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...
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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.
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.
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 ...
ADN’co Payments Insight – April 2019
Instant Payment – Instant Credit Transfer Taking-Off in Europe FRANCE – The mobile-based P2P instant credit transfer service “Paylib entre...
New Funding Round Planned by TransferWise
FACTS According to Reuters, the London-based money transfer start-up TransferWise would be planning one of the largest funding round for 20...
News in Brief – November 2018
Players’ strategy INTERNATIONAL – N26 is now available in Denmark, Norway, Sweden and Poland. Launched in 2013 in Germany, they keep focusi...
REX: TransferWise Reports Promising Profit
The British FinTech TranferWise focusing on money transfer reports improved results for 2018. This European “Unicorn” announced their cross-borde...
News in Brief – June 2018
Players’ Strategy INDIA – The Indian manufacturer of retail POS solution Pine Labs announces a $125 million founding round from PayPal and ...
ADN’co Payments Insight – June 2018
Players’ Strategy – Consolidations Building the Future of Payments DENMARK / GERMANY – The Danish payment solutions specialist Nets merges ...
Bankin’ Expands their Offer, Adds Credit Monitoring Service
The account aggregation service Bankin’ expands their set of offers through proposing a new, and free of charge, credit-related feature. For now,...
Instant Payment: Work Underway for Arkéa
Instant Payment services have started to gain traction in a certain number of European countries, and is taking its first steps in France. Work i...
Cross-Border Money Transfer: BPCE Partners with TransferWise
During the Money20/20 event, BPCE, Natixis Payments and TransferWise announced a strategic partnership on enabling cross-border money transfers. ...
