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Roxe: Partners with IPAY to Launch Remittance Program

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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

Roxe: Partners with IPAY to Launch Remittance Program

  • Roxe uses blockchain technology to unify fragmented global payment systems so that payment and remittance companies, digital asset exchanges
  • IPAY Financial Services is the holding company for Transcash International, a financial services business registered and licensed in Australia
  • As traditional and digital financial institutions increasingly embrace blockchain
  • A company that provides payment services in over 100 countries across 100 payment and remittance corridors
  • A partnership can enable businesses, banks and individuals to remove barriers of time, geography
  • The network is currently designed to support USD, several major fiat currencies, and fiat from select countries with large remittance markets such as Nigeria
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