While there has been a focus on junk fees recently that hasn't extended much to remittances. For people sending money overseas there is no transparency and the cost is still too high.
When war broke out in Ukraine last year, Daumantas Dvilinskas and his team at TransferGo quickly realized the intensifying need for money transfering services such as theirs.
In this episode we sit down with Matt Oppenheimer, the CEO and founder of Remitly, to discuss remittances, the financial challenges of immigrants and how fintech is serving them better.
TransferWise sold $319mn worth of shares to early investors and employees that valued the fintech at $5bn; the company’s valuation...
The World Bank predicted remittances would decline by almost 20 percent in 2020, the biggest drop in history; Remitly and...
Nubank steps up its game in Latin America by offering remittances in Mexico and securing a new license in Colombia.
Argentine neobank Ualá announced it was moving into the segment, partnering with Mexican incumbent ABC Capital.
Remittance fintech Remitly has announced it has raised $85 million in equity at a $1.5 billion valuation, an up round...
According to the World Bank global remittances are set to fall by 20 percent this year as the pandemic wreaks...
Fintech solutions are helping to lower the barrier to entry for women in emerging markets and the tools are beginning...