TCV, Accel and Leapfrog Investments completed the investment in WorldRemit in $175m Series D funding.

TCV, Accel and Leapfrog Investments completed the investment in WorldRemit, a mobile payments company, in $175m Series D funding led by returning investors. "Over the past eight years, Ismail and his founding team have built a fantastic business that offers customers a compelling solution and value proposition. Since passing the reins to Breon and the new management team last year, the business has continued to build on this platform and accelerated. We believe the opportunity and proposition is larger than ever. In 2018, mobile and online payments to emerging markets reached a record high of $528bn and we expect this number to increase. As WorldRemit handles a growing share of this market, we look forward to continue working with the company to scale its digital platform and expand its service to reach many new customers across the globe," John Doran, TCV General Partner.