WorldRemit waives fees in support of Hargeisa fire damage relief efforts

WorldRemit, a leading digital payments platform, is waiving their fees on money transfers to Somaliland in the wake of the recent fire in its capital, Hargeisa. Customers wishing to send money to people in Somaliland in support of relief efforts can do so with no service fee applicable from 4th April to 11th April 2022. 

The fire ravaged Waheen market in Somaliland’s capital, Hargeisa, causing estimated losses of between $1.5 billion and $2 billion, according to a preliminary report released by a national task force looking into the fire. 

Ismail Ahmed, Founder of WorldRemit said: “Remittances play a vital role in providing relief to communities affected by disasters. This is why we are waiving our fees for anyone who wishes to support the people of Somaliland. Waiving our fees during this time is our way of showing our support to the global Somali community.”

With the WorldRemit app or website, customers can send support to their family and friends in Somaliland free of charge. Support can be sent to Telesom ZAAD mobile money accounts - details on how to send mobile money to Somaliland can be accessed here. 

For more information, visit worldremit.com. 

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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.