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Provider of an online digital money transfer platform intended to help people to send money to friends and family living abroad. The company's platform provides international transfers to mobile money account where a customer's phone numbers acts like a bank account to hold funds and transfer money using debit cards, credit cards and local payment methods, enabling users to send money easily and securely with guaranteed exchange rates and low processing fees. WorldRemit is owned by fintech unicorn Zepz.
Last updated
In 2024, WorldRemit (Zepz)'s revenue reached $478M. The company previously reported $371M in 2023. Since its launch in 2010, WorldRemit (Zepz) has shown consistent revenue growth.
WorldRemit (Zepz) reached a $1.5B valuation in 2019.
WorldRemit (Zepz) has raised $362.6M in total funding across 9 rounds, with its most recent round in 2019.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2019 | Funding round | $175M | - | - | |
| 2019 | Funding round |
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WorldRemit (Zepz) serves 2M customers.
WorldRemit (Zepz) employs approximately 674 people as of 2026, up from 633 in 2023, including 19 sales reps that carry a quota. It serves 2M customers that rely on its solutions.
WorldRemit (Zepz) generates an estimated $478M in annual revenue.
WorldRemit (Zepz) was founded by Mark Lenhard.
The CEO of WorldRemit (Zepz) is Mark Lenhard.
WorldRemit (Zepz) raised $362.6M across 9 rounds.
WorldRemit (Zepz) has 674 employees.
WorldRemit (Zepz) is headquartered in London, England, United Kingdom.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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Valuation
$1.5B
2024 Revenue
$478M(Est.)
Customers
2M
Funding
$362.6M
Avg ACV
$239
Team
674
Founded
2010
| Year | Milestone | Source |
|---|---|---|
| 2024 | WorldRemit (Zepz) Hit $478m revenue in October 2024 | Estimated |
| 2023 | WorldRemit (Zepz) Hit $371m revenue in December 2023 | Estimated |
| 2021 | WorldRemit (Zepz) Hit $399m revenue in December 2021 | |
| 2020 | WorldRemit (Zepz) Hit $238m revenue in December 2020 | |
| 2018 | WorldRemit (Zepz) Hit $121.5m revenue in December 2018 | |
| 2017 | WorldRemit (Zepz) Hit $85.6m revenue in December 2017 | |
| 2010 | Launched with $0 revenue |
| - |
| $1.5B |
| - |
| 2017 | Funding round | $40M | - | - |
| 2015 | Funding round | $100M | - | - |
| 2014 | Funding round | $40M | - | - |
| 2013 | Funding round | $1.6M | - | - |
| 2013 | Funding round | $2.1M | - | - |
| 2012 | Funding round | $1.3M | - | - |
| 2011 | Funding round | $2.1M | - | - |
| 2010 | Funding round | $546K | - | - |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 674 employees (October 2024) | |
| 2023 | Reached 633 employees (December 2023) | |
| 2023 | Reached 1K employees (July 2023) | |
| 2021 | Reached 816 employees (April 2021) |
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