Based Money Transfer Service Worldremit Raises

Money transfers to Africa account for more than half of WorldRemit’s total volume of transactions. The company currently handles 74% of remittances to popular mobile money services across Africa like MTN, Ecocash, Tigo Pesa, Vodafone M-Pesa and Airtel Money, making it the global leader in mobile-to-mobile international money transfers.

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7 Dec 2017.

London, 7 December 2017: Leading digital money transfer service WorldRemit has raised $40 million to drive its next phase of growth,

WorldRemit raises $40 million to push its money transfer service into new marketsWorldRemit is an online money transfer service that provides international remittance services.

own frustrating experience of sending money to relatives in Somaliland using offline, agent-based services.

In 2019, WorldRemit raised a $175 million Series D funding round, led by TCV, Accel and Leapfrog Investments.

The company notified me of the cancellation and offered either a credit for rebooking or a full refund that would have.

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17/02/2015  · WorldRemit, a UK-based startup that is going after the Western Unions and MoneyGrams of the world with a commission-beating online and mobile remittance service, has.

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WorldRemit Raises $100m Funding round to Drive Global Growth. Online money transfer service WorldRemit today announced that it has raised $100m in a Series B funding round led by Technology Crossover Ventures (TCV), with participation from existing investor Accel Partners.

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3 Jun 2019.

WorldRemit raises $175M at $900M+ valuation to help users send money to.

has built a business targeting money transfers into emerging markets has raised a.

The company has to date focused on providing remittance services to.

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3 Jun 2019.

Its international money transfer and cashless remittance services facilitates payments from 50 “sending” countries to 150 “receiving” countries.

WorldRemit, a London, UK-based money transfer service, raised $45m in financing. Backers included TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) and Silicon Valley Bank. The company, which has.

7 Dec 2017.

Series C funding round brings the total amount raised to $220m.

Most importantly, the new service will make sending money within Africa.

a UK- based entrepreneur from Somaliland, Ismail Ahmed, a remittance specialist.