New research reveals small businesses lose plenty via FX
In 2020, UK SMEs paid 10x more than corporates for their foreign exchange (FX) when using their banks.
SWIFT to eliminate frictions in international payments
SWIFT today announced the go-live of a service that will enable banks to verify payee account details before an international payment is sent.
GoCardless partners with Pennylane to help SMEs manage and collect recurring payments
GoCardless has joined forces with Pennylane to offer SMEs and start-ups a seamless way to manage and collect recurring payments.
UK student finance fintech raises £1.1m in funding
UK student finance fintech StepEx has raised £1.1 million in pre-initial funding, with the venture studio BBVA Anthemis Venture Partnership being the lead investor.
New fintech OneFor challenges the remittance and payment markets with a cheaper, faster and safer solution
OneFor’s solution enables borderless money transfers and payments, revolutionising the multi-hundred billion euro remittance and payment industries.
Paris-based Monisnap raises €10 million to boost its money transfer services for ‘unbanked’ communities
Monisnap offers a large set of financial services to diaspora communities living in Europe eager to help their unbanked relatives.
Australia’s hummgroup launches in the UK
Australian buy now pay later company hummgroup has launched in the United Kingdom.
Nayax provides cashless payment solution for international oil and gas company, MOL Group
Nayax has been announced as the preferred partner of MOL Group to improve consumer experience and enable cashless payments for new customers.
