PYMNTS

OCTOBER 1, 2019

.’s many so-called digital challenger banks, Revolut started its evolution as a pre-paid card attached to an app that gave users an easy mechanism for paying abroad without foreign exchange fees. billion valuation, which resulted in it becoming one of the Europe’s most valuable unicorn companies.

Foreign Exchange 43

Foreign Exchange Valuation Compliance B2B 43

PYMNTS

OCTOBER 11, 2019

Targeting the middle market and large corporates, the company provides data analytics automation for fleet managers to obtain a holistic overview of operations, including mileage, damage, compliance, lease costs and more. XTransfer already operates in China, Hong Kong, the U.K., Canada, the U.S.,

Foreign Exchange 67

Foreign Exchange Startups B2B Investments 67

PYMNTS

OCTOBER 4, 2019

With $100 million in new funding, Rapyd plans to expand its API platform used by business clients to empower its own capabilities, including online checkout, funds collection, funds disbursement, compliance, foreign exchange management, card issuing and more. Both Greensill and SoftBank declined to comment.

B2B 51

B2B eCommerce Startups Foreign Exchange 51

PYMNTS

JULY 24, 2020

billion valuation as part of its Series D round that kicked off five months ago. The new funding is an extension of that round to $580 million while the valuation remains the same, the company said. Founded in 2015, Revolut began by offering prepaid debit cards that allowed users to avoid foreign exchange fees while traveling abroad.

Startups 102

Startups Foreign Exchange Valuation Invoicing 102

PYMNTS

FEBRUARY 26, 2016

Devanath said SMERGERS has collected data on businesses across industries and geographical markets to help guide the valuation process. “An An issue we have observed in the market is that many deals fall through because of valuation mismatch between the buyer and seller,” the CEO explained.

Foreign Exchange 52

Foreign Exchange Valuation Currencies Investments 52

PYMNTS

SEPTEMBER 8, 2016

When those parents in China send their $60,000 to MIT via Flywire’s platform, Frere explained, they are given a real-time rate based on current foreign exchange rates between their home country and where the money is being sent. Being Prepared For What’s Next. “For us, it’s a competitive advantage,” Frere said.

Foreign Exchange 43

Foreign Exchange Currencies Valuation Accounting 43