In brief: Banco Santander closes PagoFX
Spanish bank Santander presented PagoFX with great fanfare in March 2020. The international money transfer service was launched as a low-cost com...
Payment news
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Money transfer: PaySend, the other FinTech to watch
FACTS PaySend is a FinTech specialized in international money transfers. It has just completed a new round of financing in line with it...
Dematerialized Invoice: new fund raising for Libeo
FACTS The young Parisian company Libeo, specialized in BtoB invoice management and payment, has just announced a new fund raising. This is ...
FinTech: Visa Acquires Plaid
FACTS The US card scheme Visa announced they are acquiring the FinTech Plaid for $5.3 billion.
Real Time Transfer: Visa Teams Up with TransferWise
FACTS TransferWise –British money transfer specialist– teams up with Visa.
Payments News in Brief – November 2019
Players’ Strategy CHINA – Wirecard sets to acquire all shares in Allscore Payments Services. This agreement, amounting to €72.4 million, gi...
Recurring payments: GoCardless Joins Forces with TransferWise
FACTS On the occasion of the Web Summit held in Lisbon, the British FinTechs TransferWise and GoCardless announced a partnership.
Banking-as-a-Service: Galileo Closes a Substantial Funding Round
FACTS The American group Galileo Financial Technologies announces a $77 million funding series.
Money Transfer: Monisnap Announces a Funding Round
FACTS The Paris-based start-up Monisnap focusing on money transfer services to emerging countries announces a €2.5 million funding series. ...
ADN’co Payments Insight – September 2019
Players’ Strategy – e-Banking: the Race Towards Customer Acquisition FRANCE – ING launches a free, non-income-dependent offer for the sake...
REX: TransferWise Hits Success
FACTS The British Unicorn TransferWise reports their money transfer business has been profitable for the third year in a row.
SympliFi Unveils an Alternative to Remittances
FACTS The start-up SympliFi recently launched a lending service for customers in Zimbabwe with family residing in the UK.
REX: Azimo Reaches Profitability
FACTS London-based money transfer service Azimo reached profitability in Q2 2019.
TransferWise Aims for New Markets with Fee-Free Card
FACTS The British money transfer FinTech TransferWise intends to reach out for two more markets with their fee-free debit card offer.
PayPal Xoom Lands in Europe
FACTS PayPal-owned international money transfer service Xoom becomes available to European users
REX: Curve Announces Another Funding Series, Enters Top 5 British FinTechs
FACTS The British FinTech Curve, behind BtoC and BtoB card-based aggregation services, announced a Series B funding round assessed at aroun...
Mastercard and Treezor Build Stronger Partnership
FACTS The French start-up Treezor, providing financial services for neo-banks announces a technological partnership with the US scheme Mast...
Money Transfer: Ripple Enters MoneyGram’s Capital
FACTS The Californian start-up Ripple behind a Blockchain-based real-time payment protocol announces a 2-year strategic partnership with tr...
ADN’co Payments Insight – May 2019
Players’ Strategy – FinTechs Racing for Investments and Valuation UNITED KINGDOM – The British unicorn TransferWise sees their valuation i...
TransferWise Raises $292 Million, Increases Valuation Twofold
FACTS The London-based cross-border transfer specialist TransferWise raised $292 million. This second operation (replacing former with new ...
