WorldRemit is a respected international money transfer company. As its name suggests, the company is focused on global remittances.
Based in Denver, Colorado, this online money transfer company offers services to senders across 150 countries, with 145+ receiving destinations in the Americas, Australia, Asia, Africa, and continental Europe.
The purpose of this company is to facilitate small and medium international money transfers between friends, family, and acquaintances in foreign countries. All of this can be accomplished by simply using a PC, Mac, iOS or Android device — a web or a mobile App version.
The company’s founder, Ismail Ahmed happened upon this concept while he was studying at a UK University. He wanted to transfer funds back to his native country in Africa but found many problems with bank transfers.
Besides for poor customer service, lengthy wait times and mounds of paperwork, the costs of bank transfers were simply untenable.
By 2015, WorldRemit had managed to secure a $140 million of venture investments and became a member of TechCity UK’s prestigious FutureFifty.
Despite this massive growth, no expense has been spared in delivering top-tier customer service and low-cost money transfers, resulting in over 3,000,000 happy customers and counting.