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Foreign exchange (Forex) stories

Modulr appoints Jakub Zmuda & Mark Buitenhek for Europe
Fintech

Modulr appoints Jakub Zmuda & Mark Buitenhek for Europe

The payments firm is strengthening its European governance as it targets further growth across the region after reaching profitability last year.

By Sofiah Nichole Salivio • 3 min read • Yesterday
Flex raises USD $70 million as it launches UK service
Software-as-a-Service

Flex raises USD $70 million as it launches UK service

The new capital will fund Flex's overseas expansion after annualised revenue tripled and its valuation more than doubled to USD $1.2 billion.

By Joseph Gabriel Lagonsin • 4 min read • 2 days ago
Mangopay expands Virtual Accounts to 24 currencies
Fintech

Mangopay expands Virtual Accounts to 24 currencies

Platforms handling cross-border collections can now reconcile payments in 24 currencies, as Mangopay widens Virtual Accounts support from seven.

By Karen Joy Bacudo • 3 min read • Last week
PayPal USD launches on Polygon for cross-border payments
Crypto

PayPal USD launches on Polygon for cross-border payments

Businesses using Polygon can now settle overseas payments in PYUSD with fewer integrations, as stablecoin use shifts into mainstream finance.

By Karen Joy Bacudo • 4 min read • Last week
Hyundai tests stablecoin remittance between US & Mexico
Crypto

Hyundai tests stablecoin remittance between US & Mexico

The trial cut an internal dollar transfer between Hyundai units in the US and Mexico to seven minutes, far faster than bank rails.

By Karen Joy Bacudo • 4 min read • Last week
Flix expands Klarna payments across 21 US & Europe markets
Fintech

Flix expands Klarna payments across 21 US & Europe markets

Travellers on Flix services in 21 markets can now spread ticket costs over time as Klarna rolls out across Europe and the US.

By Karen Joy Bacudo • 4 min read • Last week
Damisa appoints Nick Watkins as Chairman ahead of raise
Fintech

Damisa appoints Nick Watkins as Chairman ahead of raise

The cross-border payments company is seeking stronger governance and operational depth as it readies a Series A fundraising round.

By Sofiah Nichole Salivio • 3 min read • Last week
Standard Chartered tests digital asset prime brokerage
Crypto

Standard Chartered tests digital asset prime brokerage

The pilot could make institutional bitcoin and ether trading easier by adding bank balance sheet support, credit intermediation and T+1 settlement.

By Karen Joy Bacudo • 4 min read • Last week
Robinhood launches chain & stock tokens in 120 countries
Crypto

Robinhood launches chain & stock tokens in 120 countries

The launch broadens access to tokenised shares and round-the-clock trading as the platform pushes deeper into DeFi outside the US.

By Sofiah Nichole Salivio • 4 min read • This month
J.P. Morgan adds five Asia-Pacific currencies to Kinexys
Fintech

J.P. Morgan adds five Asia-Pacific currencies to Kinexys

Asia-Pacific treasurers can now move funds around the clock as J.P. Morgan expands blockchain settlement to eight currencies, including yen and renminbi.

By Karen Joy Bacudo • 4 min read • This month
onPhase taps TransferMate for cross-border payments
Software-as-a-Service

onPhase taps TransferMate for cross-border payments

Finance teams will be able to handle overseas supplier payments inside onPhase, as the software maker adds TransferMate as its exclusive partner.

By Karen Joy Bacudo • 4 min read • This month
Checkout.com partners Agoda on travel payments using AI
Fintech

Checkout.com partners Agoda on travel payments using AI

The deal aims to cut failed bookings and speed supplier payouts across Agoda's global travel network, where cross-border payments are complex.

By Joseph Gabriel Lagonsin • 3 min read • This month
RedotPay taps OpenPayd for global stablecoin payments
Crypto

RedotPay taps OpenPayd for global stablecoin payments

The tie-up should speed remittances and multi-currency transfers for millions of RedotPay users as stablecoin payments expand globally.

By Karen Joy Bacudo • 4 min read • This month
Trading Technologies adds market replay surveillance
Risk & Compliance

Trading Technologies adds market replay surveillance

Exchanges and regulators get a 90-day playback of order books, as Trading Technologies expands its surveillance tools across asset classes.

By Karen Joy Bacudo • 3 min read • Last month

Stories from Other Regions

Foreign exchange (Forex) stories

Siam Commercial Bank joins Citi's 24/7 USD clearing
Fintech

Siam Commercial Bank joins Citi's 24/7 USD clearing

Thai corporates can now move US dollars round the clock after The Siam Commercial Bank became Citi's first client for a combined tokenised clearing service.

By Karen Joy Bacudo • 4 min read • Last week
Lorum appoints Hartwig Gerhartinger as legal chief
Fintech

Lorum appoints Hartwig Gerhartinger as legal chief

The hire underscores Lorum's push to win clients that need stronger regulatory assurance as it seeks a US trust bank charter.

By Sofiah Nichole Salivio • 4 min read • Last week
Ebury launches supplier payment finance in New Zealand
Fintech

Ebury launches supplier payment finance in New Zealand

Small importers in New Zealand may get relief from cashflow strain as unsecured trade finance lets them pay overseas suppliers later.

By Karen Joy Bacudo • 3 min read • Last month