FinTech: Citi Acquires A Stake In Peruvian FX Fintech Rextie
Citi (NYSE: C), a global leader in foreign exchange (FX) markets, has strategically invested in Rextie, Peru’s leading fintech for FX services, marking a pivotal development in the financial landscape. This significant investment not only enhances Rextie’s prospects but also propels its clients’ experience with quicker services and highly competitive currency exchange rates, all powered by Citi’s cutting-edge FX technology. Rextie aims to expand its reach and services by seamlessly integrating Citi’s advanced FX capabilities.