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Thursday, January 28, 2021
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TransferWise to offer investment products but has ‘no plans’ to become a bank

TransferWise, the London-headquartered international money transfer service recently valued at $3.5 billion, has secured an additional license with U.K. regulators to enable it to...

Startup founders are building companies on WhatsApp

Lisa Enckell Contributor Lisa Enckell is a partner at Antler, an early-stage venture capital firm and startup generator. In Asia, where I work as a partner...

European startups applaud Commission plan to rethink stock options

Startups have welcomed proposals from the European Commission aimed at cutting red tape and shrinking cross-border barriers for small businesses as part of a...

Remitly raises $220M to expand from money transfers to financial services, now at ~$1B valuation

When it comes to financial services in emerging markets, remittances — people sending money to each other across international borders, often not to established...

TransferWise launches debit card in the U.S. with access to 40 currencies

Money transfer service TransferWise, coming off of a banner year in which annual revenue grew to $149.12 million (£117 million) from $84.1 million (£66...

Line teams up with Visa to boost its mobile payment service

Messaging app Line has partnered with Visa to bring traditional financial clout to its mobile payment service. The deal will see Line Pay become compatible...

Cross-border fintech startup Instarem raises $20M for global expansion

Instarem, a Singapore-based startup that helps banks transfer money overseas cheaply, has raised a Series C round of over $20 million for global expansion. The...
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