WorldRemit Phone Number: WorldRemit is a digital cross-border remittance company that offers remittance services and international money transfers in more than 70 currencies and over 130 countries. Richard Igoe, Catherine Wines, and Ismail Ahmed launched it in 2010.
| Name | WorldRemit |
| Founded | 2010 |
| Phone Number | +63 285 4000 31 |
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| Official Website | Click here to visit |
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Contents
History
WorldRemit Phone Number: Ismail Ahmed, who previously worked as a compliance expert for the UNDP, created WorldRemit in 2010. The company declared in October 2018. He would be leaving his position as executive chairman and Breon Corcoran would be joining the company as CEO. After WorldRemit acquired SendWave under his guidance, Zepz was founded as the group company currently in charge of the WorldRemit and SendWave trademarks and operations. Following Mark Lenhard’s appointment as Group CEO of Zepz in August 2022 previously COO of Bill. Com Breon Corcoran left the company.
Operations
WorldRemit specialises in international money transfers from more than 50 to more than 130 countries. It provides pay-out choices for recipients, such as bank deposit, mobile money, mobile airtime top-up, cash pick-up, and cash delivery.
The company has around 5,000 corridors in its network. International mobile money services such as MTN (Asia and Africa), Zaad (Somaliland), M-Pesa (Kenya), and bKash (Bangladesh) can be connected to it. It may send money to 115 different countries as of October 2019. Except for Sudan, South Sudan, Eswatini, Eritrea, Libya, and Algeria, all of Africa is covered.
2021 saw WorldRemit purchase Sendwave, a different provider of international digital payments. 2020 saw the two handle 50 million transactions and enable the transfer of more than $10 billion.
Funding
Venture capital firms Accel Partners and Technology Crossover Ventures (TCV) support WorldRemit. The business revealed in February 2015 that TCV was leading a $100 million Series B investment round. John Rosenberg, general partner of TCV, was also confirmed to join the board.
LeapFrog Investments was the lead investor in the company’s $40 million Series C round of fundraising, which was completed in 2017. Leapfrog Investments, TCV, and Accel led a $175 million Series D fundraising round in 2019.
Pros and Cons
Pros
- The website is user-friendly, and creating an account is a short process.
- WorldRemit offers competitive rates that are often better than those provided by your bank.
- There is no minimum amount that you can transfer with them.
- Around 20 different countries provide round-the-clock support.
- can quickly use their online calculator to obtain an accurate price for your transfer.
Cons
- $10,000 is the maximum transfer size, and for some currencies, it is even less.
- Never assist companies with their needs.
- Their transfer fee isn’t constant, so it varies depending on the currency.
- WorldRemit is unable to guide finances.
- Not every country offers every transfer option. For instance, sending money to India does not include cash pickup.
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Is WorldRemit secure?
WorldRemit is reputable and secure. They take security very seriously and safeguard your private information.
They must safely transfer funds to any country in which they conduct business, and the Financial Conduct Authority in the UK is in charge of them. Your personal information is also subject to a stringent privacy policy.
What are the opinions of WorldRemit customers?
WorldRemit has five stars on Trustpilot, and the majority of users rate the business as “excellent” to work with. Particularly as a substitute for Western Union. Customers often have positive things to say about WorldRemit. Many feedbacks highlight how quickly transfers happen and how dependable the service is in their opinion.
The most frequent grievance regarding WorldRemit was that the transfer process was occasionally delayed by problems with the website or app. Additionally, there can be a delay in the ID verification process or situations when WorldRemit requires extra ID. Even though this can be annoying, it does demonstrate WorldRemit’s commitment to security and privacy.
FAQs of WorldRemit Phone Number
Q. When did WorldRemit get its start?
Ans. In 2010, WorldRemit was established.
Q. Which services are WorldRemit providing?
Ans. WorldRemit provides its services to the remittance and financial services sectors.
Q. How can I file a WorldRemit complaint?
Ans. The objective method on Complaintsboard.com for making complaints and receiving responses regarding WorldRemit can be utilised to file a complaint and receive a response from WorldRemit management. The dedicated WorldRemit complaint section can be used to file complaints regarding product shipment, payment, communication, billing, and any other aspect of WorldRemit services.
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