Jump to section
To unlock the prosperity of cross-border communities through finance and technology.
44% employee growth in 12 months
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
Company Specialist at Welcome to the Jungle
Oct 2024
$267m
GROWTH EQUITY VC
Aug 2021
$292m
SERIES E
This company has top investors
Mark Lenhard
(CEO)Is also Group CEO of WorldRemit and Sendwave. Previously was COO of Bill.com and CEO of Invoice2Go.