WorldRemit introduces USD payout option in Nigeria

WorldRemit introduces USD payout option in Nigeria

WorldRemit said that its customers in Nigeria can now receive remittances in foreign currency (USD) via its cash pick up providers. The UK-based digital cross-border payments firm said that after the recent announcement of the Central Bank of Nigeria (CBN), it has adapted quickly to the new requirements, making it the first digital service to […]

Standard Chartered invests in FX post-trade infrastructure provider Cobalt

Standard Chartered invests in FX post-trade infrastructure provider Cobalt

Cobalt, a London-based foreign exchange (FX) post-trade infrastructure provider, said that it has secured an undisclosed investment from Standard Chartered, thereby expanding its bank investors. Standard Chartered, which became a client of Cobalt in February 2020 has now joined Citi as an investor in the latter’s network. The FX post-trade infrastructure provider claims to help […]