The two firms say the partnership will enable “convenient and fast” global money transfers through the Jingle Pay app, allowing consumers in the UAE to send money to more than 200 countries and territories around the world. MoneyGram has partnered with, and bought a minority stake of approximately 12%, in UAE-based finance app Jingle Pay, for an undisclosed sum.Īlex Holmes, MoneyGram’s chairman and CEO, has also joined the Jingle Pay board of directors as chair. Since it began, it claims to have disbursed $13 million in loans to more than 4,000 carriers. It says it intends to use the funds to develop its offerings, hire more people and expand further in Mexico.Įstablished in 2021, Solvento offers financial services to carriers including payment automation, invoice financing and credit. The round also saw participation from Quona Capital, Proeza Ventures, Dynamo Ventures, Zenda Capital, Susa Ventures, 9yards Capital and Supply Chain Collective, as well as angel investors. Mexican fintech start-up for the transport sector, Solvento, has raised $5 million in a round led by US’ Ironspring Ventures. By Q1 2023, it aims to launch in five more countries. Vance was part of Y Combinator’s Winter 2022 batch and plans on going live in the UAE and UK by the end of this year. Unlike multi-currency wallets, Vance says its account will enable users to transact using local rails in different countries. Founded in 2022, Vance’s banking platform will allow users to “seamlessly” manage separate accounts, exchange currencies, and over time, invest in equities across markets. Vance aims to build a neobank catering to “global citizens”. The money will be used to expand their 10-member team to 30 over the next six months and develop new products including remittances, savings accounts and investments. Phone: 1-88 Fax: 20 Email: a Change of Enrollment: your name, IU Membership Number, and mailing address when requesting information via e-mail.The round also saw participation from Global Founders Capital, Y Combinator, Soma Capital and angel investors. Participation is not available to any self-employed person, partner or sole proprietor.įor further health and welfare questions, please email: International Health Fund When this booklet refers to "you", it assumes that you are an employee covered by this Plan. You are covered by the Health Plan if you are an employee working under a collective bargaining agreement between an employer and the Union providing for contributions to this Fund. Treasury has advised that the Fund is exempt from Federal income taxes under provisions of Section 501(c)(9). The Trust Fund is separate from, and not a part of, the International Union or any employers' association. The Bricklayers and Allied Craftworkers International Health Fund is administered by a Board of Trustees consisting of an equal number of representatives of the Union and an equal number of representatives of the employers. It is financed by employer contributions established in collective bargaining agreements between the Union and employers participating in the International Health Fund (IHF). The Bricklayers and Allied Craftworkers International Health Fund was established in 1988 by the International Union of Bricklayers and Allied Craftworkers and various Contractor Associations. IMI/IMTEF Maternity Benefit and Childcare Discount.
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