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October 31, 2017 11:30 am GMT
International remittances continues to be one of the biggest financial services in developing countries, with$450 billion getting sent from countries like the U.S. to emerging markets in 2017 alone, according to the World Bank. Now, one of the bigger startups using tech to take on Western Union, MoneyGram and other offline incumbents in the space is announcing a large round of funding to… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/dU_9SUcPnFQ/
Remitly is raising up to $115M led by Naspers PayU to double down on remittances
International remittances continues to be one of the biggest financial services in developing countries, with$450 billion getting sent from countries like the U.S. to emerging markets in 2017 alone, according to the World Bank. Now, one of the bigger startups using tech to take on Western Union, MoneyGram and other offline incumbents in the space is announcing a large round of funding to… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/dU_9SUcPnFQ/
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