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TransferWise and Remitly raise mega-rounds in the new battle for cross-border payments
Globalization is in full swing these days, despite nationalist rumblings. And when goods and people are crossing borders, so too must money. At PayPal, for example, cross-border trade volume grew 41% last year, to over $18 billion. Payments startups are now making a run at that opportunity, with two of the most prominent announcing large …
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