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WorldRemit

Website

WorldRemit is an international money transfer service headquartered in London. Ismail Ahmed, Catherine Wines and Richard Igoe founded it in 2010. It belongs to the Zepz group, which also owns the Sendwave brand and builds financial products for migrant communities. WorldRemit states that it has 5.7 million customers and covers more than 130 countries.

Features

  • Sending from the website or app to bank accounts, mobile money wallets or cash pickup points
  • Coverage of more than 130 countries, with the payout options depending on the destination
  • Focus on remittances to family and friends abroad

Good to know

Available payout methods, fees and delivery times differ by country pair, so check the offer shown before paying. Zepz is backed by venture investors such as Accel, TCV and Leapfrog and by the International Finance Corporation. None of them holds a majority.