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WorldRemit expands money transfer service in Sierra Leone and Guinea Conakry

Cash pick-up locations increased

LONDON, UK, 05 JUNE 2014:WorldRemit, the global online money transfer service, is offering recipients more cash pick-up services in Sierra Leone and Guinea Conakry.

Customers of WorldRemit, which recently secured a $40 million investment from Accel Partners, can now use cash pick-up services at twenty four agent locations in Sierra Leone, including seven in Freetown, and twenty six in Guinea Conakry.

WorldRemit, with its online business model, offers a fast, low-cost and secure remittance alternative to traditional money transfer operators.1 Customers can send funds from 35 countries to families and friends in over 100 destinations.

Ismail Ahmed, Founder and CEO at WorldRemit, said "WorldRemit is committed to making money transfer services accessible to as many people as possible. By expanding cash pick-up locations in Sierra Leone and Guinea Conakry we are increasing convenience and speed for both senders and recipients.”

 

1 CGAP, “How the poor can benefit from choice in the remittance market” by Wameek Noor &

Rasesh Mohan (24 October 2013)

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