First Global Data Ltd FGBDF

First Global Data Ltd is a Canada-based company. The Company is a financial services technology (FINTECH) company. The Company enables its strategic partners and clients around the world through its financial services technology platform. Its technology drives the convergence of compliant domestic and cross-border payments, shopping, peer to peer, business to consumer and business to business payments. The Company's two lines of business includes mobile payments and cross-border payments. The Company's FINTECH solutions include FirstGlobalMoney, Happytransfer, Vpayqwik and Payqwik.

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First Global Data Ltd

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Post by banxon Apr 30, 2017 8:54am

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CULTIVATING GREAT PARTNERSHIPS WITH SMART FINTECH

April 24 news release:

Last year India received approximately $72-billion (U.S.) and is the largest remittance recipient in the world.

Andre Itwaru, chairman and chief executive officer, First Global, commented: "This is an incredible opportunity to exploit the Indian remittance segment. It is important to note that an enterprise can quickly double their user base because you have both a sender and a recipient in the remittance equation. Given the growing number of partnerships, we continue to accelerate our North American mobile launching efforts. These initiatives will serve to increase our user base, number of transactions and revenues."

Naushad Contractor, chief executive officer, Avenues Payments, added: "The deal with First Global enables us to expand our remittance reach and exponentially increase our top line. The Indian remittance market continues to dominate globally and we are looking to maximize our marketshare."

Avenues Payments India Private Limited: It offers a digital cross-border money transfer platform for both B2C and B2B segment. Its B2C solution RemitGuru.com is a 24x7x365 mobile and internet based option to send money from any bank account in the world to any other person’s bank account in another country. The B2B option offers platform as a white labelled solution for banks across the world. It was founded by Naushad Contractor.