WorldRemit makes senior hire, demonstrating commitment to growth

Sophie Krishnan joins as Chief Operating Officer as WorldRemit continues to position itself for the next phase of growth

London, UK, 17 December 2019: Leading digital money transfer company WorldRemit has appointed experienced technology industry executive Sophie Krishnan as Chief Operating Officer, as the business positions itself to help even more customers make secure, quick and affordable international payments. As a member of the Executive Committee, Sophie will report to CEO Breon Corcoran.

Sophie has held senior management roles at consumer-facing disruptors like Expedia and Trainline, where she led product, marketing and commercial teams. She previously spent over a decade in investment and strategic advisory at Investor AB and Bain & Co in the USA and in Europe. She has volunteered for NGOs in Africa and Latin America and holds an MBA from Stanford business school.

WorldRemit is entering a period of growth following a successful $175m Series D fundraise. The company is ramping up its plans for global growth, including by expansion into new service areas.

Breon Corcoran, CEO of WorldRemit said: “I am delighted that an executive of Sophie’s calibre and industry experience has chosen to join WorldRemit at this exciting time. WorldRemit has been a pioneer in making money transfers as easy as sending a text and as we continue to grow and stand out on speed, service, security and value, we need strong leadership. I welcome the insight and rigour that she will bring and look forward to working with her.”

Sophie Krishnan said: “I am excited to be joining WorldRemit at this critical time as we move into this next phase of growth. World Remit is a leader in our field and we have exciting plans to accelerate our growth, help customers transfer money securely and quickly and reduce the cost to them.”

Press Enquiries

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.