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WorldRemit partners with Wari to offer instant money transfers to Senegal

16/10/2017 | 3 minute read

New service available through Wari’s extended network of 27,000 cash pick up locations

Dakar and London, 12 October 2017: Senegal’s Wari Group and leading digital money transfer company WorldRemit have joined forces to launch instant money transfers to Senegal.

The new service will let WorldRemit customers in over 50 countries transfer money as easily as sending an instant message, using the app or website. A list of the Wari locations in Senegal can be found here.

Wari has revolutionised the development of and access to financial services across West Africa, particularly in Senegal. The group handles over a million transactions daily through its direct and partner networks, with over 500,000 agents spread across 60 countries.

WorldRemit’s mobile-first, digital model on the send side improves security and compliance standards. Importantly, senders no longer need to visit a bricks and mortar agent, which can be inconvenient and time consuming.

Senegal has a diverse diaspora population, with top migration destinations including France, Italy and Spain. Remittances play an important role in its economy. The World Bank estimates that in 2015 over $1.6 billion dollars was received in overseas remittances.

Catherine Wines, co-founder at WorldRemit, comments: “Our partnership with Wari will enable the half a million-strong Senegalese diaspora to send money instantly from over 50 countries to thousands of locations.

“We want to give people the power to share money instantly, anytime and anywhere, further supporting the transition from costly offline remittances sent from bricks and mortar agents to safer, faster and lower cost online transfer methods.”

Kabirou Mbodje, Wari’s Founder and CEO added: “The digital industry is a game changer in offering global solutions to simplify daily transactions. Partnering with WorldRemit will reinforce our global network and support our ambition to facilitate transactions for everyone.“

In June WorldRemit announced a global integration with Google’s Android Pay, followed by a partnership with Huawei’s mobile money platform across Africa. WorldRemit customers now complete 750,000 transfers every month from over 50 send countries to over 140 receiving destinations.

For more information on how to send money to Senegal, click here.

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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.

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