Worldremit news and trends

Zepz Raises $267 Million to Grow Global Cross-Border Remittance Solutions

October 07, 2024
Zepz, WorldRemit, Sendwave, remittances
Money Transfer Service Zepz Cuts 2% of Staff
Business // November 30, 2023

British money transfer firm Zepz has reportedly made another round of job cuts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

CFO: Stay Vigilant About Costs and Churn — Even When Things Look OK
CFO // November 22, 2022

With migrant workers consistently sending money home, the business of remittances tends to be more resilient than most during tough economic times.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

WorldRemit Parent Zepz Reportedly Shelves IPO Plans to Focus on Profits
IPO // July 13, 2022

Global money transfer startup Zepz, the parent company of WorldRemit, is reportedly putting its planned initial public offering (IPO) on hold while it focuses on profitability amid management turnover and alleged account issues.  Get the Full Story Complete the form to unlock this article and...

WorldRemit Hits $5B Valuation, Rebrands As Zepz
Investments // August 23, 2021

The digital cross-border payment platform Zepz — formerly WorldRemit — became a $5 billion company on Monday (Aug. 23) after raising $292 million in new primary Series E financing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Quick Reads
Zepz Raises $267 Million to Grow Global Cross-Border Remittance Solutions

October 07, 2024
Zepz has raised $267 million in a Series F funding round to continue growing its global cross-border remittance solutions, WorldRemit and Sendwave. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By […]

Money Transfer Service Zepz Cuts 2% of Staff

November 30, 2023
British money transfer firm Zepz has reportedly made another round of job cuts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

WorldRemit Parent Zepz Reportedly Shelves IPO Plans to Focus on Profits

July 13, 2022
Global money transfer startup Zepz, the parent company of WorldRemit, is reportedly putting its planned initial public offering (IPO) on hold while it focuses on profitability amid management turnover and...

WorldRemit Hits $5B Valuation, Rebrands As Zepz

August 23, 2021
The digital cross-border payment platform Zepz — formerly WorldRemit — became a $5 billion company on Monday (Aug. 23) after raising $292 million in new primary Series E financing. Get...