WorldRemit | Jotup

WorldRemit reaches $2bn milestone in sent remittances from Australia

Retrieved on:

Thursday, March 30, 2023

Growth, GDP, Family, Education, Friends, Financial services, WorldRemit

SYDNEY, March 30, 2023 /PRNewswire/ -- Zepz Group, the parent company behind two market-leading brands ( WorldRemit and Sendwave ), today announced remittances sent by Australian customers have surpassed $2billion AUD in 2022, a company first.

Key Points:

SYDNEY, March 30, 2023 /PRNewswire/ -- Zepz Group, the parent company behind two market-leading brands ( WorldRemit and Sendwave ), today announced remittances sent by Australian customers have surpassed $2billion AUD in 2022, a company first.
As part of Zepz Group, WorldRemit provides customers in Australia with low fee global money transfer.
The most popular countries for WorldRemit customers in Australia to send money are the Philippines, Nepal, Zimbabwe, Colombia, Fiji and India.
Despite the current cost-of-living crisis, a high volume of remittances continue to be sent via WorldRemit globally every day, supporting family members abroad with daily expenses including utility bills, groceries and rent, education, and medical needs.

WorldRemit partners with charities to pledge 30,000 meals during Ramadan

Retrieved on:

Tuesday, March 28, 2023

Organic, Partnership, Edhi Foundation, WorldRemit, Friends, PKR, Meal, Abdul Sattar Edhi, Muslims, Iftar, Eid, MAD, Cryptocurrency, Food delivery

The global payments company has partnered with separate local charities; Pakistan's Edhi Welfare Organization and Morocco's JOOD , to deliver these meals to countries impacted by soaring inflation.

Key Points:

The global payments company has partnered with separate local charities; Pakistan's Edhi Welfare Organization and Morocco's JOOD , to deliver these meals to countries impacted by soaring inflation.
Every year, WorldRemit helps Muslims around the world send money back home to help their loved ones prepare for Ramadan and Eid celebrations, and to support those in need.
This year, WorldRemit has partnered with the two charities to help its customers make a bigger impact.
WorldRemit pledges to donate 20,000 meals to Pakistan and 10,000 meals to Morocco so that even more people can enjoy Ramadan.

WorldRemit partners with charities to pledge 30,000 meals during Ramadan

Retrieved on:

Tuesday, March 28, 2023

Organic, Partnership, Edhi Foundation, WorldRemit, Friends, PKR, Meal, Abdul Sattar Edhi, Muslims, Iftar, Eid, MAD, Cryptocurrency, Food delivery

The global payments company has partnered with separate local charities; Pakistan's Edhi Welfare Organization and Morocco's JOOD , to deliver these meals to countries impacted by soaring inflation.

Key Points:

The global payments company has partnered with separate local charities; Pakistan's Edhi Welfare Organization and Morocco's JOOD , to deliver these meals to countries impacted by soaring inflation.
Every year, WorldRemit helps Muslims around the world send money back home to help their loved ones prepare for Ramadan and Eid celebrations, and to support those in need.
This year, WorldRemit has partnered with the two charities to help its customers make a bigger impact.
WorldRemit pledges to donate 20,000 meals to Pakistan and 10,000 meals to Morocco so that even more people can enjoy Ramadan.

NCFA’s Annual Flagship Fintech and Funding Conference and Expo to Host Immersive 5 Week Hybrid Program

Retrieved on:

Tuesday, March 7, 2023

The remaining sessions will be conducted in a friendly, business-oriented and cybersecure digital environment.

Key Points:

The remaining sessions will be conducted in a friendly, business-oriented and cybersecure digital environment.
FFCON23: REGEN will leverage deep domain know-how in regenerative finance and thinking to benefit investors, business owners and broader stakeholders.
Attendees will be immersed in the accelerating fintech landscape over once-a-week but deeply interconnected sessions in March and April 2023.
To register and explore different ticket options, visit https://fintechandfunding.com/tickets/
To view the detailed agenda, visit https://fintechandfunding.com/ffcon23_program/

Remittance Global Market Report 2022: Sector to Reach $107.8 Billion by 2030 at a 10.1% CAGR

Retrieved on:

Friday, January 20, 2023

The global remittance market size is expected to reach USD 107.80 billion by 2030, growing at a CAGR of 10.1% from 2022 to 2030.

Key Points:

The global remittance market size is expected to reach USD 107.80 billion by 2030, growing at a CAGR of 10.1% from 2022 to 2030.
Furthermore, the widespread adoption of digital and automated payment and money transfer solutions is propelling the market's growth.
Financial organizations are using data-driven and transparent ecosystems for money remittance to expand their business networks and provide low remittance costs to their customers.
Technological solutions, including the implementation of real-time banking technology to leverage the capabilities of Immediate Payment Service (IMPS), also contribute to market growth.

Remittance Global Market Report 2022: Significant Growth in the BFSI Industries Boosts Sector - ResearchAndMarkets.com

Retrieved on:

Monday, January 16, 2023

The global remittance market size is expected to reach USD 107.80 billion by 2030, growing at a CAGR of 10.1% from 2022 to 2030.

