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DateInvestorsAmountRound
-

N/A

-
N/A

$550k

Seed
N/A

$2.1m

Early VC
N/A

$1.3m

Early VC
N/A

$2.1m

Early VC
N/A

$1.6m

Early VC

$40.0m

Series A
*

$100m

Series B

$45.0m

Valuation: $455m

Debt

£30.0k

-
*

$40.0m

Valuation: $668m

Series C
*

$175m

Valuation: $900m

Series D

$292m

Valuation: $5.0b

Series E
*

$267m

Growth Equity VC
Total Funding$922m

Financials

Estimates*

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Revenues, earnings & profits over time
GBP2016201720182019202020212022
Revenues0000000000000000000000000000
% growth53 %39 %50 %(5 %)47 %29 %158 %
EBITDA0000000000000000000000000000
% EBITDA margin(27 %)(22 %)50 %(45 %)(31 %)(49 %)-
Profit0000000000000000000000000000
% profit margin(37 %)(35 %)(52 %)(61 %)(9 %)(62 %)-
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000

Source: Company filings or news article

More about WorldRemit
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WorldRemit is a financial technology company specializing in international money transfers. It serves individuals who need to send money across borders quickly and securely. Operating in a global market, WorldRemit offers a digital platform that allows users to transfer funds to over 130 countries. The business model is based on transaction fees and foreign exchange margins, making money by charging a small fee per transfer and earning from currency conversion rates. The company provides a user-friendly mobile app and website, ensuring that customers can track their payments and view transfer history from anywhere. WorldRemit is licensed as a Money Transmitter in various states in the USA and complies with international financial regulations to ensure the safety and security of transactions. The company targets expatriates, migrant workers, and anyone needing to send money internationally, offering competitive rates and 24/7 customer support.

Keywords: international money transfer, digital platform, remittances, secure transactions, low-cost, global market, mobile app, foreign exchange, financial technology, customer support.

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Investments by WorldRemit

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Sendwave
ACQUISITION by WorldRemit Aug 2020