#remittances

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fromTechCrunch
3 days ago

Microsoft and Uber alum raises $3M for YC-backed Munify, a neobank for the Egyptian diaspora | TechCrunch

Khalid Ashmawy remembers the first time he wired money home while studying in Europe. He had just received his monthly stipend as a master's student in Stuttgart and wanted to send part of it back to his family in Cairo. It was usually a slow and expensive process, he recalled. A $400 wire transfer, for instance, could cost $40 in fees and take three business days to arrive.
Startup companies
fromCaribbean Life
1 month ago

New US Remittance Tax for Caribbean residents - Caribbean Life

A 1% tax increase on remittances from Caribbean nationals to their home countries will take effect on Dec. 31, 2025.
fromenglish.elpais.com
1 month ago

Mexico makes small progress in negotiations with the US amid Trump's onslaught

Small agreements between the U.S. and Mexico fail to resolve major bilateral issues.
fromstupidDOPE | Est. 2008
2 months ago

Send Money to Latin America for Less Than $1 with MyBambu | stupidDOPE | Est. 2008

MyBambu revolutionizes remittances for Latin America with fast, affordable transfers designed for immigrants.
fromTechCrunch
2 months ago

Aspora gets $50M from Sequioa to build remittance and banking solutions for Indian diaspora | TechCrunch

Inward remittances to India rose significantly, escalating from $55.6 billion in 2010-11 to an expected $160 billion by 2029, demonstrating the growing financial dynamics within the diaspora.
European startups
fromwww.dw.com
3 months ago

Trump remittance tax to hit Africans hard DW 05/28/2025

Remittances are crucial for many families in Africa, providing essential financial support for various needs.
fromwww.dw.com
3 months ago

Trump targets illegal migration with remittance tax plan DW 05/23/2025

Sheinbaum opposes Trump's remittance tax proposal, claiming it unfairly penalizes already taxed individuals.
fromenglish.elpais.com
3 months ago

The 5% remittance tax threat: A new flashpoint between Mexico and the US

The U.S. House approved a proposal for a 5% tax on remittances, significantly impacting Mexican national economy.
NYC startup
fromCoinDesk
4 months ago

Stablecoin Giant Circle Is Launching a New Payments and Remittance Network

Circle is launching a new payments network aimed at remittances, potentially rivaling major payment networks.
European startups
fromTechCrunch
4 months ago

Visa-backed African unicorn Moniepoint tackles remittances. But is it late to the game? | TechCrunch

Visa's investment in Moniepoint signifies a transformative strategy towards cross-border financial services in Africa, launching the MonieWorld platform.
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