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Zepz, the UK-based international payments startup formerly known as WorldRemit, has successfully raised $267 million from new and existing investors to fund its expansion in core African markets and beyond. The funding round was led by Accel, one of Silicon Valley's top venture capital firms. This investment will support Zepz's growth strategy and further its mission to improve money transfer services across the continent. The company was valued at $5 billion in 2021.
In other news this week: Zepz bags €243M, Oriole Networks raises €20M, TrueLayer secures €45M, Qovoltis completes €45M Series B funding, and more: In recent days, the tech industry has witnessed a wave of advancements and updates. From groundbreaking… https://t.co/GJth1xzVSa https://t.co/tcrcvFbuY9
International payments startup, Zepz, formerly WorldRemit, has raised $267M to fund expansion on the African continent and beyond. Accel, one of Silicon Valley's top VC firms, led the round in the UK-based startup valued at $5B in 2021. https://t.co/XsXNgm202R
Zepz, the money transfer service formerly called WorldRemit and valued at $5B in 2021, raised $267M to fund an expansion in its core African markets and beyond (@aishagani / Bloomberg) https://t.co/aMNovLhObO 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/MnBcRZsMVL
