News Articles

WorldRemit Identifies Top 20 Migrant Moments of 2020 LONDON -Sunday 20 December 2020

(BUSINESS WIRE)-- Today, WorldRemit, a leading cross-border payments company, celebrates International Migrants Day by announcing its list of the top 20 Migrant Moments of 2020. This list features developments which have had significant impacts on communities across the world. From the first...

WorldRemit Delivers USD Bank Transfers to Nigeria in Time for Christmas -Tuesday 15 December 2020

(BUSINESS WIRE) -- WorldRemit, a cross-border digital payments service, today launched a service for customers in Nigeria to receive international transfers in their bank accounts in USD ahead of the Christmas celebrations. This further demonstrates WorldRemit’s ongoing commitment to...

WorldRemit Launches Holiday Season Promotion to Help Filipino Beneficiaries Build a Dream Business -Wednesday 9 December 2020

(BUSINESS WIRE) -- WorldRemit, a leading digital cross-border payments business, is launching a promotion to help customers celebrate the holiday season and build a dream business for a loved one in the Philippines. From November 1st until December 31st, 2020 customers can enter the promotion...

WorldRemit Leads the Way Offering a USD Payout Option in Nigeria -Saturday 5 December 2020

(BUSINESS WIRE)-- WorldRemit, a leading digital cross-border payments business has announced that its customers in Nigeria can now receive remittances in foreign currency (USD) through its cash pick up providers. Following the announcement of the Central Bank of Nigeria (CBN) a day before,...

WorldRemit Sees Remittances to Zimbabwe Double in Six Months and Introduces New Retail Partnership With OK Zimbabwe -Thursday 22 October 2020

(BUSINESS WIRE)-- Earlier this year, the World Bank forecasted that in the wake of the Covid-19 economic crisis, remittance flows to Sub Saharan Africa would fall by 23.1%. However today, WorldRemit, the global online money transfer service has reported that the demand for their remittance...

Mukuru and WorldRemit Partner to Further Expand Remittance Service into Southern Africa -Monday 5 October 2020

(BUSINESS WIRE)-- Mukuru and WorldRemit today announced a deepening of their existing partnership. Having initially launched the alliance in Zimbabwe, the two companies aim to expand their collaboration for cash remittances into Zambia, South Africa, Mozambique, Malawi and Botswana. This is an...

WorldRemit to Acquire Sendwave -Wednesday 26 August 2020  

(BUSINESS WIRE) -- Today digital, global cross-border payments company WorldRemit announced it has agreed to acquire Sendwave, a rapidly growing app-based remittance company in a cash and stock transaction that is expected to close, subject to licensing and regulatory approvals, in Q4...

WorldRemit Partners With Mukuru to Fortify Remittances and Expand Cash Pick up Network in Zimbabwe -Wednesday 10 June 2020

(BUSINESS WIRE) -- WorldRemit, the global online money transfer service has announced a partnership with Mukuru, one of Africa’s largest remittance providers to broaden options for cash pick up in Zimbabwe. The partnership will be instrumental in bringing world-class financial services to...

How The Hardworking Diaspora Are Supporting The Zimbabwean Economy -Wednesday 5 February 2020  

(BUSINESS WIRE)-- WorldRemit, the market-leading money transfer provider, has revealed that Zimbabwe was one of the top five recipient countries in Africa for remittances in 2019, and continues to grow rapidly. The other African countries who received the most remittances in 2019 were Ghana,...

WorldRemit Partners with Wizall Money to Launch its First Mobile Money Transfer Service to Senegal -Monday 27 January 2020  

(BUSINESS WIRE) -- Leading online money transfer company WorldRemit has joined forces with Wizall Money to launch its first mobile money transfer service to Senegal. WorldRemit saves the Senegalese community living abroad time and money as they do not have to visit a traditional money...

Forty Three Percent Growth in Remittances to Africa in 2019 -Friday 24 January 2020  

(BUSINESS WIRE)-- Leading mobile payments company WorldRemit saw a 43% growth in remittances to Africa from higher income nations in 2019. The top five countries receiving remittances from the diaspora in 2019 included, Ghana, Kenya, Uganda, Zimbabwe, with Nigeria receiving the most...

WorldRemit Raises $40m and Targets Egypt Expansion -Monday 11 December 2017

(BUSINESS WIRE)-- Leading digital money transfer service WorldRemit has raised $40 million to drive its next phase of global growth, including an expansion of its Egypt operation. WorldRemit handles a growing share of the $600 billion remittance market. Within that market, Egypt is a key...

Kenyan Diaspora Sends One Million Money Transfers With WorldRemit -Wednesday 27 July 2016

(BUSINESS WIRE)-- Kenyans living abroad have now sent one million money transfers with WorldRemit. With the WorldRemit app or website, the diaspora can send safe, instant transfers to Kenya at the touch of a button. Mobile Money has played a key role in the popularity of WorldRemit money...

WorldRemit allows instant overseas transfers to MTN Mobile Money in Cote D’Ivoire -Thursday 2 June 2016  

(BUSINESS WIRE)-- Digital money transfer service WorldRemit – the UK’s fastest-growing technology firm1 – and MTN Cote D’Ivoire have launched instant international remittances to MTN Mobile Money wallets in Cote D’Ivoire. With the WorldRemit app, the Ivorian diaspora can now send...

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