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Activities between Nov. 15, 2024, 8:06 p.m. and Nov. 22, 2024, 8:06 p.m. from: Money-Transfer Services.

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PayPal PYUSD To Bring Speed and Reduced Costs to Cross-Border Payments with Xoom

Document Date: Nov. 19, 2024, 2 p.m. / Source: PR Newswire
Activity Class: PartnershipActivity
Partnership: Document Extract: For the past 18 years, Cebuana Lhuillier has partnered with PayPal to facilitate money disbursements to the Philippines. " PayPal's payment services, our extensive rails with PDAX and Philippine banks, and our vast network of physical touchpoints enable us to deliver to last mile areas that are in need of support ," said Jean Henri Lhuillier, President and CEO of Cebuana Lhuillier. " With this upcoming collaboration, we 'll continue to drive financial inclusion and help more Filipinos ." PayPal has also extended its partnership with Yellow Card, the largest and first licensed stablecoin on/off ramp on the African continent. This follows last year's integration enabling Yellow Card to become the first fintech in Africa to list PYUSD.
Document Source: https://www.prnewswire.com/news-releases/paypal-pyusd-to-bring-speed-and-reduced-costs-to-cross-border-payments-with-xoom-302309809.html (archive.org page / archive.org listing)


PayPal PYUSD To Bring Speed and Reduced Costs to Cross-Border Payments with Xoom

Document Date: Nov. 19, 2024, 2 p.m. / Source: PR Newswire
Activity Class: PartnershipActivity
Partnership: Document Extract: Cebuana Lhuillier and Yellow Card will be the first Xoom disbursement partners to use PYUSD to settle cross-border money transfers, allowing them to leverage the cost and speed advantages of blockchain technology. These forthcoming integrations will help drive financial inclusion by providing more widespread access to digital financial solutions across Asia-Pacific and Africa. In addition, PayPal will be able to conduct cross-border settlement transactions without being restricted by traditional banking hours. " Cross-border transactions are an important driver for economic growth and prosperity in developing countries ," said Jose Fernandez da Ponte, Senior Vice President of Blockchain, Cryptocurrency, and Digital Currencies, PayPal. " With this step, Xoom and its partners, like Cebuana Lhuillier and Yellow Card, will be able to leverage PayPal's payment technologies and the blockchain to further enable seamless money transfers across borders ."
Document Source: https://www.prnewswire.com/news-releases/paypal-pyusd-to-bring-speed-and-reduced-costs-to-cross-border-payments-with-xoom-302309809.html (archive.org page / archive.org listing)


PayPal PYUSD To Bring Speed and Reduced Costs to Cross-Border Payments with Xoom

Document Date: Nov. 19, 2024, 2 p.m. / Source: PR Newswire
Activity Class: PartnershipActivity
Partnership: Document Extract: In addition, PayPal will be able to conduct cross-border settlement transactions without being restricted by traditional banking hours. " Cross-border transactions are an important driver for economic growth and prosperity in developing countries ," said Jose Fernandez da Ponte, Senior Vice President of Blockchain, Cryptocurrency, and Digital Currencies, PayPal. " With this step, Xoom and its partners, like Cebuana Lhuillier and Yellow Card, will be able to leverage PayPal's payment technologies and the blockchain to further enable seamless money transfers across borders ." Cebuana Lhuillier, the largest micro-financial services provider in the Philippines, boasts a robust network that enables Filipinos worldwide to send money back home to its 3,500 branches and 25,000 partner agent locations across the country. For the past 18 years, Cebuana Lhuillier has partnered with PayPal to facilitate money disbursements to the Philippines.
Document Source: https://www.prnewswire.com/news-releases/paypal-pyusd-to-bring-speed-and-reduced-costs-to-cross-border-payments-with-xoom-302309809.html (archive.org page / archive.org listing)


PayPal PYUSD To Bring Speed and Reduced Costs to Cross-Border Payments with Xoom

Document Date: Nov. 19, 2024, 2 p.m. / Source: PR Newswire
Activity Class: PartnershipActivity
Partnership: Document Extract: SAN JOSE, Nov. 19, 2024 /PRNewswire/ - Today PayPal announced it will be enabling disbursement partners to use PayPal USD (PYUSD) to settle cross-border money transfers made with Xoom. Cebuana Lhuillier and Yellow Card will be the first Xoom disbursement partners to use PYUSD to settle cross-border money transfers, allowing them to leverage the cost and speed advantages of blockchain technology. These forthcoming integrations will help drive financial inclusion by providing more widespread access to digital financial solutions across Asia-Pacific and Africa. In addition, PayPal will be able to conduct cross-border settlement transactions without being restricted by traditional banking hours. " Cross-border transactions are an important driver for economic growth and prosperity in developing countries ," said Jose Fernandez da Ponte, Senior Vice President of Blockchain, Cryptocurrency, and Digital Currencies, PayPal.
Document Source: https://www.prnewswire.com/news-releases/paypal-pyusd-to-bring-speed-and-reduced-costs-to-cross-border-payments-with-xoom-302309809.html (archive.org page / archive.org listing)


