The US’s ‘One Big Beautiful Bill Act’ includes a planned 3.5% tax to remittances from non-US citizens. We explore the potential implications of this bill.
We speak to Remitly’s CEO about the company going from strength to strength in 2024, beating its forecasts and surpassing $1bn in revenue for the first time.
Euronet’s money transfer division saw solid growth in FY 24, but the company also talked more about the potential of real-time payments platform Dandelion.
Focusing on the 35 biggest remittance markets, we’ve identified which countries saw the lowest costs to send to in 2024, as well as how rankings changed.