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Wise raised a further $25 million in June 2014, adding Richard Branson as an investor. [40] In January 2015, it was announced that Wise had raised a $58 million Series C round, led by investors Andreessen Horowitz. [41] In May 2016, Wise secured a funding of $26 million. This raised the company's valuation to $1.1 billion.
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Remitly was founded in 2011 as BeamIt Mobile. [5] [6] The company was initially a search engine for remittance services but shifted into money transfers soon after. [6] It changed its name from BeamIt to Remitly in August 2012. [7] In April 2013, Remitly announced that it would allow its users to send free money transfers to the Philippines. [8]
Xoom is a PayPal service you can select as an alternative delivery option. With Xoom, you can transfer money to more than 160 countries or select cash pickup. Best for business use: Wise
Before you can send money, you’ll need to choose which money transfer service you’d like to use. Each offers something different in the way of exchange rates, fees and speed of the transaction. 1.
Remitly, Oppenheimer says, has tackled the challenge of building trust in large part through investing in customer service and embedding it in the corporate culture. And that culture is driven ...
Xoom Corporation was founded in 2001 by Alan Braverman and Kevin Hartz, [1] with its headquarters in San Francisco, California. [2]In June 2010, Xoom was cited in a study by the Inter-American Dialogue of 79 remittance service providers, as having amongst the highest consumer satisfaction ratings.
Ria has grown to become the second largest money transfer service in the world. [6] In 2006, Ria was acquired by Euronet Worldwide, Inc., becoming part of its money transfer segment together with XE. [7] Ria began working with post offices in 2010 and on July 31, 2014, partnered with Postbank, which is owned by the Kenyan government. [8]