WorldRemit Obtains $45,000,000 New Financing

  • Feed Type
  • Date
    2/11/2016
  • Company Name
    WorldRemit
  • Mailing Address
    600 17th Street Denver, CO 80202 USA
  • Company Description
    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.
  • Website
    http://www.worldremit.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $45,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Pioneering a mobile-first approach to remittances, WorldRemit will use the funds to support its rapidly growing transfer volumes.
  • M&A Terms
  • Venture Investor
  • Venture Investor
  • Venture Investor