Driving Digital Excellence: Mphasis partners with MoneyGram Haas F1 Team to Revolutionize Motorsport Performance

Document Date: Nov. 21, 2024, 3:15 p.m. / Source: PR Newswire
Activity Class: PartnershipActivity / Region: New York City
Partnership: Document Extract: ~ Collaboration Focused on Driving Performance and Innovation On and Off the Track. NEW YORK, Nov. 21, 2024 /PRNewswire/ - Mphasis, (BSE: 526299; NSE: MPHASIS) , an Information Technology (IT) solutions provider specializing in cloud and cognitive services, has today been named 'Official Digital Partner' of MoneyGram Haas F1 Team, announcing an exciting multi-year technology driven partnership. This partnership reflects a shared commitment to innovation and excellence, leveraging advanced technology to drive superior performance in one of the most competitive environments in the sporting world-Formula 1. Mphasis will collaborate closely with MoneyGram Haas F1 Team to develop cutting-edge solutions aimed at enhancing the team's performance on the track and driving operational efficiency off the track. Through this partnership, Mphasis will bring its expertise in Data, Automation, Analytics, Cyber security, and Artificial Intelligence (AI) to empower MoneyGram Haas F1 Team in areas such as real-time data analysis, predictive modeling, and performance optimization.
Document Source: https://www.prnewswire.com/news-releases/driving-digital-excellence-mphasis-partners-with-moneygram-haas-f1-team-to-revolutionize-motorsport-performance-302313173.html (archive.org page / archive.org listing)


Zilch considers secondary share sale after first profitable quarter

Document Date: Nov. 19, 2024, 11 a.m. / Source: Sifted
Activity Class: CorporateFinanceActivity / Type: Ipo / Region: United Kingdom of Great Britain and Northern Ireland
Vendor: Document Extract: Zilch considers secondary share sale after first profitable quarter.
Document Source: https://sifted.eu/articles/zilch-secondaries-profit-fintech (archive.org page / archive.org listing)


Zilch considers secondary share sale after first profitable quarter

Document Date: Nov. 19, 2024, 11 a.m. / Source: Sifted
Activity Class: CorporateFinanceActivity / Type: Ipo / Region: United Kingdom of Great Britain and Northern Ireland
Vendor: Document Extract: In August, Revolut kicked off the secondary hype by securing a $ 45bn valuation in an employee share sale.
Document Source: https://sifted.eu/articles/zilch-secondaries-profit-fintech (archive.org page / archive.org listing)


Paxos to Acquire Finnish E-Money Institution Membrane Finance

Document Date: Nov. 19, 2024, 2 p.m. / Source: PR Newswire
Activity Class: CorporateFinanceActivity / Type: Acquisition / Region: Republic of Finland
Buyer: Target: Document Extract: Paxos to Acquire Finnish E-Money Institution Membrane Finance.
Document Source: https://www.prnewswire.com/news-releases/paxos-to-acquire-finnish-e-money-institution-membrane-finance-302310043.html (archive.org page / archive.org listing)


Portugal's Tekever raises $74M for dual-use drone platform deployed to Ukraine

Document Date: Nov. 20, 2024, 11:29 a.m. / Source: TechCrunch
Activity Class: CorporateFinanceActivity / Type: Investment / Region: Ukraine
Investor: Target: Document Extract: Tekever's funding round was led by Scottish investment company Baillie Gifford & Co. (which has previously backed SpaceX) and the NATO Innovation Fund, the €1 billion defense and dual-use VC fund announced in 2023.
Document Source: https://techcrunch.com/2024/11/20/portugals-tekever-raises-74m-for-dual-use-drone-platform-deployed-to-ukraine/ (archive.org page / archive.org listing)


Portugal's Tekever raises $74M for dual-use drone platform deployed to Ukraine

Document Date: Nov. 20, 2024, 11:29 a.m. / Source: TechCrunch
Activity Class: CorporateFinanceActivity / Type: Investment / Region: Ukraine
Target: Document Extract: Only last month, another European drone startup, Origin, raised funding for its precision-strike drone system currently operating in that country.
Document Source: https://techcrunch.com/2024/11/20/portugals-tekever-raises-74m-for-dual-use-drone-platform-deployed-to-ukraine/ (archive.org page / archive.org listing)

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