Tech Company Financing Transactions
WorldRemit Funding Round
On 12/8/2017, WorldRemit raised $40 million in Series C funding from Leapfrog Ventures, Accel Partners and TCV.
Transaction Overview
Company Name
Announced On
12/8/2017
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series C
Investors
Proceeds Purpose
The funding will be used to expand WorldRemit's mobile-first, digital service into new markets, and deepen investment in existing markets, such as the United States.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
600 17th St. 200S
Denver, CO 80202
USA
Denver, CO 80202
USA
Phone
Website
Email Address
Not Recorded
Overview
WorldRemit is an online service that lets people send money to friends and family living abroad, using a computer, smartphone or tablet. It is a convenient, low-cost alternative to traditional money transfer companies that use high street agents and charge unreasonable fees.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Breon Corcoran
Chief Financial Officer
Andras Mecser
Chief Marketing Officer
Alex O'Shaughnessy
Chief Technical Officer
Mark Watson
VP - Bus. Development
Tamer El-Emary
VP - Human Resources
Adriana Marques
VP - Product Management
Alice Newton-Rex
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