8 years ago

WorldRemit Secures $40 Million in Series C Funding Led by LeapFrog Investments

  • WorldRemit, a London-based digital money transfer service, has raised $40 million in Series C funding led by LeapFrog Investments, with participation from existing investors Accel and TCV

  • The company plans to use the funds to improve its service and expand its product offerings globally, with a focus on Japan, Indonesia, and the Nordics

  • WorldRemit provides a platform for sending money from over 50 countries to 148 destinations, and is a leader in international transfers to mobile money accounts.

      • ProblemFinancial Services

      "making money transfers easier and more accessible"

      Solution

      "WorldRemit provides a digital money transfer platform that allows users to send money from over 50 countries to 148 destinations"

      Covered on