![]() Xoom Xoom is a digital money transfer provider that allows users to send money, pay international bills, or reload phones. | ![]() WorldRemit WorldRemit is a company that develops an online service that lets customers send money to their friends and family living abroad, using a computer, smartphone or tablet. | |
Founding Date | Founding Date 2001 | Founding Date 2010 |
Type | Type Subsidiary | Type Private |
Tags | ||
Locations | Locations San Francisco, US HQ | |
Employees | Employees 230 | Employees 4202% decrease |
Financial | ||
Revenue (est.) | Revenue (est.) $159.1m (FY, 2014) | Revenue (est.) £85.8m (FY, 2018) |
Cost of goods | Cost of goods $45.4m (FY, 2014) | Cost of goods £35.7m (FY, 2018) |
Gross profit | Gross profit $113.7m (FY, 2014) | Gross profit £50.1m (FY, 2018) |
Net income | Net income ($26.3m) (FY, 2014) | Net income (£44.8m) (FY, 2018) |
Operating ⚠ | ||
Countries | Countries 130 (May, 2019) | Countries 148 (Jun, 2018) |
Transactions | Transactions 4.3 m (Q3, 2015) | Transactions 5.4 m (FY, 2016) |
Funding | ||
Total funding raised | Total funding raised $ 116.5m | Total funding raised $ 407.7m |

WorldRemit is a company that develops an online service that lets customers send money to their friends and family living abroad, using a computer, smartphone or tablet.
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