The findings from this month’s "Buy Now, Pay Later Tracker®" also show that over half of consumers are either more likely to choose retailers that offer it or switch to ones that do, in what Boundless CEO Xiao Wang tells PYMNTS is proof that BNPL...
Mobile bank for migrants Majority raised $37.5 million in a Series B funding round for expanding its suite of essential services as it continues its growth trajectory to support the nearly 50 million immigrants in the U.S. The fresh infusion of capital was led by...
Remitly, which works to provide remittances and financial services for immigrants, announced an $85 million funding round amid a worldwide surge in demand for those kinds of services, a press release says. Prosus’s PayU, an existing investor, led the round with a $1.5 billion valuation,...
Welcome Technologies, which works to aid immigrants as they integrate into life in a new country, is partnering with Green Dot for the PODERCard, which will help U.S. Hispanic immigrants access digital banking services, according to a press release. Less than half of U.S. Hispanic...
May 10, 2017
Refugees are among the most unique groups of people for whom to enable mobile payments and other financial services. Clearly an acute need is there, but modern banking is built upon knowing one’s customers; and when all refugees have are the clothes on their back, cash in their pocket and a mobile phone in their […]
September 18, 2023
British banking giant HSBC and Nova Credit want to let U.K. immigrants improve their credit. The partnership, announced Monday (Sept. 18) in a news release provided to PYMNTS, lets customers who are applying for an HSBC U.K. credit card online employ Credit’s Nova Passport technology to share their credit history from a dozen countries. The […]
September 14, 2022
Mobile bank for migrants Majority raised $37.5 million in a Series B funding round for expanding its suite of essential services as it continues its growth trajectory to support the...
July 30, 2020
Remitly, which works to provide remittances and financial services for immigrants, announced an $85 million funding round amid a worldwide surge in demand for those kinds of services, a press...
May 28, 2020
Welcome Technologies, which works to aid immigrants as they integrate into life in a new country, is partnering with Green Dot for the PODERCard, which will help U.S. Hispanic immigrants...
