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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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Ria Money Transfer is a subsidiary of Euronet Worldwide, Inc., which specializes in money remittances. [2] [3] [4] Ria initiates transfers through a network of agents and company-owned stores located throughout North America, South America, Europe, Asia-Pacific, Africa, and online.
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 ...
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]
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WorldRemit is a digital cross border remittance business that provides international money transfer and remittance services in more than 130 countries and over 70 currencies. It was founded in 2010 by Ismail Ahmed , Catherine Wines, and Richard Igoe.
PayPal vs. Venmo vs. Zelle: In a time when I’m trying to simplify, both digitally and physically, I’m almost embarrassed to admit that I use all three. If I’m shopping, I send funds via PayPal.