Flutterwave Unlocks U.S. Remittances with Send App Relaunch
Hey Payments Fanatic!
Flutterwave is relaunching its Send App after securing 20 new Money Transmitter Licenses in the U.S., bringing its total to 34.
With these licenses, Africa’s biggest FinTech unicorn can now operate directly in more states without intermediaries, offering a refreshed, streamlined way to make cross-border transfers faster and easier for U.S. users.
Before we dive into today’s payments updates, here’s something new:
For the first time, I am sharing a full media kit that has partnership opportunities with Connecting the Dots in FinTech... at your fingertips.
Want to have a look? Just drop your email here and I’ll send it over.
Keep scrolling for the latest in payments, including how Flutterwave’s U.S. users can now send money to Nigeria, Ghana, and Egypt with ease. I’ll be back in your inbox on Monday!
Cheers,
NEWS
🇬🇧 Solidgate joins Endeavor’s global network. As a member of the Endeavor network, it is committed to collaborating with other high-impact entrepreneurs to drive innovation in the payments industry. With the backing of Endeavor, the company aims to support more businesses in transforming payments from a behind-the-scenes process into a powerful engine for growth.
🌍 Getnet Europe CEO Rubén Justel Participates in VII Foro Payments, organized by EXPANSIÓN and American Express, where he warned that banks risk falling behind if they fail to keep pace with technological changes and evolving user expectations, emphasizing the need for responsible and inclusive financial services.
🇺🇸 Flutterwave’s send app relaunches in the US and expands remittance reach to Africa. Its total number of direct licenses to 34, allowing the company to operate across many US states and territories without partners or intermediaries. Users in the US can now send money to Nigeria, Ghana, and Egypt, unlocking new remittance corridors that were previously unavailable.
🇵🇭 Mastercard and Paynamics bring Click to Pay to more businesses in the Philippines. Through this collaboration, Paynamics’ merchant partners can now integrate Click to Pay in their platforms, backed by Mastercard’s trusted security technology.
🌍 Curve Pay and Thales join forces to securely transform digital wallets on iPhone. This collaboration between Curve and Thales provides iOS users with greater control, flexibility, autonomy, and digital security for in-store contactless payments and digital wallets.
🇩🇪 Stripe launches new products to accelerate growth for businesses in Germany. New products and features include: Access to growth capital through Stripe Capital, support for more than 25 new payment methods, including Wero, and a new pay-by-bank payment method based on Europe’s open banking system, and fraud detection and prevention on SEPA payments with Stripe Radar.
🇸🇬 HitPay integrates Flagright to ensure the security of payments. Through Flagright’s AI technology and user-friendly, no-code platform, HitPay is set to be able to implement comprehensive compliance and fraud prevention measures. Continue reading
🇩🇪 Germany approves first regulated Euro stablecoin, EURAU. The EURAU stablecoin is designed to facilitate round-the-clock instant cross-border settlements and seamless integration for regulated financial institutions, FinTech companies, treasury operations, and enterprise clients throughout Europe and internationally.
🇬🇧 Noah partnered with Opera to enable millions of Minipay users to receive and spend stablecoins through a combination of global financial rails and local payment systems. The collaboration aims to make stablecoin usage more practical for individuals in emerging markets, particularly freelancers, remote workers, and migrant communities.
🇹🇭 Worldpay launches domestic acquiring capabilities in Thailand. This move enables global merchants to serve local consumers with their preferred payment types, LINE Pay, TrueMoney, PromptPay, and online banking. Read more
🇨🇭 AMINA becomes the first bank globally to support Ripple USD as demand for stablecoins surges. AMINA will enable its client base of professional investors, institutions, and corporations to access Ripple’s stablecoin ecosystem with the security and governance that clients expect from a traditional banking partner.
🇨🇳 Boost users can now make QR payments overseas via UnionPay. The update enables Boost users to scan QR codes, including static ones, at retail stores in China through Weixin Pay, which is also known internationally as WeChat Pay. Read on
🇬🇧 Klarna’s strategic presence at Wimbledon. It will host partners and industry stakeholders throughout the tournament. While top tennis players compete on the court, Klarna will engage with retailers, brands, and business leaders to discuss the evolving landscape of retail, payments, and consumer experiences.
🇧🇷 Wise launches Rende+, for foreign currency investments for Brazilians. New solution allows returns on balances in foreign currency and marks the FinTech's advance in an increasingly competitive niche. Keep reading
Want your message in front of 100.000+ FinTech fanatics, founders, investors, and operators?
Shoot me a message on LinkedIn or send me an e-mail.
Comments ()