Cross-border payments were in the spotlight this week for payment rails innovators, who expanded their infrastructure and partnered with other firms. This week’s look at payment rail innovation is all about digitization and international payments. dLocal is growing its payment network to include three countries...
EMQ, a provider of global financial settlement services, has begun letting businesses around the world transfer up to roughly $280,000 directly into banks in Japan, the company announced in a news release. “Japan, the third-largest economy in the world, is an important market in our...
In a venture capital slowdown, any investment round is a win. This week’s look at the latest funding for B2B FinTech and other startups showcases an investor appetite for security, data and business intelligence, with nearly $63.5 million in fresh investment for the industry. PYMNTS...
Asia-based financial settlements network EMQ, which works in cross-border payments, has announced the close of a $20 million Series B funding round led by WI Harper Group, according to a press release. In addition, new and existing participating investors included Abu Dhabi Capital, AppWorks, DG...
January 26, 2022
In a move designed to expand its reach in Europe, payments network EMQ says it has added SEPA (Single Euro Payments Area) instant credit transfer capabilities to its network. EMQ announced the change Wednesday (Jan. 26), saying it lets global enterprises send funds instantly in euros to a wider set of accounts in Europe. “Customers […]
