Money transfer service WorldRemit in a recent press statement to us,has raised $45m in financing from TriplePoint Venture Growth BDC Corp and Silicon Valley Bank. Pioneering a mobile-first approach to remittances,WorldRemit will use the funds to support its rapidly growing transfer volumes.The WorldRemit app lets people send money straight from their smartphone, instead of having to…
A press release reaching us today states that WorldRemit,a global money transfer app, today introduced instant transfers to Nigeria. In addition to its same-day bank transfer service, WorldRemit now allows people to send money to more than 140 cash pickup locations in Nigeria, instantly. People in more than 50 countries can use the app to send…
Editor’s note:This article contributed by Alix Murphy of WorldRemit gives insight into opportunities around Mobile money,FinTech and financial inclusion for 2016 The Top 3 Predictions for FinTech, Mobile Money and Financial Inclusion in 2016 are: 1. Financial inclusion will mean big business. Making serious money and reaching the unbanked have not always gone hand-in-hand. We’re…