WorldRemit
Sign in to saveWorldRemit is a digital cross border remittance business that provides international money transfer and remittance services in more than 130 countries and over 70 currencies. It was founded in 2010 by Ismail Ahmed, Catherine Wines, and Richard Igoe. It is owned by Zepz, which also owns Sendwave.
~4 min read
Encyclopedic overview
5 sectionsContents
- History
- Operations
- Funding
- Sanctions for illegal practices with Sendwave app
- References
WorldRemit is a digital cross border remittance business that provides international money transfer and remittance services in more than 130 countries and over 70 currencies. It was founded in 2010 by Ismail Ahmed, Catherine Wines, and Richard Igoe. It is owned by Zepz, which also owns Sendwave.
== History == WorldRemit was founded in 2010 by Ismail Ahmed, a former compliance advisor to the United Nations Development Programme, Catherine Wines and Richard Igoe. In October 2018, the company announced that they would be bringing in Breon Corcoran as CEO. In 2021, WorldRemit acquired Sendwave, another cross-border digital payments company. Zepz was created as the group business housing both the WorldRemit and SendWave brands and businesses. Breon Corcoran left the organization in August 2022, when Mark Lenhard, former COO of Bill.com, was appointed Group CEO of Zepz.
Excerpted from Wikipedia’s “WorldRemit” article, available under the CC BY-SA 4.0 licence.