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July 19, 2023
On the web
TerraPay (Mobex) Partners with Safaricom's M-PESA to Facilitate Seamless Outbound Cross-Border Remittances
PrnAsia
"TerraPay, a leading global payments infrastructure company announced its partnership with Safaricom, Kenya's leading telecommunications, IT and financial services provider...The partnership, through TerraPay's group company Mobex (Kenya), a licensed Money Remittance Provider, will enable more than 30 million M-PESA mobile wallet-holders in Kenya to send real-time payments through TerraPay's interoperable network across all wallets in Bangladesh & Pakistan, with plans to roll out India & Nepal in a few months."
October 20, 2020
On the web
ShopUp raises $22.5 million to digitize millions of mom-and-pop shops in Bangladesh
TechCrunch
“A startup that is aiming to digitize millions of neighborhood stores in Bangladesh just raised the country’s largest Series A financing round. Dhaka-headquartered ShopUp said on Tuesday it has raised $22.5 million in a round co-led by Sequoia Capital India and Flourish Ventures.”