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
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African fintech OPay is reportedly raising $400M at over $1.5B valuation – TechCrunch
Chinese-backed and Africa-focused fintech platform OPay is in talks to raise up to $400 million, The Information reported today. The fundraising is coming two years after OPay announced two funding rounds in 2019 — $50 million in June and $120 million Series B in November. The $170 million ra…
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WorldRemit founder Ismail Ahmed launches $500m Somaliland fund
WorldRemit’s founder, chairman, and former CEO, Ismail Ahmed, has launched a new foundation fund to drive entrepreneurial development in Somaliland.
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Pakistani fintech SadaPay raises USD 7.2 million in country’s largest seed round | KrASIA
SadaPay aims to build a “neobank” for Pakistan.
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Exclusive: Pakistani fintech SadaPay raises $7.2 million in country's largest seed round
ShareTweetShareWhatsAppEmail0 SharesIslamabad-headquartered fintech SadaPay has raised $7.2 million in a seed round led by New York-based Recharge Capital. The financing is the largest-ever seed closed by a Pakistani startup. It includes participation of returning investor Kingsway Capital, Raptor Group, and notable fintech angels, including Ualá’s founder Pierpaolo Barbieri, Ribbit Capital’s Brian McGrath, former General Catalyst […]
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Check out the top FinTech deals that took place in February 2021 (UK & Europe) :
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Top 10 FinTech funding rounds - January 2021 (UK & Europe)
Check out the ten noteworthy European FinTech funding deals that took place in January 2021.
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11 months
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WorldRemit to acquire Sendwave
WorldRemit is to acquire Africa-focused remittance app Sendwave in a cash and stock transaction that will value the combined company at $1.5 billion.
Fintastico Team
11 months
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WorldRemit To Buy Sendwave Amid Remittance Surge | PYMNTS.com
WorldRemit, a digital cross-border payments company, has agreed to purchase Sendwave, which specializes in remittances. The transaction is based in cash and stock.
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11 months
https://www.crowdfundinsider.com/2020/08/165703...
WorldRemit Announces Acquisition of App-Based Remittance Company Sendwave
Global cross-border payments company WorldRemit announced on Tuesday it has agreed to acquire Sendwave, an app-based remittance company. According to WorldRemit, Sendwave has built a leading and rapidly growing digital remittance service to East and West Africa, and this summer added Bangladesh, which is its