Finablr takes majority stake in digital gifting firm Swych
Payments and foreign exchange solution platform boosts its stake in the firm.
Payments and foreign exchange solution platform boosts its stake in the firm.
Swych’s blockchain-based gift card technology will power Travelex Pay, offered by Travelex and WeChat.
US users can now send digital gift cards to friends and family in India in real time.
Digital gifting platform Swych has closed its Series A round with a “major strategic capital investment” from UAE Exchange Group. The amount of the investment was undisclosed, reports David Penn at Finovate (Banking Technology‘s sister company). “Swych’s global gifting technology and vision fits well with our strategy to foster purpose-based money transfers,” UAE Exchange Group […]
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