Anders la Cour, co-founder and CEO of Banking Circle, says: “Payment providers who join Banking Circle can offer ‘local’ cross-border payments, with low fees, good FX rates and fast transfer times. It’s a cohesive solution – there’s no differentiation between local and cross-border payments. All payments occur quickly, at low cost. Payments are simply payments.”
Established in 1999, Alibaba is doing well in the e-commerce space. For example, as reported in July, SoftBank and Alibaba decided to invest $445 million in Paytm E-Commerce.
