Zepz, the parent company of WorldRemit and Sendwave, secured a significant €152 million financing facility to improve its global money transfer services. This new funding, led by HSBC, replaces a previous arrangement and will enable Zepz to invest in faster, more affordable, and more reliable cross-border payments. The company, founded in 2021, facilitates millions of monthly transactions across numerous countries. Zepz's mission is to reduce financial barriers for migrants, and this investment reflects market confidence in its growth and leadership in the remittance sector.
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