WorldRemit appoints Spotify CFO Paul Vogel to its Board of Directors

LONDON November 23, 2020 -- WorldRemit, the global digital money transfer service, today announced the appointment of Spotify CFO Paul Vogel to its board of directors. At Spotify, Paul oversees the company’s financial affairs including corporate development, FP&A and treasury. He began his career as an analyst at Morgan Stanley, and has since held senior finance positions at leading institutions across multiple industries, most recently Managing Director at Barclays.

“Paul’s experience at blue-chip financial services institutions, combined with his tenure at Spotify where he built a world-class digital infrastructure that serves 320 million consumers in 92 markets globally, brings important new capabilities to our board”, said Breon Corcoran, CEO at WorldRemit. “As an independent director, he will also enhance our governance and audit capabilities.”

Paul joins as Non-Executive Director and Head of Audit Committee.  

“WorldRemit offers an important solution for customers around the world whose digital money transfers are meeting the essential everyday needs of recipients across the globe, especially in the current environment where travel is restricted,” said Paul. “I’m excited to work with the WorldRemit team as it expands operations globally.”

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About WorldRemit

We are a leading global payments company and, along with Sendwave, part of Zepz, a group powering two global remittance brands. 

We disrupted an industry previously dominated by offline legacy players by taking international money transfers online – making them safer, faster and lower cost. We currently operate in more than 5,000 money transfer corridors worldwide and as part of Zepz, are part of a 1,400 person global workforce.

Sending money with WorldRemit is 100% digital (cashless), increasing convenience and enhancing security. For those receiving money, we offer a wide range of options, including bank transfer, cash pickup, airtime top up and mobile money. 

Backed by Accel, TCV and Leapfrog – WorldRemit’s headquarters are in London, United Kingdom, with regional offices in the United States, Poland, Canada, Australia, Hong Kong, Singapore, Malaysia, the Philippines, South Africa, Somaliland, Uganda, Kenya, Rwanda, Tanzania, Zimbabwe and Belgium.

About Zepz

Zepz Group is the group powering leading global remittance brands: WorldRemit and Sendwave. Since 2021, Zepz Group has been disrupting an industry previously dominated by offline legacy players by reducing the barriers to finance and increasing safety and convenience for users. Every day, Zepz Group and its brands work towards unlocking the prosperity of cross-border communities through finance and technology - driven by the vision of a world that celebrates migrants’ impact on prosperity, at home and abroad.

Zepz Group brands have helped cross-border communities send over $15bn from 50 countries, to recipients in 130 countries in 2022, and operate over 5,000 money transfer corridors worldwide. Zepz Group employs over 1,400 people globally as a remote-first employer, with team members located across six continents.