Tag "TransferWise"

TransferWise Records a Whooping 70% Revenue Growth in the Past Year

Fintech unicorn TransferWise announced that its annual revenue had grown by 70%, hitting a profit of £302.6 million (S$531.65m) for the past financial year. TrnasferWise recorded a net profit of £21.3 million (S$37.42m) for fiscal year ending March 2020. The

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TransferWise and Mastercard Further Enhance Their Global Partnership

Mastercard and TransferWise have announced an expanded partnership to enable the issuance of cards in any market around the world where Mastercard is accepted and TransferWise is licensed for its multi-currency borderless account. TransferWise has been working with Mastercard since the

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TransferWise Announces Partnership with Aspire On the Back of Its US$ 5 Billion Valuation Spike

TransferWise announced today a new partnership with Singapore-based fintech Aspire, concurrent with news of its valuation jumping to US$ 5 billion. Aspire provides digital financial services such as credit lines, business accounts and corporate cards for small and medium-sized enterprises

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TransferWise Reaches £2 Billion Milestone in Their Multi Currency Account

TransferWise,  announced today that its customers are currently holding £2 billion in deposits in the multi-currency accounts. TransferWise’s account has seen rapid adoption year-on-year by millions of expats, travellers, freelancers and businesses across the world looking for a cheaper, faster,

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Mambu’s Cloud Banking Platform Plugs into TransferWise’s API for Cheaper Money Transfer

TransferWise has announced a partnership with cloud banking platform Mambu. Customers of Mambu, challenger and traditional banks alike, can now seamlessly access TransferWise’s technology infrastructure directly through the Mambu platform to offer cheap, fast and transparent international money transfers at

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TransferWise Customers in SG Can Now Receive Money Using Just Their Mobile Number

TransferWise announced today that they have become the first international money transfer service to allow Singapore customers to receive money using just a mobile number. For Singaporeans with a PayNow profile, receiving international transfers can be done by providing just their

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5 Service Providers and Tools for Singapore Fintech Startups

Fintechs need fintechs. In order to embed a tech company within high functioning infrastructure, it’s going to be dependent on some other services. This is good news because it saves time, money and can increase the efficiency of operations and

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TransferWise Wants to Give Away its $150,000 Prize Money to Singaporeans

Fresh off being crowned 1st place at Singapore Fintech Festival’s Fintech Awards under the global category, TransferWise announced today it will give away that money to Singaporean individuals and small businesses hit by hidden bank fees at home and abroad. According

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4xLabs’ New Platform Lets You Compare Prices of Overseas Money Transfer Services

Following the launch of Get4x, a price discovery platform for currency exchange, a Singapore-based fintech named 4xLabs has just launched a comparison platform which puts different money transfer solutions neck and neck to help users select cheaper or quicker transfers—particularly

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TransferWise Bids Farewell to Head of Asia-Pacific Expansion, Lukas May

TransferWise is a London-headquartered international money transfer company, and it has built quite a name for itself in Singapore’s island nation in parts thanks to the efforts of its head of Asia-Pacific expansion, Lukas May. Lukas May has since resigned

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