WorldRemit becomes most downloaded international payments app in Malaysia

Leading digital payments brand sees record app downloads within weeks of launching in Malaysia, surpassing competitors Wise, Western Union, eRemit, Moneymatch and Instarem for the number of daily installs

Kuala Lumpur, 30 August 2021 - Leading payments brand WorldRemit’s app has become the most downloaded standalone international payments app for daily installs in Malaysia within 10 days of its launch in the country.

According to App Annie data analytics, money transfer company WorldRemit shared that its mobile app had become the most downloaded international payments app in Malaysia, surpassing competitors Wise, Western Union, eRemit, Moneymatch and Instarem for the number of daily installs.

WorldRemit officially launched its money transfer services in Malaysia earlier this month on 13 August in a star-studded event emceed by TV3 news anchor Anita Woo and attended by dignitaries from the Embassy of the Philippines in Kuala Lumpur, Malaysian Association of Money Services Business, Fintech Association of Malaysia, Islamic Banking & Financial Institutions of Malaysia, and others.

Within eight days of its launch, the WorldRemit mobile app has become the most downloaded when looking at daily installs from 22 August onwards.

Making money transfers easier for migrant communities in Malaysia

WorldRemit customers can now send money from Malaysia, in addition to 50 other countries including the UK and the USA, to more than 130 destinations. 

Depending on their location, customers can choose from multiple payout methods for the recipient including bank deposits, payments to mobile wallets, cash pick-up and mobile airtime top-up.

Ridzuan Aziz, Country Director for Malaysia at WorldRemit, said: “It’s great to see so many residents in Malaysia responding positively to our product so soon after the launch. We’re confident that this pace will continue as more people learn about the convenience and safety of our fast, flexible and fair service.”

WorldRemit is fully licensed with a Class-B remittance license issued in February 2021 by the Central Bank in Malaysia.

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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.