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Israeli unicorn Papaya Global acquires UK fintech Azimo

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.
  • 2 Minute ReadFinance
  • Kushal Maharjan
  • April 8, 2022

iPay Announces Partnership with Cash Express for Global Remittances

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. 
  • 2 Minute ReadFinance
  • Kushal Maharjan
  • March 31, 2022

Money Transfer Fees Remain Stable Despite Rising Inflation

Inflation appears to be increasing at an unprecedented rate, and there hasn't been a change in money transfer costs from top businesses like Western Union or PayPal. This is creating a potential for significant savings, as these companies generally hover around 3%. The worldwide money transfer sector is now worth over $600 billion and is expanding.
  • 2 Minute ReadFinance
  • Kushal Maharjan
  • March 25, 2022

Compliance in Fintech Industry

Whether it's KYC or AML, FinTechs have a hard time complying with rules. A recent poll found that KYC and AML compliance is one of the main obstacles to FinTech growth globally.
  • 4 Minute ReadFinance
  • Kushal Maharjan
  • March 18, 2022

Russia Bans Residents from Sending Money Abroad

Russians are no longer permitted to transfer money abroad. For the first time since 1971, the Russian government has imposed a ban on moving money out of Russia.
  • 2 Minute ReadFinance
  • Kushal Maharjan
  • March 11, 2022

Madison Dearborn to Acquire MoneyGram for $1.8 Billion

The 42-year-old fintech, MoneyGram will no longer continue as a separate entity in a surprising turn of events. The company has agreed to an all-cash deal of $1.8 billion and now will operate under the Madison Dearborn Partners banner following the acquisition.
  • 2 Minute ReadFinance
  • Kushal Maharjan
  • March 4, 2022
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Transcash International Pty. Ltd. is a financial services business (AFSL) incorporated and registered in Sydney, Australia.

Transcash is registered as a remittance network provider and independent remittance dealer with AUSTRAC, Australia’s anti-money laundering and counter-terrorism financing regulator.”

Copyright © 2022  The registered trading brand name of the company is “iPay”.

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