WorldRemit launches money transfer service to Botswana
17/10/2010 | 1 minute read
Lower-cost money transfers to Botswana in time for Christmas
Gaborone and London, 14 December 2017: The leading digital money transfer company WorldRemit has expanded its service to Botswana, bringing lower-cost fast transfers to the country in time for Christmas.
Diaspora living and working in over 50 countries, can now send remittances as easily as sending an instant message, using the WorldRemit app or website to several cash pickup locations in major towns across the country.
WorldRemit was founded in 2010, by a UK-based entrepreneur from Somaliland and has grown rapidly offering its service to more than 148 destinations around the globe.
The digital-first service greatly increases customer convenience as there is no need to visit a bricks and mortar agent to carry out a transfer and funds can be picked up in a matter of minutes from locations in Botswana.
Botswana has a diaspora communities living in the US, Australia and the UK. The World Bank estimates that the country received $43 million dollars in remittances in 2015.
WorldRemit’s Regional Director for Africa and the Middle East, Andrew Stewart comments: “We are delighted to bring our service to Botswana - especially at this time of year, when customers want to know they are getting a fast, secure and good-value service in the run-up to the festive season.”
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.