WorldRemit to use some of bumper $100M round to expand partnerships with operators

Mobile remittance firm WorldRemit raised $100 million in a Series B funding round led by Technology Crossover Ventures (TCV), with participation from existing investor Accel Partners. The UK firm offers smartphone and web-based money transfers and has built up a …

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Transferwise lands $58M backing from Andreessen Horowitz and others

UK company Transferwise received a $58 million infusion from a number of investors, including leading US VC outfit Andreessen Horowitz, in a round that has left the money transfer firm with a hefty valuation. The firm — one of a …

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WorldRemit strikes deal with MTN

WorldRemit, the UK firm which enables remittances to be sent and received via mobile devices, has signed a global partnership with operator MTN. The deal sets up the possibility that WorldRemit users will be able to send payments to any …

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