Foreign Exchange Company WorldRemit Gets $175 Million in Funding

  • TCV, Accel, Leapfrog lead investment round for fintech company
  • Firm says it serves 4 million customers in 50 countries
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WorldRemit, a London-based technology company that helps expatriates and migrant workers send remittances back to their home countries, has raised $175 million in new funding.

Venture capital firms TCV, Accel Partners and Leapfrog Investments, all of which backed WorldRemit previously, took part in the new round.