Video: fintech news pick of the week – Mastercard, Ramp, PayPal & more
Our top pick of news from the world of finance and tech in bitesize video format, every week.
WorldRemit
Video: Top fintech stories this week – 9 April 2021
Featuring Clubhouse, Stripe, Harlem Capital, Paymob, and WorldRemit founder.
London fintech WorldRemit mulls taking $1.5bn Spac listing to US
Refinitiv data shows Spac mergers have surged to a record $170 billion this year.
Worldremit acquires fellow remittance firm Sendwave
Sendwave has a presence in East and West Africa.
WorldRemit teams up with Paykii
It will launch international bill payments through its own app/website using Paykii’s tech.
WorldRemit partners with Varo Money
The partnership will enable direct access in the Varo app to the WorldRemit service.
Ant Financial Makes Giant Leap into Remittance Biz with MoneyGram Buy
Ant Financial Services Group, the online and mobile financial services affiliate of Chinese e-commerce giant Alibaba Group, has just become a competitive juggernaut in the remittance business with the acquisition of MoneyGram, the second-largest provider of money transfer services based in the U.S. The transaction of approximately $880 million for all of MoneyGram’s common and preferred shares announced Jan. 26, not only helps MoneyGram compete with Western Union, it helps the combined company compete with startups that have been trying to shake up the market for years.
