Zepz teams up with dLocal after $267 million raise to boost cross-border payments
The partnership aims to tackle financial access barriers in Africa, Asia, and Latin America, where millions are excluded from traditional banking systems.
Zepz
Somali tycoon Ismail Ahmed’s Zepz raises $267 million to expand in Africa
The venture capital firm Accel, along with Leapfrog and TCV, led the latest funding round for Zepz.
Meet Ismail Ahmed: Somali tycoon leading $5-billion payment platform, Zepz
Ahmed’s dedication to financial inclusion transcends the confines of Zepz, positioning him as a true agent of change on the international stage.
Somali tycoon Ismail Ahmed’s Zepz to end 2022 in profit
Zepz reported a loss of $151 million at the end of its fiscal year in 2021.
Somali tycoon Ismail Ahmed’s Zepz denies delays in $6-billion IPO
Zepz, the parent company of WorldRemit, stated that it has yet to formally announce an IPO timeline.
Somali businessman Ismail Ahmed’s WorldRemit now has over 5.7 million customers globally
WorldRemit has serviced 5.7 million users in 130 countries, utilizing 70 different currencies.