Market Research Report: Zepz

Company Overview

Name

Zepz

Mission

Unlocking the prosperity of cross-border communities through finance and technology.

Founding Information

Founded: 2021
Key Brands: WorldRemit and Sendwave

Key People

• Mark Lenhard: CEO, Zepz (WorldRemit + Sendwave)

Headquarters

No information is available

Number of Employees

• Global Employees: Over 1,400 people

• Offices Worldwide: Numerous offices globally, with team members across six continents

Revenue

No information is available

Company Recognition

• Cross-border communities sent over $15bn in 2023

• Over 50 countries send to recipients in 130 countries

• Operates over 2,800 money transfer corridors worldwide

What the Company is Known for

Zepz powers two leading global payments brands, WorldRemit and Sendwave, known for disrupting the remittance industry by making international money transfers online. They focus on reducing costs, increasing safety, and enhancing convenience for users.

Products

WorldRemit

• Product Description: A fast and secure way to send money on the go.

• Key Features:

• Free app download to send money online in minutes to over 130 countries.

• Ability to track payments and view transaction history from anywhere.

Sendwave

• Product Description: Transfer money safely, affordably, and instantly to friends and family in Africa and Asia.

• Key Features:

• Trusted by over 400,000 users.

• Operated by Zepz and authorized to transmit money in the US, Canada, the UK, and the EU.

• Offers a wide range of options for receiving money, including bank deposits, cash collection, mobile airtime top-up, and mobile money.

• 24/7 support.

• Fast and convenient money transfers with zero transfer fees.

Recent Developments

Campaigns and Awards

• "I*mMigrant" Campaign: Won Gold in the Financial Services category and Silver in the Inclusive Marketing category at the DMA UK awards.

• Financial Times Tech Champions Awards 2023: WorldRemit was named a winner in the Banking, Payments, and E-commerce category.

Organizational Initiatives

• Associate Engineering Program: Successfully guided 12 South African engineers through a 12-month program, transitioning them into full engineering roles in 2024.

• ZepzFest 2023: A virtual event featuring tech talks, customer sessions, and employee awards.

New Features and Product Enhancements

No information is available

New Partnerships

No information is available