Archive
Airwallex Deploys Its Virtual Multi-Currency Visa Cards for U.S. Businesses
Cross border payments firm Airwallex has introduced the U.S. Airwallex Borderless Card, a virtual Visa card issued by Community Federal Savings Bank (CFSB). Airwallex’s customers domiciled in the United States can now instantly generate and issue multi-currency virtual payment cards
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Thunes Sets up Miami Hub to Deepen Presence in Latin America
Global cross-border payments firm Thunes is speeding up its global expansion by setting up a regional hub in Miami to expand into new Latin American markets. Thunes has established regional payout partnerships that are available in 16 Latin American countries,
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London Stock Exchange Inks US$325 Million Deal to Acquire TORA
The London Stock Exchange Group (LSEG) announced that it has agreed to acquire TORA, a US-headquartered cloud-based technology provider that supports customers trading multiple asset classes across global markets, for US$325 million. The acquisition is expected to close later this
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Flutterwave Closes USD $250M in Series D Funding
Flutterwave announced that it has raised USD $250 million in Series D funding, valuing the company at over $3 billion as the brand continues to transform the way Africans transact on the continent and worldwide. Flutterwave has become the highest
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BBVA to Invest $300 Million in Brazilian Digital Bank Neon
BBVA has reached an agreement to invest $300 million (about €263 million) in Neon, a Brazilian digital bank founded in 2016 that aims to improve access to financial services for individuals, self-employed and small businesses in its country. Neon has
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FNZ Raises US$1.4 Billion, Now Valued at US$20 Billion
FNZ, a global wealth management platform, announced that it has secured US$1.4 billion in new equity funding from Canada Pension Plan Investment Board (CPP Investments) and Motive Partners. CPP Investments had committed to pouring in a total of US$1.1 billion.
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Crypto.com Announced as Official Title Partner of the Formula 1 Miami Grand Prix
South Florida Motorsports (SFM) announced the HK based Crypto.com as the official title partner of the Formula 1 Miami Grand Prix. This prestigious new deal will see Crypto.com become an integral part of the newest Formula 1 event on the
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US Federal Reserve Releases Discussion Paper on Central Bank Digital Currency
Recent technological advances including blockchain, cloud computing and artificial intelligence (AI) have ushered a wave of new private-sector financial products and services, paving the way for rapid developments in money. While dozens of countries are already in the development and
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