Stablecoins have been attracting growing interest from the cross-border payments industry in recent months, with activity from a broad range of companies.

Last week, rumours began to circulate that Revolut was launching an employer of record service that would build on Revolut People.

Last week we released a report analysing payments players’ approach to AI, identifying agentic AI as a small but fast-growing area with significant potential.

Last week saw Fintech Meetup, where I was pleased to moderate a discussion about digitalising cross-border payments and the opportunities in partnerships.

Remitly and Corpay’s Corporate Payments segment surpassed $1bn in revenues in 2024, with Payoneer nearing the mark and expected to cross it in 2025.

Two years on from its launch, the the Pan-African Payment and Settlement System (PAPSS) continues to grow as new participants come online.

Cross-border payments data from China’s State Administration of Foreign Exchange shows that the yuan now accounts for the majority of transactions.

Stripe has published its annual letter, providing a limited view of its finances alongside a broader sense of the company’s strategy and ongoing priorities.

Intermex’s revenue stayed flat at $658.6m in FY 2024, with a slowdown in Latin America leading to a -0.8% decline in annual principal sent to $24.4bn.