Tagged: worldremit

July 4, 2019 @ 10:23 am By JD Alois  |  

The UK has been a hotbed of Fintech innovation for years now. The one-two punch of a creative financial services industry combined with a world-leading regulatory approach have joined to create a robust ecosystem of Fintech development. Of course, none of this would take place… Read More

June 3, 2019 @ 8:27 am By Samantha Hurst  |  

WorldRemit, a UK based Fintech in the digital money transfer sector, announced on Monday it secured $175 million through its Series D funding round, which was led by existing investors TCV, Accel and Leapfrog Investments. Founded in 2010, WorldRemit describes itself as a global lead-in… Read More

May 1, 2019 @ 1:36 pm By Samantha Hurst  |  

WorldRemit, a UK based Fintech in the digital money transfer sector, announced on Tuesday it has joined forces with MCB Bank (MCB) for digital money transfers to Pakistan. WorldRemit reported that transactions to Pakistan through its website and app grew by 75% in 2018, driven by… Read More

November 27, 2018 @ 2:12 pm By Samantha Hurst  |  

WorldRemit, a UK based Fintech in the digital money transfer sector, announced on Tuesday it has formed a partnership with BRAC Bank and bKash for banking and mobile money transfers to Bangladesh. WorldRemit reported that the partnership will considerably expand its footprint in Bangladesh and supports its… Read More

November 14, 2018 @ 3:52 pm By Samantha Hurst  |  

WorldRemit, a UK based Fintech in the digital money transfer sector, announced on Wednesday it has appointed Daniel Canning as its first North America Commercial Director. According to WorldRemit, Canning will lead the company’s North America commercial activity at a time of rapid expansion. It was… Read More

September 18, 2018 @ 8:48 am By JD Alois  |  

WorldRemit, a UK based Fintech in the digital money transfer sector, has integrated with WhatsApp – one of the most popular messaging services in the world. WorldRemit says that customers in over 145 countries may now receive WhatsApp notifications about their money transfers in real… Read More

September 4, 2018 @ 11:52 am By Samantha Hurst  |  

International money transfer service WorldRemit announced on Tuesday it is launching a new digital service within Africa. According to WorldRemit, the service will make it easier to send and receive money across the continent and will also reduce the cost of sending money across borders. WorldRemit… Read More

June 5, 2018 @ 9:44 am By Samantha Hurst  |  

International money transfer service WorldRemit announced on Tuesday it has formed a new partnership with First Bank of Nigeria Limited (First Bank) for instant money transfers to all First Bank accounts in Nigeria. According to WorldRemit, the collaboration considerably expands WorldRemit’s footprint in the country and allows… Read More

March 1, 2018 @ 1:00 pm By Samantha Hurst  |  

International money transfer service WorldRemit announced on Thursday it has launched its services in New York, targeting the state’s 4.5 million immigrants with its fast, low-cost service. According to the company, customers can easily make international transfers of 147 countries around the world through its smartphone… Read More

December 7, 2017 @ 10:58 am By Samantha Hurst  |  

Digital money transfer service WorldRemit announced on Thursday it has raised $40 million through its Series C Funding Round, which was led by LeapFrog Investments, with significant participation from existing investors Accel and TCV. WorldRemit revealed that it handles a growing share of the $600 billion… Read More

November 3, 2017 @ 7:17 am By JD Alois  |  

Mobile first digital money transfer service WorldRemit has launched instant money transfers to Hungary. The new service lets anyone in over 50 countries send remittances directly to bank accounts in Hungary in a safe, quick and convenient way, using the WorldRemit app or website. WorldRemit’s digital model allows migrants… Read More

September 29, 2017 @ 11:37 am By Samantha Hurst  |  

Digital money transfer company WorldRemit announced on Friday it has expanded its partnership with Wafacash, a subsidiary of Attijariwafa Bank, to offer instant money transfer services across west and central Africa. According to WorldRemit, the companies already work together in Morocco and Senegal but will expand into… Read More

May 18, 2017 @ 3:32 pm By JD Alois  |  

WorldRemit, a digital money transfer platform, says business is booming. In an update, WorldRemit said it is now facilitating more than 600,000 transactions a month, from over 50 countries to 140+ destinations. Payments and transfers is fast growing sector of Fintech. WorlRemit targets an immigrant… Read More

April 27, 2017 @ 9:31 am By Samantha Hurst  |  

Digital money transfer service WorldRemit announced on Thursday it has formed a partnership with Millicom’s subsidiaries Tigo Money to open up new remittance routes to El Salvador and Guatemala. This new collaboration will notably enable Salvadorans and  Guatemalans abroad to send money transfers instantly to… Read More

March 27, 2017 @ 12:06 pm By Samantha Hurst  |  

WorldRemit, announced on Monday it is launching its online money transfer services in Japan. This news comes less than a week after the company announced its launch in Hawaii and customers in Japan will now be able to send money to family and friends worldwide, using… Read More

March 24, 2017 @ 4:24 pm By Samantha Hurst  |  

Digital money transfer service, WorldRemit, announced on Friday it has partnered with East and Central Africa bank, KCB, to create a new instant option to send remittance to Kenya. According to the company, the partnership aims to support the growing demand for instant, digital remittances among… Read More

March 21, 2017 @ 11:39 am By Samantha Hurst  |  

Digital money transfer service, WorldRemit, announced on Tuesday it has expanded in North American by launching in Hawaii. The company’s Hawaiian customers may now send money to over 140 destinations as easily as sending an instant message, using the WorldRemit smartphone app or website. According to… Read More

February 21, 2017 @ 3:14 pm By Samantha Hurst  |  

Digital money transfer service, WorldRemit, announced on Monday it is consolidating its expansion into Tanzania and also stated it hit a new record of 10,000 transactions completed in the month of December 2016 alone. The company also reported 150% YoY growth in 2016, driven primarily by the rapid expansion… Read More

February 7, 2017 @ 9:53 am By Samantha Hurst  |  

Digital money transfer service WorldRemit announced on Tuesday it teamed up with payment system CONTACT to launch instant money transfers in Ukraine, Armenia, Belarus, and Kazakhstan. According to WorldRemit, customers from more than 50 countries can use its app or website to send instant, secure money transfers to… Read More

December 21, 2016 @ 3:23 pm By Samantha Hurst  |  

WorldRemit’s expansion plans continue. Less than a week after announcing it was expanding into Russia, Ethiopia, Uganda, Western/Central Africa and Pakistan, the digital money transfer service announced it was launching a new cash pick up service in Lebanon. Through its app or website, WorldRemit’s users in more… Read More