Zepz

company

About

Zepz is a money transfer service that helps migrants send money to their loved ones all over the world.

Details

Last Funding Type
Series C
Last Funding Money Raised
$40M
Industries
Financial Services,FinTech,Mobile Payments
Founded date
Jan 1, 2010
Number Of Employee
1001 - 5000
Operating Status
Active
Legal Name
WorldRemit Ltd
Also Known As
WorldRemit

Zepz is an online service that lets people send money to friends and family living abroad, using a computer, smartphone, or tablet. It is a convenient, low-cost alternative to traditional money transfer companies that use high street agents and charge high fees. Money can be received as a bank deposit, cash pick-up, Mobile Money, or mobile airtime top-up.

Zepz's service is available to senders in 50 countries. They offer transfers to more than 140+ destinations across Europe, Asia, Africa, Australia, and the Americas.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
12
$699.65M
Zepz has raised a total of $699.65M in funding over 2 rounds. Their latest funding was raised on Aug 23, 2021 from a Series E round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Aug 23, 2021 Series E $292M 4 Farallon Capital Management Detail
Jun 3, 2019 Series D $175M 3 LeapFrog Investments
Accel
TCV
Detail
Dec 7, 2017 Series C $40M 3 LeapFrog Investments Detail
Feb 9, 2016 Debt Financing $45M 3 Detail
Feb 17, 2015 Series B $100M 2 Accel Detail

Employee Profiles

Number of Employee Profiles
22
Zepz has 22 current employee profiles, including Executive Sophie Krishnan
Executive
Executive
Executive
Board member

Acquisition

Zepz has acquired 1 organizations. Their most recent acquisition was Sendwave on Aug 25, 2020. They acquired Sendwave for $500M.

Date Company Name
Industry Acquisition Type Price
Aug 25, 2020 Sendwave
Financial Services acquisition $ 500M Detail