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Tag: remitly

Fintech Founders Dominate 2021 Forbes 30 Under 30 Asia in Finance and VC Category

In this year’s Forbes 30 Under 30 Asia list, fintech founders and co-founders are dominating the Finance and Venture Capital (VC) category.Among the...

New Immigrants Arriving in the US Don’t have Established Credit Histories, Preventing them from Accessing Many Financial Services, Fintech Execs Explain

Immigrants who might not have an established credit history may be able to take advantage of advancements in Fintech that provide tools to...

More capital for Pacific Northwest startups: Founders’ Co-op raises $50M fund, its largest yet

Seattle venture capital firm Founders’ Co-op, an early backer of billion-dollar companies such as Remitly, Outreach, and Auth0, has raised a $50 million...

Techstars Announces ‘Startup City Acceleration Program’ in Partnership with Japanese Government to Support the Global Expansion of 50 Japan-Based Startups

BOULDER, Colorado, Jan 27, 2021 - (JCN Newswire) - Techstars, the rapidly-growing global investment and accelerator network that helps entrepreneurs succeed, today announced...

Fintech Sees Strong Growth in South East Asia as COVID-19 Skyrockets Digital Adoption

Despite COVID-19 headwinds, Southeast Asia’s digital economy has remained strong and resilient, adding 40 million people into the online space this year.Owing to...

Arif Amiri, CEO at Dubai International Financial Center, Confirms there are Over 160 Fintechs it’s Support to “Drive Sustainable Growth”

Dubai is consistently ranked among the world’s leading Fintech hubs. Fintechs in Dubai have been supported by the UAE (United Arab Emirates) government...

Western Union reportedly makes acquisition bid for MoneyGram

Western Union is understood to be eyeing up rival MoneyGram as a potential acquisition candidate, Bloomberg reports. The deal would see two of...

Weekly Wrap: Wells Fargo fights B2B fraud and Green Dot has a busy week

Share Green Dot’s banking-as-a-service business made headlines this week, including expanded products for both Walmart and Remitly customers. The company, which has long...

Green Dot expands banking services through Walmart, Remitly 

Share Green Dot is overhauling the services it offers through its partners, this week announcing upgrades for Walmart MoneyCard and Passbook by Remitly...

Remitly taps Cross River to speed global payments as volume spikes

Share A new partnership between Cross River Bank and Remitly, a Seattle-based remittance company, has enabled Remitly customers to receive international disbursements in...

Digital Remittances Reach Record of $96 Billion YoY, High Fees Open Door for Cryptocurrencies

In a globalized world where labor follows capital, the remittance industry has been growing constantly in both volume and users....

In the shadow of Amazon and Microsoft, Seattle startups are having a moment

Venture capital investment exploded across a number of geographies in 2019 despite the constant threat of an economic downturn. San Francisco, of course,...

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