• FOUNDING YEAR: 2010
    LOCATION:
    United Kingdom
    REGION:
    Last Update:
    17 Dec, 2018

Description

FOCUS

PRODUCTS & SERVICES:
Cross border remitance services
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Online Retail Consumers
EXISTING PARTNERSHIPS:
Tigo, MTN Group

PEOPLE

FOUNDERS:
Ismail Ahmed
Board Members and Advisors:
Jonathan Addis, Ismail Ahmed, Harry Nelis, John Rosenberg, Catherine Wines
NUMBER OF EMPLOYEES:
51-200
INVESTORS:
Technology Crossover Ventures, Project A Ventures, LeapFrog Investments, Accel Partners, TriplePoint Venture Growth, Silicon Valley Bank

TRACTION

NUMBER OF TRANSACTIONS:
1.3 MM

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$220 Millions
DATE OF LAST FUNDING:
Dec 2017
TOTAL FUNDING COMMENT:
The company is planning to use the fund to expand their network and service in Indonesia and also it will help them to grow even faster (Dec 2017).
SEED & PRIOR FUNDING:
$7.1 Millions
SEED CLOSED ON:
Oct 2013
FUNDING SERIES:
SERIES A
$40 Millions Closed: Mar 2014
SERIES B
$100 Million Closed: Feb 2015
SERIES C
$40 Millions Closed: Dec 2017
LISTED:
NO
COMMENT:
Debts funding: $45 M(Feb 2016)

LATEST RESEARCH