WorldRemit is an online service that lets people send money to friends and family living abroad, using a computer, smartphone or tablet. It is a convenient, low-cost alternative to traditional money transfer companies that use high street agents and charge unreasonable fees.
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Discussion
Fintastico Team
9 hours, 42 minutes
https://thefintechtimes.com/uk-fintech-bullish/
UK Fintech Bullish Despite Political Uncertainty | The Fintech Times
The UK's fledgling FinTech sector is attracting investment at a record rate, with $2.9bn raised in the first six months of 2019.
Fintastico Team
2 weeks, 4 days
https://www.crowdfundinsider.com/2019/07/149129...
Report: Fintech Remains Prominent in UKs Biggest VC Rounds so far in 2019
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
Fintastico Team
2 weeks, 5 days
https://www.crowdfundinsider.com/2019/07/149129...
Report: Fintech Remains Prominent in UKs Biggest VC Rounds so far in 2019
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
Fintastico Team
1 month
https://www.entrepreneur.com/article/335541
3 Trends Happening to Fintech That You Should Know About
This year is going to end up being a great one for B2B payments and lending companies, and for bank-fintech partnership -- all benefiting business.
Fintastico Team
1 month
https://finance.yahoo.com/news/3-trends-happeni...
3 Trends Happening to Fintech That You Should Know About
This year is going to end up being a great one for B2B payments and lending companies, and for bank-fintech partnership -- all benefiting business.
Fintastico Team
1 month
http://www.spacedaily.com/afp/190620095030.1szb...
CORRECTED: In his remit: African fintech entrepreneur helps migrants move money
METATEXT
Fintastico Team
1 month
https://phys.org/news/2019-06-remit-african-fin...
In his remit: African fintech entrepreneur helps migrants move money
The money transfer business is personal for Ismail Ahmed. It was cash wired by his family that allowed him to make the final leg of his journey from escaping fighting in his native Somaliland to London in 1988 to take up a university scholarship.
Fintastico Team
1 month
https://news.yahoo.com/remit-african-fintech-en...
In his remit: African fintech entrepreneur helps migrants move money
The money transfer business is personal for Ismail Ahmed. Today, Ahmed leads WorldRemit, one of a handful of fintech firms that is upending the remittances business that has long been dominated by three US firms -- Western Union, MoneyGram and Ria -- as well as banks. Piggybacking on the development
Fintastico Team
1 month
https://www.france24.com/en/20190619-remit-afri...
In his remit: African fintech entrepreneur helps migrants move money
In his remit: African fintech entrepreneur helps migrants move money
Fintastico Team
1 month
https://www.cnbc.com/2019/06/18/amazon-and-goog...
How Amazon and Google are helping Western Union fight the multibillion-dollar fintech threat
Western Union has embraced the shift to digital transactions to help compete against the onslaught of rivals like TransferWise and WorldRemit, all vying for a piece of the $689 billion global remittance market.
Fintastico Team
1 month, 1 week
https://thefintechtimes.com/worldremit-launches/
WorldRemit Launches New Product for Business Payments to Nigeria | The Fintech Times
WorldRemit has launched WorldRemit for Business, a new service that enables small and medium-sized business owners to quickly pay employees
Fintastico Team
1 month, 1 week
https://kr-asia.com/across-asean-regulatory-san...
Across ASEAN, regulatory sandboxes are managing risk in fintech innovation – KrASIA
The region is gearing up towards a more integrated and regulated fintech innovation landscape.
Fintastico Team
1 month, 1 week
https://thefintechtimes.com/international-digit...
International Digital Remittances to Reach $525 Billion by 2024, as Traditional Players Face Fintech Challenge | The Fintech Times
New data from Juniper Research has found that international digital remittances will reach $525 billion by 2024, up from an estimated $332 in 2019.
Fintastico Team
1 month, 1 week
https://finance.yahoo.com/news/juniper-research...
