Singaporean fintech firm sets up operations in Edinburgh
TranSwap, a cross-border payment platform based in Singapore, has based its first UK office in Edinburgh.
Global money transfer service Azimo and payments fintech dLocal to facilitate remittances from Europe, Australia to Colombia
Global money transfer service Azimo has teamed up with dLocal in order to allow workers in Europe and Australia to send funds to Colombia.
London fintech company set to create 40 new jobs in Tampa
London-based international money transferring company TransferWise announce it is looking to add 40 new roles to be based in Tampa, Florida.
London-based international money transfer platform TransferGo bags £4M
TransferGo has established itself as one of the most trusted money transfer services focusing on delivering, fast, reliable remittances.
TransferWise expands in Middle East with Abu Dhabi license
TransferWise, the $3.5 billion financial technology start-up backed by investors including Peter Thiel and Richard Branson, is expanding its money transfer service in the Middle East. The company announced Tuesday it obtained a license as a Money Services Provider in Abu Dhabi. The license will allow users in the United Arab Emirates (UAE) to transfer funds in the local dirham currency, also referred to as AED, into accounts around the world through TransferWise’s platform. “Money transfers from AED have long been one of our most wished for currencies, so we always knew we’d begin our expansion into the Middle East in the Emirates,” Kristo Käärmann, CEO and co-founder of TransferWise, […]
Australia gets its first dedicated platform for fintech jobs
By Elizabeth Barry, Editor, finder.com.au The site has been launched to fill a gap in the fintech market. The Australian fintech sector now has a dedicated platform through which to source local talent as well as apply for fintech jobs. The team behind Australian FinTech have this week launched the employment platform, Australian FinTech Jobs, to better service the sector when it comes to finding talent. Founder and CEO Cameron Dart, who was recently named as one of finder.com.au’s Top 25 Fintech Influencers, said the platform seeks to service all areas of employment. “When people think of ‘fintech’ in relation to employment, they might initially think of just ‘finance’ or just ‘technology’ jobs,” Dart […]
Fintech: Why It Matters So Much to Your Investment
Fintech is a term that combines two words; Financial and Technology. It means emerging financial services that are fast expanding to include inventions in financial literacy, retail banking, education, investing, and cryptocurrencies. While fintech was initially only applied to conventional technologies that were applied to back-end established clients and financial institutions, the term now refers to how to people operate their enterprises ranging from double-entry accounting to currency invention. Notably, financial technology has grown explosively as mobile internet revolution advances. Facts about Fintech and their applications today In their latest report, Accenture established that international investment in fintech blast through the roof in just a couple of years. From $ […]
Vantiv seals $10 billion Worldpay acquisition
Vantiv Inc. agreed to acquire U.K. payments processor Worldpay Group PLC for about GBP8 billion ($10.4 billion) in cash and stock, one of the biggest deals in the fast consolidating sector. The tie-up, according to a joint statement Wednesday, will create a trans-Atlantic payments processing giant with a combined market value of more than $20 billion. The companies disclosed their negotiations last month as the Ohio-based Vantiv appeared at the time to ward off a potential rival bid from J.P. Morgan Chase & Co. The combined entity will be called Worldpay. Payments businesses are under pressure to join forces in part to cut costs as greater regulatory scrutiny and rising […]
