Strike introduces its cross-border payment service “Send Globally” in Mexico

Strike, the global money app for Bitcoin and fast, secure payments, yesterday announced the expansion of “Send Globally” to Mexico. With this expansion, it will bring its payment service to the largest remittance market in the US. In 2022, Mexico received $60 billion in remittances from the US alone, about 95% of total remittances from abroad. Today, sending a payment from […]
StoneX Global Payments & TIS partner to offer enhanced FX payment services

Recently, StoneX Global Payments and TIS have formally announced an official partnership agreement. Under the arrangement, StoneX and TIS will combine their extensive experience in cross-border payments and cloud-native payment solutions to create an unparalleled level of global service and coverage for corporate treasury and finance teams. The partnership, which leverages both companies’ comprehensive industry […]
TerraPay raises in excess of USD100 million in series B funding

TerraPay, a leading global payments infrastructure company, has successfully closed its Series B equity financing round, raising in excess of $100 million in equity and debt financing. The funding round was led by IFC and supported by Prime Ventures, Partech Africa, U.S. International Development Finance Corporation (DFC) and a consortium of other investors. The funding will help […]
Corpay merges with PracBiz for cross-border payments

Corpay, a FLEETCOR brand and global leader in business payments, is pleased to announce their new collaboration with PracBiz Pte Ltd. (“PracBiz”), the owner and operator of the B2B Digital Supply Chain Platform, PracBiz Exchange (PBX). Through this collaboration with PracBiz, over 4,000 B2B suppliers on the PBX platform located across APAC, will be able […]