US-based money transfer services provider Viamericas secures $113.6m in funding to expand its global remittance network. The funding was led by Old National Bank, with contributions from other banks, facilitated by FT Partners. CEO Paul Dwyer emphasizes the importance of delivering secure services for families worldwide. Viamericas’ network spans 95 countries, enabling payouts to over 300,000 locations and direct deposits to major banks and mobile wallets. The funding strengthens partnerships and accelerates the company’s mission of facilitating family connections and financial stability. Old National Bank praises Viamericas’ growth, innovation, and commitment to accessible financial services. Viamericas recently launched an open payment network in the Philippines to provide easier international money transfers for Filipinos in the US and Canada.

Read more at Yahoo Finance: Viamericas secures $113.6m to expand remittance network