Juniper Research: International Digital Remittances to Reach $525 Billion by 2024, as Traditional Players Face Fintech Challenge
New data from Juniper Research has found that international digital remittances will reach $525 billion by 2024, up from an estimated $332 in 2019. Meanwhile, blockchain-based payments have the potential to increase digital payments further, as the technology has a high possibility of disrupting
Fintastico Team
1 month, 2 weeks
https://www.bankingtech.com/2019/06/top-fintech...
Top fintech stories this week – 7 June 2019
The FCA introduces new rules for P2P platforms, while Tink secures investment from PayPal, and more!
Fintastico Team
1 month, 2 weeks
https://www.bankingtech.com/2019/06/top-fintech...
Top fintech stories this week – 7 June 2019
The FCA introduces new rules for P2P platforms, while Tink secures investment from PayPal, and more!
Fintastico Team
1 month, 2 weeks
https://www.bankingtech.com/2019/06/worldremit-...
WorldRemit drives growth with $175m funding
Diversification and a new SME product are on the cards.
Fintastico Team
1 month, 2 weeks
https://www.businessinsider.com/tencent-and-tem...
UK startup fintech TrueLayer just won funding from China's Tencent and Singaporean wealth fund Temasek
The $35 million funding round, which closed on Tuesday, is set to help fuel the company's expansion further into Europe and Asia.
Fintastico Team
1 month, 2 weeks
https://www.finextra.com/newsarticle/33924/tenc...
Tencent leads $40m investment in UK fintech
Chinese e-commerce giant Tencent is heading up a $40m financing round for UK-based startup TrueLayer, further adding to its growing portfolio of fintech investments.
Fintastico Team
1 month, 2 weeks
https://www.crowdfundinsider.com/2019/06/148007...
WorldRemit Secures $175 Million Through Series D Funding Round Led By TCV, Accel, & LeapFrog Investments
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
Fintastico Team
1 month, 2 weeks
https://www.finextra.com/newsarticle/33916/worl...
WorldRemit nets $175m in latest financing round
UK-based mobile payments firm WorldRemit has raised $175m in a series D funding round that it says will be used to launch a new payments business aimed at the small and medium enterprises (SME) sector.
Fintastico Team
1 month, 3 weeks
https://dailyfintech.com/2019/06/01/the-faceboo...
The Facebook GlobalCoin stablecoin won’t kill Bitcoin but many companies should be worried.
TLDR. Facebook’s move into crypto enabled payments has led to hyperbolic reactions that Bitcoin will be roadkill in front of their thundering truck. This post argues that we are nearing the end of …
Fintastico Team
2 months, 3 weeks
https://www.crowdfundinsider.com/2019/05/147006...
WorldRemit Forms Partnership With MCB Bank For Digital Money Transfer to Pakistan
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
Fintastico Team
2 months, 4 weeks
https://www.bankingtech.com/2019/04/worldremit-...
WorldRemit launches international transfers to UnionPay cards
It has been enabled by a partnership with Merchantrade.
Fintastico Team
4 months, 3 weeks
https://www.finextra.com/pressarticle/77461/lon...
London crowned Unicorn capital of Europe
London is top choice for international scale-up businesses, according to latest data compiled by London & Partners, showing that the UK capital is Europe’s number one tech hub for unicorn companies and attracted more foreign direct investment (FDI) than any other city in 2018.
Fintastico Team
8 months, 1 week
https://www.crowdfundinsider.com/2018/11/141319...
Money Transfer Service WorldRemit Appoints Daniel Canning As First North America Commercial Director
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
Fintastico Team
8 months, 1 week
https://www.finextra.com/pressarticle/76380/wor...
WorldRemit appoints Daniel Canning as first North America MD
Leading digital money transfer company WorldRemit has appointed Daniel Canning to the newly-created role of Managing Director for North America, effective immediately.
Fintastico Team
8 months, 2 weeks
https://dailyfintech.com/2018/11/09/africas-m-p...
