Wednesday, January 17, 2018
Tags WorldRemit

Tag: WorldRemit

WorldRemit nets $40m Series C led by LeapFrog

Digital money transfer company WorldRemit has netted $40m in its Series C fundraise, which was led by LeapFrog Investments. Read more: fintech.global

World Remit’s US business is growing 250% a year

WorldRemit said it is now facilitating more than 600,000 transactions a month, from over 50 countries to 140+ destinations. Read more: fintechranking.com

Refugee turned FinTech chief aims to upend a $444bn market

Refugee, economist, whistle-blower, entrepreneur -- Ismail Ahmed has played many roles in his odyssey from war-torn Somalia to London’s FinTech frontier. Read more: www.bloomberg.com

WorldRemit partners Wafacash for money transfers to Morocco

Digital money transfer service WorldRemit has partnered with leading Moroccan financial company Wafacash. Read more: www.finextra.com

WorldRemit Africa revenue to double by 2020 on mobile money

WorldRemit, a British money-transfer operator, sees revenue from transactions involving Africans doubling by 2020. Read more: www.bloomberg.com

WorldRemit launches online money transfers in Japan

WorldRemit, the leading online money transfer business, has launched in Japan. Read more: www.businesswire.com

More cash for European VC as Project A raises €180m

The capital is split into €140m for the firm’s second VC fund and a separate €40m vehicle dedicated to making follow-up investments in its portfolio companies. Read more: www.fintechroundup.com

WorldRemit announces Lebanon expansion

WorldRemit, the digital money transfer service, announced it was launching a new cash pick up service in Lebanon. Read more: www.crowdfundinsider.com

WorldRemit and Xpress Money launch instant money transfers

Through Xpress Money’s agent partner network, WorldRemit, customers will be able to make instant money transfers to be collected at over 9,500 cash pick-up locations in Pakistan. Read more: www.bankingtech.com

Remittances are driving financial inclusion thanks to mobile

The World Bank estimates remittances to be a $600bn industry. Somaliland-born founder of WorldRemit, Ismail Ahmed, believes it could be worth a lot more. Read more: www.fintechroundup.com