WorldRemit, a London-based online money transfer service, has rolled out its services across five countries in South America and Eastern Europe, as part of its global expansion strategy.

The expansion will allow WorldRemit’s customers to send money to friends and family in Chile, Czech Republic, Hungary, Slovenia and Bulgaria.

In February this year, WorldRemit raised $100m in a funding round led by Technology Crossover Ventures (TCV).

WorldRemit VP for international product development Jeff Pietras said: "Our customers can send money instantly to their friends and family abroad with just a few clicks or taps on their smartphone and enjoy fair, transparent pricing."

WorldRemit offers a quick and low-cost way for people to send money to friends and family abroad. It allows people in 50 countries to send money to over120 destinations via their smartphone, tablet, or computer.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.