Startups
Zepz
https://zepzpay.comMoney transfer service helping migrants send funds to their loved ones worldwide.
Summary
Insights
This section hypothesizes why Zepz can be a $10 billion dollar company in 10 years, in 10 lines or less.
Zepz, based in London, addresses the needs of migrants sending money to their families worldwide. Its user-friendly interface, lower fees, and faster transfer times give it an edge over traditional banks and competitors like Western Union, known for higher fees and slower services. Leveraging fintech innovations, Zepz offers secure and efficient transactions, appealing to this market segment. Backed by Accel, Zepz is well-positioned to scale operations and capture a significant share of the international money transfer market for migrants.
Total funding Amount
$700M
Fundraising History
-
Aug 01 '21 Series E$290M
Investors
-
Series E