Tech Company Financing Transactions
WorldRemit Funding Round
WorldRemit, based in Denver, secured $45 million in funding from BDC Venture Capital, Silicon Valley Bank and TriplePoint Capital.
Transaction Overview
Company Name
Announced On
2/11/2016
Transaction Type
Venture Equity
Amount
$45,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Pioneering a mobile-first approach to remittances, WorldRemit will use the funds to support its rapidly growing transfer volumes.
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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