Breaking News
Ria Money Transfer and Xe Join Forces with Google to Collaborate on Seamless, Cross-Border Money Transfers
The Ria Money Transfer Google partnership represents a significant step forward in seamless, tech-enabled remittance services. Ria Money Transfer (Ria), a global leader in the money transfer industry, and Xe, a global payments provider with 30 years of experience and trusted expertise moving money around the world — both business segments of Euronet (NASDAQ: EEFT) — announced today a collaboration with Google to make cross-border money transfers more accessible. The companies will work together to make it easier for Google users to find and conduct cross-border money transfers via Ria and Xe’s services.
In 2024, the total revenue for the global digital remittance market was forecasted at USD $23.4 billion, and it is projected to rise swiftly at a Compound Annual Growth Rate (CAGR) of 13.5%, reaching USD $83.2 billion by the end of 2034. Part of the growth of digital remittances has been driven by the increased use of embedded finance. The global embedded finance market size was valued at USD $104.8 billion in 2024.
This partnership is based on Ria and Google’s shared goal of improving cross-border money transfer technology, which will help millions of people get more access to financial services.
Today, Ria and Xe already support 3.2 billion mobile wallet accounts, 4 billion bank accounts, 4 billion Visa cards and 624,000 locations across nearly 200 countries and territories. This strategic collaboration between Ria, Xe and Google aims to simplify access to cross-border payments for more people around the world, helping Google users discover and transact more easily.
“Thanks to the convenience of digital channels, more and more customers are choosing to send money online,” said Juan Bianchi, Euronet’s EVP & CEO Money Transfer segment. “We are thrilled to be working with Google, and through their vast reach, make Ria and Xe’s money transfer service available to millions of people who haven’t experienced it before.”
The Ria Money Transfer Google partnership highlights how digital innovation and global collaboration are transforming the future of cross-border remittances.
People In This Post
Companies In This Post
- Stavtar Solutions Secures $55 Million from Elephant to Accelerate Growth and Scale Operations Read more
- EquiLend Launches AI Assistant to Accelerate Access to Securities Finance Insights Read more
- BofA Names Christine Williams President of Myrtle Beach Read more
- Carrington Labs and DigiFi Partner to Bring Cash Flow Underwriting to Loan Origination Platform Read more
- Bitget Wallet and Immersve Launch USD-Based Crypto Card in Brazil, Eye Latin America Expansion Read more
Stavtar Solutions Secures $55 Million from Elephant to Accelerate Growth and Scale Operations
Stavtar Solutions, a leading provider of business spend management and expense allocation SaaS for complex businesses such as alternative asset managers, today announced a Series A investment of $55 million from Elephant.
EquiLend Launches AI Assistant to Accelerate Access to Securities Finance Insights
EquiLend, a global fintech leader in securities finance, today introduced a new AI-powered assistant within its Data & Analytics suite, designed to help users interact with securities finance and short interest insights more efficiently. The assistant is now available via the DataLend interface and the Orbisa app on the Bloomberg Terminal.
BofA Names Christine Williams President of Myrtle Beach
Bank of America has named Christine Williams, Retail Banking business control executive, president of Myrtle Beach.
Carrington Labs and DigiFi Partner to Bring Cash Flow Underwriting to Loan Origination Platform
Carrington Labs, a leading provider of credit risk analytics and cash flow underwriting models, has partnered with DigiFi, an AI-powered digital loan origination platform that offers a fully configurable, no-code environment for banks and lenders worldwide
Bitget Wallet and Immersve Launch USD-Based Crypto Card in Brazil, Eye Latin America Expansion
Bitget Wallet, the leading non-custodial crypto wallet, has launched its USD-based, zero-fee Mastercard crypto payment card in Brazil, marking its entry into Latin America's fast-growing digital payments market. Expansion to Argentina, Mexico, Colombia, Chile, Peru, and Guatemala will follow in the coming months, with additional rollouts in Asia-Pacific planned later this year. Issued in partnership with infrastructure provider Immersve, the card allows users to spend crypto directly from their wallets at over 150 million merchants that accept Mastercard globally.
FreeAgent Launches CIS for Contractors to Simplify Subcontractor Management and Aid Digital Tax Transition
FreeAgent, the innovative UK accounting software company, has launched a major upgrade to its award-winning platform - introducing tools to help Construction Industry Scheme (CIS) contractors manage deductions and returns, while building on its existing support for subcontractors.
Bitpanda Reports Strongest Financial Results to Date for 2024
Bitpanda, Europe’s leading crypto platform, has reported its most successful financial year to date. In 2024, the company generated €393 million in operating revenue - more than double the previous year’s result. Adjusted EBITDA rose more than fivefold and pushed the company’s EBITDA margin above 30%. This marks a milestone year in terms of profitability, scalability, and sustainable growth.
Stavtar Solutions Secures $55 Million from Elephant to Accelerate Growth and Scale Operations
Stavtar Solutions, a leading provider of business spend management and expense allocation SaaS for complex businesses such as alternative asset managers, today announced a Series A investment of $55 million from Elephant.
EquiLend Launches AI Assistant to Accelerate Access to Securities Finance Insights
EquiLend, a global fintech leader in securities finance, today introduced a new AI-powered assistant within its Data & Analytics suite, designed to help users interact with securities finance and short interest insights more efficiently. The assistant is now available via the DataLend interface and the Orbisa app on the Bloomberg Terminal.
BofA Names Christine Williams President of Myrtle Beach
Bank of America has named Christine Williams, Retail Banking business control executive, president of Myrtle Beach.
Carrington Labs and DigiFi Partner to Bring Cash Flow Underwriting to Loan Origination Platform
Carrington Labs, a leading provider of credit risk analytics and cash flow underwriting models, has partnered with DigiFi, an AI-powered digital loan origination platform that offers a fully configurable, no-code environment for banks and lenders worldwide
Bitget Wallet and Immersve Launch USD-Based Crypto Card in Brazil, Eye Latin America Expansion
Bitget Wallet, the leading non-custodial crypto wallet, has launched its USD-based, zero-fee Mastercard crypto payment card in Brazil, marking its entry into Latin America's fast-growing digital payments market. Expansion to Argentina, Mexico, Colombia, Chile, Peru, and Guatemala will follow in the coming months, with additional rollouts in Asia-Pacific planned later this year. Issued in partnership with infrastructure provider Immersve, the card allows users to spend crypto directly from their wallets at over 150 million merchants that accept Mastercard globally.
Reimagining the CFO Role: Lucanet CFO Alistair Gurney on Data, Decision-Making, and AI-Driven Agility
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
The Future of Competitive Advantage in Banking and Payments | Bottomline
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]