ThaiPR.NET https://www.thaipr.net/location/manila-philippines-and-san-francisco Press Release Distribution Center of Thailand Wed, 13 May 2026 17:26:02 +0700 hourly 1 https://wordpress.org/?v=6.1.1 <![CDATA[Velo Labs and iRemit partner to unlock $34B cross-border payment market in the Philippines]]> https://www.thaipr.net/en/finance_en/3176732 Tue, 05 Apr 2022 08:00:00 +0700 finance_en https://www.thaipr.net/en/finance_en/3176732 Velo Labs, a leading blockchain infrastructure company, and iRemit, the largest Filipino-owned, non-bank remittance service provider, have partnered to provide individuals and businesses access to improved cross-border payments using blockchain technology and Velo Digital Credits. An estimated 34 billion USD in remittances arrive into the Philippines each year and are currently subject to high fees, […]

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]]> <![CDATA[Velo Labs and PDAX open remittance corridor into the Philippines using the Stellar Network]]> https://www.thaipr.net/en/finance_en/3172079 Thu, 24 Mar 2022 13:00:00 +0700 finance_en https://www.thaipr.net/en/finance_en/3172079 Velo Labs and Philippine Digital Asset Exchange (PDAX) have signed an agreement to work together in bringing improved cross-border payments to the Philippines, using the transformational power of blockchain technology. Cross border payments in traditional financial systems are increasingly slow and expensive, requiring a number of intermediary institutions to settle transactions. With an estimated 34 […]

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