Deals
Zepz, Formerly WorldRemit, Raises Cash at $5 Billion Valuation
- Company has raised $292 million to invest in its platform
- Round includes new investors such as Farallon Capital
Ismail Ahmed
Photographer: Chris Ratcliffe/BloombergThis article is for subscribers only.
Zepz, the company formerly known as WorldRemit Group, has raised $292 million in a fundraising round that values the money-transfer business at $5 billion.
The round includes new investors including Farallon Capital as well as existing shareholders LeapFrog, TCV and Accel, the London-based company said in a statement on Monday, confirming an earlier Bloomberg News report.