Zepz

24 results about this entity

Period: 10 Apr 2018 - 07 Oct 2024

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Remittance firm Zepz raises $267m

/inclusion

Remittance firm Zepz raises $267m

London-headquartered money transfer outfit Zepz has raised $267 million in a funding round led by Accel.

Remittance app Sendwave hit with CFPB penalty

/regulation

Remittance app Sendwave hit with CFPB penalty

The Consumer Financial Protection Bureau has slapped the operator of remittance app Sendwave with a $1.5 million penalty for deceiving users about the costs and speed of international transfers.

Zepz to lay off 26% of workforce

/payments

Zepz to lay off 26% of workforce

London-headquartered money transfer outfit Zepz, which combines the former WorldRemit and Sendwave brands, is laying off 420 employees.

/payments

Global cross border payment group Zepz reaches profitability in H1 '22

Zepz, the group making remittance payments fair, fast and affordable by powering global cross-border remittance brands WorldRemit and Sendwave, today announced the 2021 financial results that will be published in its upcoming Companies House Listing Annual Report as well as an H1 ‘22 performance update, alongside the appointment of its new Group CFO, Robert Mitchell.

Zepz delays IPO plans amid reports of accounting and management issues

/payments

Zepz delays IPO plans amid reports of accounting and management issues

Zepz, the parent group of UK money transfer company WorldRemit, has pushed back plans for an IPO owing to reported accounting issues and churn in its senior management team.

WorldRemit raises $292m; rebrands as Zepz

/payments

WorldRemit raises $292m; rebrands as Zepz

UK-based cross-border mobile payments firm WorldRemit has raised $292 million in primary financing at a $5 billion valuation and changed its name to Zepz.

/inclusion

Digital platform for immigrants moves into financial services

Homeis, the first digital platform for immigrant communities around the world, today announces it has reached one million registered members.

/payments

WorldRemit launches transfer tracker app

WorldRemit, a leading global digital payments company, has launched The WorldRemit Transfer Tracker mobile App for recipients of money transfers which allows them to track their remittances.

WorldRemit to acquire Sendwave

/payments

WorldRemit to acquire Sendwave

WorldRemit is to acquire Africa-focused remittance app Sendwave in a cash and stock transaction that will value the combined company at $1.5 billion.

/identity

WorldRemit traps Onfido for identity verification

WorldRemit has today announced a new partnership with Onfido, the global identity verification and authentication company, to make it easier and quicker for customers to open an account with WorldRemit and send money abroad.

Covid-19 is a call to action for regulators to boost financial inclusion

/inclusion

Covid-19 is a call to action for regulators to boost financial inclusion

Speaking at Innovate Finance’s virtual panel for UK Fintech Week 2020, Alicia Levine, COO, Chipper Cash, believes that now is the time for regulators to step up and provide fintech companies with a clear path toward regulated activity.

/covid-19

WorldRemit gifts £400,000 to NHS workers in the UK

WorldRemit says ‘thank you’ to NHS workers who selflessly look after our loved ones, by helping them with vouchers worth £50 per customer to use towards the money they send home to look after their loved ones around the globe.

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