Key Points:

The global remittance market size is expected to reach USD 107.80 billion by 2030, growing at a CAGR of 10.1% from 2022 to 2030.
Significant growth in the Banking, Financial Services, and Insurance (BFSI) industry around the world is one of the major factors behind the market's positive outlook.
Financial organizations are using data-driven and transparent ecosystems for money remittance to expand their business networks and provide low remittance costs to their customers.
Technological solutions, including the implementation of real-time banking technology to leverage the capabilities of Immediate Payment Service (IMPS), also contribute to market growth.

Remittance Market Size Worth $107.80 Billion by 2030: Grand View Research, Inc.

Retrieved on:

Tuesday, January 10, 2023

SAN FRANCISCO, Jan. 10, 2023 /PRNewswire/ -- The global remittance market size is expected to reach USD 107.80 billion by 2030, advancing at a CAGR of 10.1% from 2022 to 2030, according to a new report by Grand View Research, Inc.

Key Points:

SAN FRANCISCO, Jan. 10, 2023 /PRNewswire/ -- The global remittance market size is expected to reach USD 107.80 billion by 2030, advancing at a CAGR of 10.1% from 2022 to 2030, according to a new report by Grand View Research, Inc.
Moreover, several prominent players are expanding their foothold in the remittance and digital wallet market, fueling the segment's growth.
Read 160-page full market research report, " Remittance Market Size, Share & Trends Analysis Report By Mode Of Transfer (Digital, Traditional), By Type (Inward, Outward), By Channel, By End-use, By Region, And Segment Forecasts, 2022 - 2030 ", published by Grand View Research.
Grand View Research has segmented the global remittance market based on the mode of transfer, type, channel, end-use, and region
Remittance Market - Mode of Transfer Outlook (Revenue, USD Billion, 2017 - 2030)
Remittance Market - Type Outlook (Revenue, USD Billion, 2017 - 2030)
Remittance Market - Channel Outlook (Revenue, USD Billion, 2017 - 2030)

Remittance Market Size Worth $107.80 Billion by 2030: Grand View Research, Inc.

Retrieved on:

Tuesday, January 10, 2023

SAN FRANCISCO, Jan. 10, 2023 /PRNewswire/ -- The global remittance market size is expected to reach USD 107.80 billion by 2030, advancing at a CAGR of 10.1% from 2022 to 2030, according to a new report by Grand View Research, Inc.

Key Points:

SAN FRANCISCO, Jan. 10, 2023 /PRNewswire/ -- The global remittance market size is expected to reach USD 107.80 billion by 2030, advancing at a CAGR of 10.1% from 2022 to 2030, according to a new report by Grand View Research, Inc.
Moreover, several prominent players are expanding their foothold in the remittance and digital wallet market, fueling the segment's growth.
Read 160-page full market research report, " Remittance Market Size, Share & Trends Analysis Report By Mode Of Transfer (Digital, Traditional), By Type (Inward, Outward), By Channel, By End-use, By Region, And Segment Forecasts, 2022 - 2030 ", published by Grand View Research.
Grand View Research has segmented the global remittance market based on the mode of transfer, type, channel, end-use, and region
Remittance Market - Mode of Transfer Outlook (Revenue, USD Billion, 2017 - 2030)
Remittance Market - Type Outlook (Revenue, USD Billion, 2017 - 2030)
Remittance Market - Channel Outlook (Revenue, USD Billion, 2017 - 2030)

WorldRemit Data: Inflation Forces Migrants to Reduce Remittances Despite Financial Hardship for Family Overseas

Retrieved on:

Tuesday, January 3, 2023

Family, TCV, WorldRemit, Leapfrog, Habit, International, COVID-19, Accel, Friends, Ageing, Mail

Highlighting the impact of inflation on people around the world, almost half (45%) noted they now only send money to immediate family, rather than friends and distant relatives.

Key Points:

Highlighting the impact of inflation on people around the world, almost half (45%) noted they now only send money to immediate family, rather than friends and distant relatives.
1 in 9 people worldwide rely on money sent from friends and relatives who have migrated abroad for work.
Whilst there were minor differences, broadly speaking, 1st generation migrants' views were aligned with those of the overall sample in our survey.
For those receiving money, the company offers a wide range of options including bank deposit, cash collection, mobile airtime top-up and mobile money.

WorldRemit Data: Inflation Forces Migrants to Reduce Remittances Despite Financial Hardship for Family Overseas

Retrieved on:

Tuesday, January 3, 2023

Family, TCV, WorldRemit, Leapfrog, Habit, International, COVID-19, Accel, Friends, Ageing, Mail

Highlighting the impact of inflation on people around the world, almost half (45%) noted they now only send money to immediate family, rather than friends and distant relatives.

Key Points:

Highlighting the impact of inflation on people around the world, almost half (45%) noted they now only send money to immediate family, rather than friends and distant relatives.
1 in 9 people worldwide rely on money sent from friends and relatives who have migrated abroad for work.
Whilst there were minor differences, broadly speaking, 1st generation migrants' views were aligned with those of the overall sample in our survey.
For those receiving money, the company offers a wide range of options including bank deposit, cash collection, mobile airtime top-up and mobile money.