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TerraPay partners with Diamond Trust Bank Uganda

TerraPay, a leading global cross-border payments network company, and Diamond Trust Bank Uganda (DTBU), a prominent member of the Diamond Trust Bank Group, today, announced a strategic partnership to expand international money transfers and strengthen financial inclusion in Uganda. Together, both firms will deliver unparalleled benefits to customers worldwide. The key attributes of this partnershi. ....

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Nubank posts $1bn full year net profit

Brazilian digital bank Nu swung from a net loss in 2022 to a $1 billion net profit in 2023 on revenues of more than $8 billion. ....

New York Stock Exchange , York Stock Exchange ,

Nium and Ebury team on cross-border payments for SMEs in Brazil

Ebury, one of the world’s largest fintech companies specializing in transactions for SMEs, today announced its partnership expansion with Nium, the leader in real-time global payments, to deliver a groundbreaking global remittance service in Brazil. ....

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As crypto market bounces back, Balance reachieves $2 billion in assets under custody

Balance relocated its headquarters from Toronto to Calgary at the end of January. ....

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block stock update: Payments fintech Block climbs nearly 20% after strong earnings forecast

The stock was trading at $81.39, adding more than $8 billion to the company s market value. Block has been looking to lower costs and drive "profitable growth" in the business by trimming headcount and reducing its real estate footprint. The company said on Thursday it plans to cut 112 jobs in March. ....

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