TransferWise receives authorization from Brazil's Central Bank to act as foreign exchange broker
It has been operating in the country since April 2016 as an exchange correspondent for local banks. The approval will greatly reduce...
News by FinTech Collective
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Travelex hack: staff write paper invoices as websites remain down
Currency firm still offline as hackers demand $3m to stop release of customers’ data. Staffers have had to write out paper invoices for...
Santander buys majority stake in UK fintech Ebury for £350m
London based fintech company has raised £350m from Banco Santander, as Spain’s biggest bank seeks to win more business from SMEs that...
oneZero Financial Systems receives minority investment
Cambridge, MA based provider of software and technology solutions to the foreign exchange trading industry received a minority investment...
Kooltra secures new funding round
Toronto based platform to streamline FX trading has raised $5m from Hyde Park, Round13, and Saleforce Ventures.
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The legacy technology stack, manual processes and spreadsheets that have traditionally enabled FX operations are expensive, complicated...…
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