Remitly, a global finTech that provides digital remittance solutions, announced Tuesday (Aug. 16) that it has signed a definitive agreement to acquire Rewire, an Israeli-based financial services platform for migrant workers. Under the terms of the agreement, Remitly will acquire Rewire for approximately $80 million,...
In today’s top Europe, Middle East and Africa (EMEA) news, Central African Republic Finance Minister Herve Ndoba said the use of cryptocurrencies in the nation’s economy is coming, while London’s TrueLayer has introduced variable recurring payments (VRP). Plus, Facebook owner Meta and Google pledged to...
In today’s FinTech news, Fiserv launches AppMarket to enable financial institution (FI) access to curated FinTech solutions. Plus, Rewire, a cross-border financial services platform targeting Africa and Asia migrants, partners with payments platform Paysafe to offer more options to consumers in the U.K. Fiserv Launches...
Africa and Asia migrant-focused cross-border financial services platform Rewire on Tuesday (April 26) teamed up with payments platform Paysafe to bring the offering to cash-reliant consumers in the U.K. and 16 countries in Europe, according to a joint press release. Rewire’s financial inclusion is rooted...
August 16, 2022
Remitly, a global finTech that provides digital remittance solutions, announced Tuesday (Aug. 16) that it has signed a definitive agreement to acquire Rewire, an Israeli-based financial services platform for migrant workers. Under the terms of the agreement, Remitly will acquire Rewire for approximately $80 million, consisting of a mix of cash and stock. According to […]
April 26, 2022
Africa and Asia migrant-focused cross-border financial services platform Rewire on Tuesday (April 26) teamed up with payments platform Paysafe to bring the offering to cash-reliant consumers in the U.K. and...
