Tech Company Financing Transactions

WorldRemit Funding Round

WorldRemit secured a $175 million Series D funding round on 6/4/2019. Investors included Accel Partners, Leapfrog Ventures and TCV.

Transaction Overview

Company Name
WorldRemit
Announced On
6/4/2019
Transaction Type
Venture Equity
Amount
$175,000,000
Round
Series D
Investors

Accel Partners (Lead Investor) (Harry Nelis)

Leapfrog Ventures (Lead Investor) (Stewart Langdon)

TCV (Lead Investor) (John Doran)

Proceeds Purpose
WorldRemit will use this new investment to further drive global growth and diversify the company's product offering for both money transfer senders and recipients.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
600 17th St. 200S
Denver, CO 80202
USA
Phone
(888) 961-4869
Website
www.worldremit.com
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
WorldRemit LinkedIn Company Profile
Social Media
WorldRemit Company Twitter Account
Company News
WorldRemit News
Facebook
WorldRemit on Facebook
YouTube
WorldRemit on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Breon Corcoran
  Breon Corcoran LinkedIn Profile  Breon Corcoran Twitter Account  Breon Corcoran News  Breon Corcoran on Facebook
Chief Financial Officer
Andras Mecser
  Andras Mecser LinkedIn Profile  Andras Mecser Twitter Account  Andras Mecser News  Andras Mecser on Facebook
Chief Marketing Officer
Alex O'Shaughnessy
  Alex O'Shaughnessy LinkedIn Profile  Alex O'Shaughnessy Twitter Account  Alex O'Shaughnessy News  Alex O'Shaughnessy on Facebook
Chief Technical Officer
Mark Watson
  Mark Watson LinkedIn Profile  Mark Watson Twitter Account  Mark Watson News  Mark Watson on Facebook
VP - Bus. Development
Tamer El-Emary
  Tamer El-Emary LinkedIn Profile  Tamer El-Emary Twitter Account  Tamer El-Emary News  Tamer El-Emary on Facebook
VP - Human Resources
Adriana Marques
  Adriana Marques LinkedIn Profile  Adriana Marques Twitter Account  Adriana Marques News  Adriana Marques on Facebook
VP - Product Management
Alice Newton-Rex
  Alice Newton-Rex LinkedIn Profile  Alice Newton-Rex Twitter Account  Alice Newton-Rex News  Alice Newton-Rex on Facebook

 

 

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