Remittance company SendFriend announced that it has raised $1.7 million from investors MIT Media Lab, Barclays, the Mastercard Foundation, Ripple, Techstars, Mahindra Finance, 2020 Ventures, and 8 Decimal Capital. The investment funding will allow SendFriend to better enable Overseas Filipino Workers (OFWs) to safely transfer USD...
November 26, 2024
The Mastercard Foundation has reportedly established itself as a major institutional investor following a private equity deal. As Bloomberg News reported Tuesday (Nov. 26), the foundation has for years been one of the most successful investors in the world based on the strength of its sole holding: Mastercard. But the foundation is now trimming that $50 billion stake, diversifying into […]
February 12, 2019
Remittance company SendFriend announced that it has raised $1.7 million from investors MIT Media Lab, Barclays, the Mastercard Foundation, Ripple, Techstars, Mahindra Finance, 2020 Ventures, and 8 Decimal Capital. The investment...