WorldRemit Competitors and Similar CompaniesClear all

WorldRemit's competitors and similar companies include MoneyGram, Small World Financial Services, Azimo, BrainTree, Token, Revolut, Wise and Remitly.

	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.	MoneyGram MoneyGram is a global financial technology company providing money transfer and payment services.	Small World Financial Services Small World Financial Services is a digital money transfer platform enabling its customers to securely send and receive money.	Azimo Azimo is a payment processing company that provides internet and mobile-based inter-country consumer money transfer services.	BrainTree Braintree is a provider of payment processing solutions for online and mobile businesses operated by PayPal.	Token Token is a company developing an open banking platform.	Revolut Revolut is a fintech company that provides banking solutions for individuals and businesses.	Wise Wise (formerly known as Newco) is a financial technology company that provides money transfer and online currency exchange solutions.	Remitly Remitly is a digital financial company that develops a payments app.
Founding Date	Founding Date 2010	Founding Date 1940	Founding Date 2005	Founding Date 2012	Founding Date 2007	Founding Date 2015	Founding Date 2015	Founding Date 2011	Founding Date 2011
Type	Type Private	Type Public	Type Private	Type Private	Type Subsidiary	Type Private	Type Private	Type Public	Type Subsidiary
Tags	Tags Financial Services banks money transfer payments	Tags Financial Services fintech money transfer outsourcing payments	Tags Financial Services banks money transfer payments	Tags Financial Services banks fintech money transfer payments	Tags Technology cybersecurity financial management fintech fraud detection payments	Tags Technology data collection financial data financial management fintech money transfer payments platform	Tags Technology cryptocurrency exchange fintech mobile app payments	Tags Technology exchange fintech money transfer payments platform	Tags Technology application software fintech mobile app money transfer payments
Locations	Locations London, GB HQ Sydney, AU Saint Gilles, BE Toronto, CA 港区, JP Auckland, NZ Kraków, PL see more	Locations Dallas, US HQ Brussels, BE São Paulo, BR Vancouver, CA Shanghai, CN Hong Kong, HK Mumbai, IN see more	Locations London, GB HQ London, GB London, GB Albany, US Chicago, US Lansing, US Nashville, US see more	Locations Greater London, GB HQ	Locations Chicago, US HQ Sydney, AU Paris, FR Singapore, SG London, GB Austin, US New York, US see more	Locations London, GB HQ Berlin, DE San Francisco, US	Locations London, GB HQ Melbourne, AU Sydney, AU Sao Paulo, BR Paris, FR Berlin, DE Bengaluru, IN see more	Locations London, GB HQ Melbourne, AU Sydney, AU Sydney, AU Brussels, BE Brussels, BE São Paulo, BR see more	Locations Seattle, US HQ Cork, IE Tel Aviv Yafo, IL Amsterdam, NL Managua, NI Manila, PH Kraków, PL see more
Employees	Employees 4202% decrease	Employees 2,43617% decrease	Employees 4335% decrease	Employees 492% increase	Employees 247	Employees 1092% increase	Employees 18,6772% increase	Employees 6,000	Employees 3,1221% increase
Valuation ($)	Valuation ($) 900 m	Valuation ($) 1.1 b	Valuation ($) N/A	Valuation ($) N/A	Valuation ($) N/A	Valuation ($) N/A	Valuation ($) 33 b	Valuation ($) 96.2 m	Valuation ($) N/A
Financial
Revenue (est.)	Revenue (est.) £85.8m (FY, 2018)	Revenue (est.) $1.3b (FY, 2022)	Revenue (est.) £107.1m (FY, 2018)	Revenue (est.) £10.8m (FY, 2018)	Revenue (est.) N/A	Revenue (est.) N/A	Revenue (est.) £636.2m (FY, 2021)	Revenue (est.) £1.2b (FY, 2025)	Revenue (est.) N/A
Cost of goods	Cost of goods £35.7m (FY, 2018)	Cost of goods $610.7m (FY, 2022)	Cost of goods £66.7m (FY, 2018)	Cost of goods £4.8m (FY, 2018)	Cost of goods N/A	Cost of goods N/A	Cost of goods £196m (FY, 2021)	Cost of goods £263.1m (FY, 2025)	Cost of goods N/A
Gross profit	Gross profit £50.1m (FY, 2018)	Gross profit $619.9m (FY, 2022)	Gross profit £40.4m (FY, 2018)	Gross profit £6m (FY, 2018)	Gross profit N/A	Gross profit N/A	Gross profit £440.2m (FY, 2021)	Gross profit £955.9m (FY, 2025)	Gross profit N/A
Net income	Net income (£44.8m) (FY, 2018)	Net income $34.2m (FY, 2022)	Net income £833.3k (FY, 2018)	Net income (£6.8m) (FY, 2018)	Net income N/A	Net income N/A	Net income £26.3m (FY, 2021)	Net income £416.7m (FY, 2025)	Net income N/A
Operating ⚠
Countries	Countries 148 (Jun, 2018)	Countries 200 (Q2, 2019)	Countries N/A	Countries N/A	Countries 45 (Jul, 2023)	Countries 16 (May, 2023)	Countries N/A	Countries 170 (FY, 2023)	Countries N/A
Countries Covered	Countries Covered N/A	Countries Covered N/A	Countries Covered N/A	Countries Covered N/A	Countries Covered N/A	Countries Covered N/A	Countries Covered 200 (Aug, 2023)	Countries Covered N/A	Countries Covered 57 (Jul, 2020)
Currencies	Currencies N/A	Currencies N/A	Currencies N/A	Currencies N/A	Currencies 130 (Jul, 2023)	Currencies N/A	Currencies 28 (Aug, 2023)	Currencies 40 (FY, 2023)	Currencies N/A
Customers	Customers N/A	Customers N/A	Customers N/A	Customers N/A	Customers N/A	Customers 81 (May, 2023)	Customers 30 m (Aug, 2023)	Customers 10 m (FY, 2023)	Customers 1 m (Mar, 2019)
Partners	Partners N/A	Partners 750 (FY, 2018)	Partners N/A	Partners N/A	Partners N/A	Partners N/A	Partners N/A	Partners N/A	Partners 40 k (Mar, 2019)
Registered Users	Registered Users N/A	Registered Users N/A	Registered Users N/A	Registered Users 2 m (Feb, 2020)	Registered Users N/A	Registered Users N/A	Registered Users 13 m (Dec, 2020)	Registered Users N/A	Registered Users N/A
Trademarks	Trademarks N/A	Trademarks N/A	Trademarks N/A	Trademarks N/A	Trademarks N/A	Trademarks N/A	Trademarks 6 (Aug, 2023)	Trademarks N/A	Trademarks 7 (Jun, 2020)
Funding
Latest funding round	Latest funding round $ 175m (almost 7 years ago)	Latest funding round N/A	Latest funding round N/A	Latest funding round $ 20m (about 8 years ago)	Latest funding round N/A	Latest funding round $ 40m (about 4 years ago)	Latest funding round $ 800m (almost 5 years ago)	Latest funding round N/A	Latest funding round N/A
Total funding raised	Total funding raised $ 407.7m	Total funding raised $ 59m	Total funding raised N/A	Total funding raised $ 66m	Total funding raised $ 69m	Total funding raised $ 90m	Total funding raised $ 1.7b	Total funding raised $ 1b	Total funding raised $ 420.1m