Tag "remittances"
ConsenSys Ventures Backs Philippine Crypto Trading Startup PDAX
Crypto-exchange platform Philippine Digital Asset Exchange (PDAX) has raised an undisclosed amount of investment made by ConsenSys Ventures, the venture capital arm of US-based blockchain software firm ConsenSys. Founded in 2017 by Nichel Gaba, Krystian Kucharzyk, and Yang Yang Zhang,
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Top 10 Money Transfer Apps in Asia
For many developing countries in the world, remittances play a key role in their economies, contributing to economic growth and to the livelihoods of those nations. In 2016, more than US$440 billion went to developing countries that involved 250 million
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Remtech Providers In Asia You Need To Know
Remtech, the contraction of the words remittance and technology, refers to the use of digital channels and platforms for international money transfers. The increase in use of mobile phones and technology is providing an avenue for fintech developments in remittance.
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TransferWise Chooses Singapore as APAC Hub; Launches Service in the City-State
TransferWise, Europe’s leading money transfer service, is launching in Singapore where it is working with DBS Bank. The company has chosen the city-state as its Asia Pacific (APAC) hub and expects to have 30 employees by the end of 2017,
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Azimo Updates Remit Service, Adding Instant Bank Transfers to Existing Lightning-Fast Philippines Service
Azimo, the digital money transfer service operating in Europe, announced a complete overhaul of money transfer services to the Philippines, with a lightning fast instant service via bank transfer. BDO Remit, the remittance service of the Philippines’ largest bank BDO
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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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