remittances
Remittances from workers in the U.S. to their families and friends in Latin America amounted to $155 billion in 2023. With such a huge opportunity, banks, money transfer companies, retailers,…
Are remittance payments really ripe for crypto disruption? And can DeFi help what a16z’s state of crypto report calls the “huge part of the world [ … ] underserved by…
Taptap Send raises $65M to build cross-border remittances focused on the most underserved markets
Cross-border remittances — when people living and working abroad send money back home to friends and family — continues to be a huge part of how those living in developing…
Taptap Send gets $13.4M for a no-fee money transfer service aimed at price-conscious emerging market users
Remittances — specifically when people in developed countries send money to family or friends in emerging markets — continue to be a huge lever to help those in more challenging…
Remittances — when people send money internationally to family and friends, or as a payment — has long been one of the most important levers for getting funds to people…
WorldRemit raises $175M at $900M+ valuation to help users send money to contacts in emerging markets
The value of remittances globally continues to rise, and today a startup that has built a business targeting money transfers into emerging markets has raised a large round of growth…
International remittances continues to be one of the biggest financial services in developing countries, with $450 billion getting sent from countries like the U.S. to emerging markets in 2017 alone, according…
AndroidPay, Google’s wallet for Android devices, is getting a boost in its global profile and functionality today: WorldRemit, the $500 million remittance startup connected to around 120 million mobile money…
Remitly, a startup co-founded and led by a former executive of Barclays who saw a gap in the market to build money transfer and other financial services for emerging markets and…
Remitly raises $38.5M more to take on Western Union, passes $1b transferred annually
Remittances are a huge business, with $582 billion transferred in 2015 and $432 billion of that sent specifically to emerging markets, according to the World Bank. Today, one of the bigger startups in the field has raised some funds…
WorldRemit Gets $45M At A $500M Valuation To Grow Its Mobile Money Transfer Business
A year after raising $100 million, London-based startup WorldRemit has picked up more funding. To compete against the likes of Western Union in the world of money transfers — and tap a remittance market that…
WorldRemit, a UK-based startup that is going after the Western Unions and MoneyGrams of the world with a commission-beating online and mobile remittance service, has raised another $100 million —…
WorldRemit, a London-based startup that is tackling the antiquated consumer money wiring/remittance market with an easy and traceable online solution, has collected some money of its own: a $40 million…
Regalii Is Changing The Way People Send Money To Family Abroad, Using Mobile And Gift Cards
Regalii, a Battlefield finalist presenting today at TC Disrupt, has devised a way for people, via their mobile devices, to send remittances to their families abroad, which are received in…
