WorldRemit offering money transfer services in all 50 states
Digital money transfer service WorldRemit has received licenses in all 50 states, enabling customers across the U.S. to use its service.
The company, which specializes in immigrant money transfers, received its first license from Iowa in August 2014 and its 50th from Louisiana in May 2018. The company is one of the first global fintechs to be licensed across all 50 states, according to a press release.
"We're pleased our low-cost, convenient service is now offered in every state, giving more customers access to our highly-rated service," Ismail Ahmed, founder and CEO of WorldRemit, said in the release. "The strong growth of our U.S. business demonstrates consumers’ appetite for our simple-to-use service which saves them time and money."
WorldRemit is also celebrating Immigrant Heritage Month in the U.S., with a countrywide consumer campaign, highlighting the contribution of immigrants to American society. The campaign has been supported by names such as Joshua Kissi, founder of diverse stock imagery site, Tonl.co and Miriam Morales from Orange is the New Black with many more being unveiled throughout June.