SaveOnSend

MGI’s new CEO is building the world’s largest fintech, inspired by the turnarounds of MSFT, AAPL, AMZN, with the main bet on a stables sandbox for developers. After the $1.8B MDP deal in 2023, hopefully, such stories could help MGI achieve $1-1.5B exit. fxcintel.com/research/repor…

Follow up with an insider’s scoop on one of the most bizarre episodes in remittance history. Contrary to the WSJ narrative that Treasury was pressuring WU and others to stop enabling money laundering for sanctioned Iraqi militias, the payment firms, along with their correspondent…

6%. After a decade of crypto-stablecoin pilots delivering zero value, the next WU pilot will be completely different.

Are you a CEO of a financial services firm looking for a quick 5% bump in your stock price, with no care for actual value or sustainability? Just tell a major publication that you’re “exploring stablecoins,” and watch the magic happen the next day. pymnts.com/cryptocurrency…

Guess why Western Union has been struggling for the last decade.

Every fintech swears by the flywheel, but it's rare to spot one in the wild. saveonsend.com/transferwise-m…

Pause on this fact: Wise is the only fintech in history to achieve global supremacy in a specific market (C2C XB) and sustain 20%+ client volume growth for years. Whatever your favorite fintech is, it’s either not a global leader or it’s growing <20%.

After a decade of mostly empty rhetoric, in recent quarters @wise has finally begun steadily moving toward its mission of lower c2c xb pricing, now averaging 0.52%. The hope behind that business model is that maintaining an incredible 20%+ volume growth at scale will create a…

Do you hear this, consumers? “No tricks up Xoom’s sleeves” — honest-to-God zero fees. Must be because they’ve figured out how to leverage their own stable rails to eliminate all costs and pay employees with your smiles.

Trump’s focus on limiting migration while taxing remittances has driven surprisingly similar downward expectations for vastly different firms like WU and Remitly. Wise remains mainly focused on the white-collar segment, with the US accounting for less than 20% of its total.

These interviews from 2015 seem dumb now, but it was a prevailing thinking back then.

A multi-state fishing expedition revealed theoretical gaps against subjective standards, but with a US banking license worth far more than $4.2 million on the line, Wise paid up and moved on.

The main reason the meteoric rise of remittance fintechs over the last decade hasn't put top players out of business is that the pie has kept growing, leaving enough space for everyone—for now.

Following a significant drop in remittance volume to Mexico in April, May saw a further decrease, albeit not as substantial. banxico.org.mx/SieInternet/co…

Reads like a Wealthsimple promo — CBC Canada found one confused bank customer and conveniently ignored that Wise, Remitly, and others already offer faster, cheaper options. cbc.ca/news/business/…

No, international payments aren’t typically called remittances, XB transfers via blockchain instead of SWIFT isn’t innovation in 2025, and it’s not faster, safer, easier, or cheaper. The lack of KYC does make it more accessible, though.