Finablr disappointed on its IPO coming in well below original investor expectations. Revolut, another payments unicorn has had a tough year to date too.
How some of the biggest players from TransferWise to Western Union are treating the remittance and non-remittance corridors and pricing their products.
WorldFirst has abruptly closed its US business. We assume this move was to help get the Ant Financial deal. Why buy British or Canadian payment companies.
In the international payments world, who is the Revolut and TransferWise? Wyre, SentBe, Eversend, Assure Hedge, Neo and Transfer Galaxy all tackling the money transfer space.
Big M&A opportunities are few and far between in the sector so news from Bloomberg that Western Union (WU) is looking to sell its business arm (WUBS) is noteworthy.
July saw three significant B2B investments in the international payments space: Airwallex (liquidity & rails), Flywire (processing international payments for healthcare, education and business), and Transfermate (business payments and ERP integrations)