VentureBeat

Updated: Xoom, the money transfer company, gets a little money of its own: $25M from Sequoia

[Editor's note: Updated with quotes from Xoom's chief executive John Kunze.] Money transfer company Xoom received a $25 million round of funding today, according to a Form D filed with the SEC. The ...
Crowdfund Insider

Stablecoin PayPal USD Enabled by Xoom as Funding Option for Cross-Border Money Transfers

Xoom, PayPal‘s (NASDAQ: PYPL) cross-border money transfer service, announced that U.S. users now have the option to fund money transfers to friends and family abroad using USD converted from PayPal ...
Insider Monkey

The Western Union Company (WU), Moneygram International Inc (MGI), Xoom Corp (XOOM): This Global Money Transfer Leader Is Really a Buy

A new player in the sector is Xoom Corp (NASDAQ:XOOM), which focuses mainly on digital C2C international money transfer, operating in 30 countries. Like Western Union and MoneyGram, Xoom Corp ...
American Banker

Xoom Adds a Fund-Transfer Model That Delays Withdrawals

Global money transfer company Xoom is launching Pay Only When Received (POWR), a model through which the company does not withdraw money from a sender's bank account until the funds reach the ...
PE Hub

PayPal to buy digital money transfer provider Xoom: Reuters

(Reuters) — PayPal Inc said it would buy digital money transfer provider Xoom Corp (XOOM.O) for $890 million as it muscles into a growing international remittance market and expand in countries like ...