WorldRemit

WorldRemit is an online money transfer service that provides international remittance services. It was founded in 2010 by Ismail Ahmed, Catherine Wines, and Richard Igoe. As of 2018, WorldRemit had around 3 million users. Its primary competitors include Remitly and TransferWise.

Source: worldremit.com

Zepz Raises $267 Million to Grow Global Cross-Border Remittance Solutions
Zepz Raises $267 Million to Grow Global Cross-Border Remittance Solutions
October 07, 2024  |  Investments

Zepz has raised $267 million in a Series F funding round to continue growing its global cross-border remittance solutions, WorldRemit and Sendwave. “The Series F...

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Money Transfer Service Zepz Cuts 2% of Staff
Money Transfer Service Zepz Cuts 2% of Staff
November 30, 2023  |  Business

British money transfer firm Zepz has reportedly made another round of job cuts. The company, which owns remittance platforms WorldRemit and Sendwave, has laid off 30 workers, according to a CNBC report...

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CFO: Stay Vigilant About Costs and Churn — Even When Things Look OK
CFO: Stay Vigilant About Costs and Churn — Even When Things Look OK
November 22, 2022  |  CFO

With migrant workers consistently sending money home, the business of remittances tends to be more resilient than most during tough economic times.  Even so, Zepz...

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WorldRemit Parent Zepz Reportedly Shelves IPO Plans to Focus on Profits
WorldRemit Parent Zepz Reportedly Shelves IPO Plans to Focus on Profits
July 13, 2022  |  IPO

Global money transfer startup Zepz, the parent company of WorldRemit, is reportedly putting its planned initial public offering (IPO) on hold while it focuses on...

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WorldRemit Hits $5B Valuation, Rebrands As Zepz
WorldRemit Hits $5B Valuation, Rebrands As Zepz
August 23, 2021  |  Investments

The digital cross-border payment platform Zepz — formerly WorldRemit — became a $5 billion company on Monday (Aug. 23) after raising $292 million in new...

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WorldRemit Raising Funds Ahead of Possible IPO At $5B Valuation
WorldRemit Raising Funds Ahead of Possible IPO At $5B Valuation
August 20, 2021  |  Startups

The London-based money transfer startup WorldRemit is preparing to raise cash at a valuation of roughly $5 billion ahead of a potential initial public offering...

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Today In Payments Around The World: WorldRemit Introduces Tracking App; SBM Bank India Collaborates With Mastercard
Today In Payments Around The World: WorldRemit Introduces Tracking App; SBM Bank India Collaborates With...
September 16, 2020  |  International

In today’s top news in payments around the world, WorldRemit has launched a WorldRemit Transfer Tracker mobile app, and SBM Bank India has introduced a...

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WorldRemit Debuts App That Tracks Money Transfers
WorldRemit Debuts App That Tracks Money Transfers
September 15, 2020  |  Mobile Applications

Global digital payment company WorldRemit has launched the WorldRemit Transfer Tracker mobile app to help recipients track their remittances, according to a press release. The...

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Today In Payments Around The World: Visa’s Click To Pay Launches In Canada, Lonestar Cell Joins Forces With WordRemit For Mobile Remittances
Today In Payments Around The World: Visa’s Click To Pay Launches In Canada, Lonestar Cell...
September 15, 2020  |  News

In today’s top news in payments around the world, Visa Canada has launched Click to Pay in Canada, and Change Financial has agreed to buy...

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