The Red Cross in Denmark has entered into a new partnership with fintech company, Inpay, which offers solutions for international money transfers. The agreement means that the Red Cross saves several million Danish kroner annually, which can be used directly for humanitarian work. Inpay’s solution is based on a tech-enabled network of global financial institutions, making it safer, faster and more cost-effective to send money internationally than it has been historically. Transferring money abroad can often be slow, unreliable, and associated with high fees. This is also a challenge for…
Read MoreThe Red Cross and fintech company Inpay announce partnership to reach more countries for emergency aid funding
