AUSTRAC") registered holder of a Remittance license and Digital Currency Exchange Services Provider license in Australia.

Key Points: 
  • DA5 Australia is an Australian Transaction Reports and Analysis Centre ("AUSTRAC") registered holder of a Remittance license and Digital Currency Exchange Services Provider license in Australia.
  • "As Lynx Global and its operating companies continue to expand its network of global distribution rail integrations, we continue to push ourselves to the forefront of recognized innovative money-transfer solution providers.
  • This strategic integration between DA5 and FinFan further enhances our customer experience and broadens the global coverage points of the DA5 proprietary money rails," said Michael Penner, CEO Lynx Global.
  • The Digital banking revolution is taking Vietnam by storm, and FinFan is considered one of the key players in this.