Africa’s M-Pesa’s landmark deal with Western Union and their global ambitions
Image Source Africa’s poster child for financial inclusion, Safaricom’s M-Pesa, signed a landmark deal with Western Union earlier this week. The deal would give M-Pesa access to Western…
Fintastico Team
9 months
http://news.google.com/news/url?sa=t&fd=R&ct2=u...
Fintastico Team
9 months
https://www.finextra.com/pressarticle/76001/wor...
WorldRemit appoints Breon Corcoran as new CEO
Digital money transfer company, WorldRemit, has appointed the former CEO of the FTSE 100 company Paddy Power Betfair plc, Breon Corcoran, as its new chief executive.
Fintastico Team
10 months, 1 week
https://www.crowdfundinsider.com/2018/09/139131...
Money Transfer Fintech WorldRemit Integrates with WhatsApp
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
Fintastico Team
10 months, 1 week
https://www.finextra.com/pressarticle/75469/wor...
WorldRemit links up to WhatsApp for its remittance service
Leading digital money transfer company WorldRemit has added WhatsApp notifications to its service.
Fintastico Team
10 months, 2 weeks
https://thefintechtimes.com/worldremit-offers-d...
WorldRemit to Offer Digital Money Transfers in Sub-Saharan Africa | The Fintech Times
Leading international money transfer company WorldRemit has launched a new digital service within Africa, facilitating money transfers across the continent.
Fintastico Team
10 months, 3 weeks
https://www.pymnts.com/news/international/globa...
WorldRemit Rolls out Transfers Within Africa | PYMNTS.com
Welcome to The Axis, your late look at payments news from around the world. Coverage includes WorldRemit’s launch of digital money transfers within Africa. In addition, Philippine Veterans Bank will work with Fiserv to help with digital transformation, and Paytm Canada has updated its app to help customers collect and spend Paytm Points. WorldRemit has rolled out […]
Fintastico Team
10 months, 3 weeks
https://www.crowdfundinsider.com/2018/09/138600...
WorldRemit Launches Digital Money Transfer Services Within Africa
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
Fintastico Team
10 months, 3 weeks
https://www.finextra.com/pressarticle/75275/wor...
WorldRemit launches inter-African money transfer service
Leading international money transfer company WorldRemit has launched a new digital service within Africa, making it easier to send and receive money across the continent.
Fintastico Team
10 months, 3 weeks
https://www.finextra.com/pressarticle/75246/wor...
WorldRemit launches digital money transfers within Africa
Leading international money transfer company WorldRemit has launched a new digital service within Africa, making it easier to send and receive money across the continent.
Fintastico Team
11 months, 1 week
https://www.pymnts.com/news/international/globa...
Bambora Teams Up With Payworks To Reach SMEs | PYMNTS.com
Welcome to The Axis, your late look at payments news from around the world. Coverage includes WorldRemit’s partnership with Safaricom for money transfers to mobile money accounts in Kenya. In addition, Bambora is working with Payworks to introduce Bambora Connect, and Hong Kong-based The Bank of East Asia (BEA) has unveiled its i-Payment Hub. Bambora is teaming up […]
Fabrizio Villani
1 year, 6 months
WorldRemit raised $40m in Series C funding. The round, which brings the total amount raised to $220m, was led by LeapFrog Investments, with participation from existing investors Accel and TCV. The company intends to use the funds to to continue to improve its service, and scale its current product offering for customers in globally, with a main focus on Japan, Indonesia and Nordics. Founded in 2010 by Ismail Ahmed, a remittance specialist and former compliance advisor to the United Nations, WorldRemit provides a digital money transfer platform currently sending from over 50 countries to 148 destinations. The company is a global leader in international transfers to mobile money accounts – an emerging market technology where a customer’s phone numbers acts like a bank account to hold funds. In June 2017 WorldRemit added Android Pay to its service, offering a new way for WorldRemit’s Android Pay users to securely send money to 130 million mobile money accounts accessible via its network. The company has regional offices in the United States, Canada, South Africa, Japan, Singapore, the Philippines, Australia and New Zealand.