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Money Transfer Stories - Page 2

UK Stories

Money Transfer stories

LemFi names London global HQ in GBP £100m UK pledge
Fintech

LemFi names London global HQ in GBP £100m UK pledge

London will host LemFi's global operations as the fintech plans to hire more staff and expand compliance after pledging GBP £100 million in the UK.

By Karen Joy Bacudo • 4 min read • Wed, 29th Apr 2026

Global Stories

Money Transfer stories

Trace Finance raises USD $32 million for expansion
Fintech

Trace Finance raises USD $32 million for expansion

The funding will help Trace Finance expand regulated cross-border payments and stablecoin settlement across Brazil, the US and Asia-Pacific.

By Karen Joy Bacudo • 4 min read • Tue, 23rd Jun 2026
One in three remittance users struggle with delays
Fintech

One in three remittance users struggle with delays

Delays and opaque fees in cross-border transfers are leaving millions of remittance recipients unable to cover essentials, a new survey finds.

By Karen Joy Bacudo • 4 min read • Thu, 18th Jun 2026
RedotPay adds USD account to multi-currency wallet
Fintech

RedotPay adds USD account to multi-currency wallet

Users can now hold dollars in RedotPay's wallet and move them into stablecoins for spending or cross-border transfers without leaving the app.

By Karen Joy Bacudo • 3 min read • Mon, 25th May 2026
Reap & TerraPay expand cross-border payout corridors
Fintech

Reap & TerraPay expand cross-border payout corridors

Businesses could see faster, cheaper international payouts as the tie-up lets funds settle through local clearing systems rather than correspondent banks.

By Mark Tarre • 4 min read • Fri, 15th May 2026
Thunes & WireBarley launch real-time Korea payments
Fintech

Thunes & WireBarley launch real-time Korea payments

The tie-up gives 1.1 million WireBarley users faster transfers into South Korea as remittance demand there topped USD $7.45 billion last year.

By Karen Joy Bacudo • 4 min read • Wed, 29th Apr 2026
Nium partners Coinbase for USDC cross-border payments
Crypto

Nium partners Coinbase for USDC cross-border payments

Businesses can now move USDC through Nium's network and settle in fiat, cutting trapped liquidity across more than 190 countries.

By Karen Joy Bacudo • 4 min read • Wed, 22nd Apr 2026
Proofpoint tracks cargo theft gang's post-breach tactics
Endpoint Protection

Proofpoint tracks cargo theft gang's post-breach tactics

Researchers say longer dwell time revealed how attackers scan freight, payments and banking systems to turn intrusions into cargo theft and fraud.

By Sean Mitchell • 3 min read • Tue, 21st Apr 2026
Tether backs USD $134 million Stablecoin Development
Crypto

Tether backs USD $134 million Stablecoin Development

Backing from Tether comes as stablecoins pass USD $300 billion in circulation, underlining investor appetite for their payments infrastructure.

By Karen Joy Bacudo • 4 min read • Thu, 16th Apr 2026
OpenFX raises USD $94 million to speed cross-border payments
Crypto

OpenFX raises USD $94 million to speed cross-border payments

The funding will help OpenFX expand hiring and infrastructure as it tackles slow, costly cross-border transfers for banks and fintechs.

By Karen Joy Bacudo • 4 min read • Thu, 2nd Apr 2026

Stories from Other Regions

Money Transfer stories

BitGo Singapore & dtcpay forge regulated payments deal
Crypto

BitGo Singapore & dtcpay forge regulated payments deal

The tie-up gives dtcpay access to licensed infrastructure in Singapore, easing compliance pressures as businesses demand safer digital asset payments.

By Karen Joy Bacudo • 4 min read • Tue, 23rd Jun 2026
Thunes opens New York office to boost US expansion
Fintech

Thunes opens New York office to boost US expansion

Faster cross-border payouts for US businesses are at the heart of the payments firm's latest push into one of its biggest markets.

By Karen Joy Bacudo • 3 min read • Thu, 11th Jun 2026
Thunes launches real-time US payouts for cross-border money
Fintech

Thunes launches real-time US payouts for cross-border money

Businesses sending money into the US can now use faster rails, cutting delays and fees in a market prone to payment failures.

By Karen Joy Bacudo • 3 min read • Tue, 9th Jun 2026
MANSA named in Payments Power 50 2026 for cross-border push
Fintech

MANSA named in Payments Power 50 2026 for cross-border push

The recognition could boost MANSA's appeal to payment operators as cross-border firms seek faster settlement and less capital tied up abroad.

By Karen Joy Bacudo • 4 min read • Wed, 3rd Jun 2026
SoFi launches bank-issued stablecoin in banking app
Crypto

SoFi launches bank-issued stablecoin in banking app

Millions of customers can now use a bank-backed digital token in a mainstream finance app, marking a rare move into consumer stablecoins.

By Karen Joy Bacudo • 4 min read • Sat, 30th May 2026
Thunes launches real-time bank transfers into New Zealand
Fintech

Thunes launches real-time bank transfers into New Zealand

Businesses sending funds into New Zealand can now settle in local currency faster, as Thunes adds real-time bank transfers to its Asia-Pacific network.

By Karen Joy Bacudo • 3 min read • Sat, 25th Apr 2026
Neo Financial second FinTech to join Interac network
Fintech

Neo Financial second FinTech to join Interac network

Direct access to Interac e-Transfer gives Neo Financial more control over payment features as the network opens to non-bank providers.

By Jake MacAndrew • 3 min read • Thu, 9th Apr 2026