Zepz

International money transfers

Zepz logo
501-1000 employees
  • Fintech
  • B2C
  • Personal finance
  • Payments
Westminster, London, UK

Company mission

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

Top investors

44% employee growth in 12 months

Our take

Despite advances in the sector, the experience of international money transfers continues to be rather poor. The vast majority of cross-border payments are done offline and are characterized by high fees, tedious administration, and slow processing.

Zepz exists to change this with a digital cross-border payments platform, aimed primarily at parts of the world that have been underserved by the digital revolution. This is a trillion-dollar market where legacy firms such have long held a virtual monopoly. But Zepz stands out from existing offerings with transaction times counted in minutes rather than days or weeks.

After dealing with the choppy economic conditions of 2022 and 2023, the company pushed back its planned IPO. It has now carried out a major restructuring and, with a more efficient structure, is continuing to push towards its goal of unlocking the prosperity of cross-border communities. This includes driving expansion in African countries.

Freddie headshot

Freddie

Company Specialist at Welcome to the Jungle

Benefits

  • Unlimited Annual Leave for most Zepz team members (or competitive holiday allowance and four recharge days a year)
  • Private Medical Cover
  • Pension schemes to help you plan for and secure your future
  • Competitive parental leave schemes
  • Life Assurance

Funding (last 2 of 11 rounds)

Oct 2024

$267m

GROWTH EQUITY VC

Aug 2021

$292m

SERIES E

Total funding: $921.7m

This company has top investors

Leadership

Is also Group CEO of WorldRemit and Sendwave. Previously was COO of Bill.com and CEO of Invoice2Go.