Tranglo and Lulu team up for cross-border payments
Tranglo and Lulu Money announce a cross-border payments partnership. Tranglo currently processes 80% of payments in real time. LuLu Financial Holdings operates the Digit9 platform, an API-first model for remittances-as-a-service. Jacky Lee, CEO of Tranglo Group, explained that Lulu is responsible for connecting end users, and this partnership will shorten the remittance time. Richard Wason, CEO of Lulu Financial, said the partnership will allow Tranglo to benefit from its extensive network while strengthening its payment infrastructure connecting various corridors.
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