Why Santander bought Ebury
November 7th, 2019
Santander splashed out £350m for a majority stake in Ebury, one of the leading cross-border payments providers to small and medium sized businesses (SMEs).
Latest cross-border payments market share numbers for Western Union, MoneyGram, Ria, WorldRemit, TransferWise, Remitly, Revolut, Small World Financial
MoneyGram's share price has rallied. How is its mobile money transfer app performing, which markets is MoneyGram cheapest in
Western Union will cut 10% of its c.12,000 headcount, and consolidate its global offices to save $100m annually. MoneyGram also reported Q2 results this week.
Reducing the pain of processing payments and onboarding customers. Faster payment schemes Ebury TransferWise, Form3 and EBANX
Facebook announced Libra its crypto-currency blockchain project, squarely targeting the underbanked and remittances as its first use cases.
The likes of Azimo and Monese are exceptionally efficient at acquiring customers. TransferWise, Monzo and Starling are investing a lot per customer
Money20/20 Europe, the key payments conference of year in Europe. Our initial takeaways below on the big trends in the industry.
Finablr disappointed on its IPO coming in well below original investor expectations. Revolut, another payments unicorn has had a tough year to date too.