Category Finance

Blockchain-based remittance services are providing more transparency and promising to reduce some of the friction that has long plagued the process of sending money across borders.  

With Metaverse likely set to become Web3 in the not-so-distant future, this far-reaching vision of next-gen technology is likely to take over the physical world into a virtual world. It is estimated that the Metaverse will have 5 billion total users by 2030.

Six months after raising $250 million, Papaya Global, an Israeli cloud-based HR and platform, has acquired Azimo, a London-based digital cross-border payment business that Facebook once tried to buy to spearhead its own remittance initiatives.

iPay announces partnership with Cash Express to deliver quick settlement for the remittance market of Australia, and other countries in the Middle East (UAE, Pakistan, Lebanon, Egypt, Oman, and Kuwait) currently working together to provide a simple and seamless cross border payment experience for individuals as well as multinational corporations.