2014’s biggest investments: WorldRemit £26.6m
Huge Accel Partners funding round for online money transfer platform
In what is claimed to be one of the largest rounds of its kind completed in Europe, online money transfer platform WorldRemit secured an estimated £26.6m ($40m) Series A round from Accel Partners. Having founded the company in 2009, CEO Ismail Ahmed hopes to expand its global reach and develop additional products and services to support its portfolio to put it at the forefront of the market.
Read more about the deal here.