Zepz Equity
Sector: Commercial • Location: Africa Region
Source: International Finance Corporation (IFC)
The proposed investment is an equity investment of US$20 million to WorldRemit Group Limited (Zepz or the “Company”) as part of its US$267 million Series X equity round. The Company, founded in 2010, provides digital cross-border consumer remittances via two brands: Sendwave and WorldRemit. Zepz serves over 9+ million users through its current presence in over 4,600 corridors with over 40 send cou
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The proposed investment is an equity investment of US$20 million to WorldRemit Group Limited (Zepz or the “Company”) as part of its US$267 million Series X equity round. The Company, founded in 2010, provides digital cross-border consumer remittances via two brands: Sendwave and WorldRemit. Zepz serves over 9+ million users through its current presence in over 4,600 corridors with over 40 send countries and over 90 receive countries. IFC’s proposed equity investment will finance the Company’s permanent working capital and to further its foothold in emerging markets (the “Project”). |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |
