Tag "remittances"

The Truth About Bitcoin Remittances

We are about 7 years into Bitcoin and ‘the Blockchain’ now and its time we evaluated where we are in terms of remittances, what works and what doesnt. As a founder of Bitspark we know a thing or two about

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Fintech (Startup) Of The Month: TransferTo, A Cross-Border Mobile Payments Network

TransferTo is a leading B2B mobile payment network and airtime hub serving the likes of Western Union, PayPal, Xoom, 7 Eleven, WorldRemit, Tigo mobile money and MoneyGram. TransferTo interconnects financial institutions and mobile operators globally, linking over 4.5 billion mobile

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Florin Awards Asia 2016 Announces Winners of Startup Competition

The Florin Awards, a startup competition by the Global Payment Summit conference, has announced the four winning startups for the year 2016. This time, there were two Florins to be won in “jury votes” and “community votes” in two categories:

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TransferWise Begins Money Transfer Service To Vietnam

TransferWise, one of the UK’s hottest fintech unicorns, has begun serving the Vietnamese market, only supporting inbound money transfers (for now?). Transfers to Vietnam have gone live yesterday and are being charged 1.5% per transaction, or 95,000 VND for transfers

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Bitcoin Remittance Startup Bitspark Expands Southeast Asia Coverage

Bitspark, a bitcoin remittance startup, has expanded its Southeast Asia coverage, announcing a new partnership with Malaysian Vitaxel Group. Headquartered in Hong Kong, Bitspark provides a bitcoin remittance solution and currently serves Vietnam, the Philippines and Indonesia. By signing a

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Customers Willing to Shift to Mobile Money for International Transfers

Mobile international money transfer services have significant potential to gain traction and market share as 92% of consumers are willing to ditch traditional money transmitter services for a mobile method, according to a new survey. Entitled ‘Mobile Financial Services Consumer

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Cambodia Fintech: Leveraging Technology to Bank to Unbanked

With only 27% of Southeast Asia’s 600 million population having bank accounts, the region represents an untapped opportunity for fintech companies, in Cambodia these ventures that are leveraging technology to provide more efficient and cheaper banking and financial services. In

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Fintech Money Transfer Startups Eye Vietnamese Remittance Market

Vietnam currently stands as one of the top ten remittance recipient countries in the world. In 2014, more than US$12 billion have been remitted to the country, making it the 9th largest remittance recipient, according to a World Bank report.

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Top 10 Southeast Asian Blockchain, Bitcoin Startups

The bitcoin craze has gone well beyond the US and Europe. In Africa, startups such as BitPesa are revolutionizing the remittance market, enabling cheap and fast money transfers. In South America, bitcoin firm BitINKA announced in June its plans to

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MatchMove Pay To Tap Into Southeast Asia’s Remittance Market, Hyperledger Wins Innotribe Startup Challenge

Exciting things are happening in Singapore. In case you missed it last week, MatchMove Pay, one of the hottest fintech startups in Southeast Asia, was granted a remittance license from Singapore’s central bank to tap into Southeast Asia’s juicy remittance

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