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Paysend Partners with Purpl to extend Money Transfer to Lebanon
Paysend, the UK-based fintech with over 7 million customers, today announces a commercial partnership with Purpl, the Lebanese remittance and cash out platform, enabling the 20 million Lebanese around the world to send money to their loved ones back home. Features such as low fixed fees on money transfers, competitive exchange rates, and the ability to receive instant international payments will change how communities in Lebanon manage their money internationally.
As more and more people around the world require fast, cheap and reliable services to help them send funds, Paysend continues to expand the reach of its network and the number of countries that its customers can send money to, in order to help them to stay connected and transfer money to their friends, family, and loved ones.
“We know that today the majority of Lebanese consumers’ financial lifelines are the remittances they receive from their loved ones abroad, yet the costs of these remittances keep on increasing and the user experience keeps on deteriorating. We’re delighted to partner with Paysend, both providing broadscale global reach, instant transfers, and costs that are materially lower than we currently see,” says Karl Naïm, co-founder and CEO at Purpl.
Alex Budyakov, Head of Enterprise and Network Partnerships at Paysend, said: “We’re excited to be partnering with an organization like Purpl whose objectives around financial inclusion and bringing money transfer services to those that need them most are so aligned to Paysend’s ambitions. Through this partnership Lebanese people all over the world will be able to connect and support their family, friends and loved ones through quicker, more affordable and more secure money transfers.”
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Satispay Targets up to €120 Million to Support New Financial Services Push
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TradeStation Expands into Europe, Unlocking Full U.S. Trading Experience for Retail and Institutional Investors
TradeStation Group, Inc. (“TradeStation”) today announced the launch of TradeStation Europe B.V. (“TradeStation Europe”), a fully licensed MiFID Investment Firm in the European Union, regulated by the Dutch Authority for the Financial Markets (AFM) in the Netherlands, to operate as an investment services firm in Europe.
ING Hires Aled Patchett to Lead UK Sector Strategy
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Prosci: Mitigating Human-Side Friction: Deploying Research-Backed Change Management and Executive Coaching Rails
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MNP and Caseware Partner to Build the Future of Agentic Audit
Caseware, the leading AI platform for assurance and financial reporting, today announced, two major milestones with MNP, one of the largest professional services firms in Canada. MNP has selected Caseware to further its audit transformation, deploying Caseware’s full Cloud Engagement Solutions suite across its practice. Simultaneously, MNP has joined the Caseware Agentic Pioneer Program as a founding member — a strategic co-development partnership that will see MNP build and deploy firm-specific AI agents on Caseware’s governed AI platform. Together, these agreements mark a significant step in MNP’s evolution into a cloud-first, AI audit practice.
Driving Sustainable Profit in Fintech with Torus, payabl., and Raiffeisen Bank International
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Eastnets: Navigating the New Era of Instant Payments and Global Fraud Prevention
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The Dual-Edged Sword of Artificial Intelligence: Structuring Governance Protocols for High-Velocity Financial Solutions
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