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WorldRemit
Market Valuation
$900 M
2019-06-03
Total Funding
$407.7 M
Revenue
£85.8 M
FY, 2018
WorldRemit Summary
Company Summary
- Overview
- WorldRemit is a company that develops an online service that lets customers send money. Its platform allows users to transfer money to their friends and family living abroad, using a computer, smartphone or tablet. Money can be received as a bank deposit, cash pick-up, mobile money or mobile airtime top-up.
- Type
- Private
- Status
- Active
- Founded
- 2010
- HQ
- London, GB | view all locations
- Website
- http://www.worldremit.com
- Cybersecurity rating
Table of Contents
Key People
Jonathan Addis, Independent Non-Executive Director
Breon Corcoran, Chief Executive Officer
Paul Vogel, Non-Executive Director , Head of Audit Committee
Operating MetricsView all
Transactions
5.4M
54.3%
FY, 2016
Users
2M
Dec, 2017
Countries
148
Jun, 2018
LocationsView all
9 locations detected
London, England HQ
United Kingdom
62 Buckingham Gate, Westminster
Denver, CO
United States
600 17th St #200S
Miami, FL
United States
Sydney, NSW
Australia
Level 23/1 O'Connell St
Saint-Gilles, Bruxelles
Belgium
Place Marcel Broodthaers 8
Toronto, ON
Canada
2 Bloor St W suite 700, suite 2400
WorldRemit Financials
Summary Financials
- Revenue (FY, 2018)
- £85.8M
- Gross profit (FY, 2018)
- £50.1M
- Net income (FY, 2018)
- (£44.8M)
- Cash (FY, 2018)
- £45.6M
- EBIT (FY, 2018)
- £38.9M
- Enterprise value
- $895.4M