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General Information

Websiteworldremit.com
Twitter@worldremit
CategoryeCommerce
Phone442071485800
Employees35
Founded12/2009
DescriptionGlobal Online Money Transfer

Offices

People

CEO & Founder
CTO
COO
Chief Financial Officer
Boards of Directors
Director North America
Non-Executive Director
Chief Marketing Officer
Show All People

Funding

TOTAL $40M
FUNDING TOTAL $40M
Seed, 2010
$546k
Venture Round, 2011
$2.14M
Venture Round, 2012
$1.3M
Venture Round, 2013
$2.11M
Venture Round, 10/2013
$1.56M
Series A, 3/2014
Accel Partners
$40M

Competitors

Tags

WorldRemit

WorldRemit is an award-winning online money transfer business enabling migrants and expats to send money to family and friends in more than 100 receive countries using a variety of payment options including debit cards, credit cards and innovative local payment methods. With 35 send countries, WorldRemit is the world’s largest dedicated online remittances platform.

The service offers customers a wide range of pay-out options in receive countries including instant cash pickup, transfers to mobile wallets, bank deposits and international airtime top-up. WorldRemit uses a transparent pricing system with clearly displayed and guaranteed exchange rates giving the sender the freedom to decide how much to send and the peace of mind that comes from knowing exactly how much will be received.

Recent Milestones

  • Dollar
    WorldRemit received $40M in Series A funding. (3/11/14)
    Posted 3/11/14 at 8:37pm via techcrunch.com
  • Dollar
    WorldRemit received $1.56M in Venture Round funding. (10/1/13)
    Posted 1/16/14 at 3:47am
  • Dollar
    WorldRemit received $2.11M in Venture Round funding. (1/1/13)
    Posted 6/21/13 at 10:45am
  • Dollar
    WorldRemit received $1.3M in Venture Round funding. (1/1/12)
    Posted 3/11/14 at 2:12pm
  • Dollar
    WorldRemit received $2.14M in Venture Round funding. (1/1/11)
    Posted 6/21/13 at 10:45am
  • Dollar
    WorldRemit received $546k in Seed funding. (1/1/10)
    Posted 6/21/13 at 10:45am
  • Check
    WorldRemit added Ismail Ahmed as CEO & Founder. (12/22/09)
    Posted 6/21/13 at 10:45am

Videos

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Sources

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  6. Money Transfer Startup WorldRemit Collects Its First Investment, $40M From Accel (techcrunch.com) [edit]
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Last Edited 3/24/14

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