Unite Global Receives Second Funding

Norway’s Unite Global AS, provider of the UNITE real-time global banking correspondent hub, has received a second $5.25 million cash injection from Swedish financial institution Svea Ekonomi AB. Svea is a strategic investor, alive to opportunity and active in the rapidly evolving payments space; read more at Fintech News

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WOCU Limited has entered into an agreement with Unite Global AS for the issuance of WOCU electronic currency from the UNITE system. Establishment of the UNITE system is the enabling event which will enable WOCU currency issuance into the established banking system.