Mobile banking and financial services app Moneytree has closed a Series C funding round with an issuance of new shares through third-party allotment including funds of Fidelity International, to bring total funding to $45 million since the company’s founding in 2012.
Global digital money transfer transaction volumes will reach 2 billion by 2024, up from 1.1 billion in 2019, according to a new report.
Global payment services provider SWIFT has published a new API standard for the pre-authorisation of funds which it says paves the way for further innovation in financial services enabled by Open Banking.
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