Company Snapshot: WorldRemit
- Date:January 16, 2015
- Author(s):
- Tristan Hugo-Webb
- Research Topic(s):
- Global
- PAID CONTENT
Overview
Online money transfer service aims to displace legacy players
Officially recorded remittance volumes are expected to have reached $582 billion worldwide in 2014. Attaining the goal of transforming the way in which consumers send money globally and upsetting traditional remittance business models therefore has the potential to be very lucrative for emerging players like WorldRemit.
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