Marcel van Oost

Hi Payments Fanatic, Remittances to Morocco 🇲🇦 just hit the fast lane. Thunes has switched on real-time payments into Moroccan bank accounts, giving its global network instant access to one of Africa’s biggest remittance hubs (we’re talking $11.5B in inflows last year). For expats, speed is everything

Hi Payments Fanatic, Pix is out here speed-running the record books. On Friday (Sept 5), Brazil’s instant payments system 🇧🇷 smashed two all-time highs in a single day 🤯: * 290 million transactions (previous record: 276.7M in June) * R$164.8 billion processed (up from R$135.6B in

Hey Payments Fanatic, Elon Musk’s plan to add payments to X is facing setbacks. The company has failed to secure approval from New York’s financial regulator, preventing a U.S.-wide rollout. Over the past 12 months, several executives have also left the payments unit, X Money, including

Hey Payments Fanatic! PhonePe is gearing up for an IPO, aiming for a $10-12 billion valuation, and is likely to file by the end of September. Around 10% of its equity may be offered for sale, alongside fresh capital, with the IPO expected at $1.2-$1.5 billion

Hi Payments Fanatic! Chinese payments giant Alipay has been fined €214,000 by Luxembourg’s financial regulator for “serious” anti-money laundering breaches. The penalty follows an on-site inspection by the CSSF between June 2023 and January 2024. The regulator flagged failures in transaction monitoring, reporting suspicious activity, verifying