[3] WorldRemit was founded in 2010 by Ismail Ahmed, a former compliance advisor to the United Nations Development Programme.

Breon Corcoran left the organization in August 2022,[6] when Mark Lenhard, former COO of bill.com, was appointed Group CEO of Zepz.

It is connected to mobile money services globally, including Zaad (Somaliland/Northern Somalia), M-Pesa (Kenya), MTN (Africa and Asia), and bKash (Bangladesh).

[16] In 2017, the firm received $40 million in their Series C round of funding, with LeapFrog Investments as the lead investor.

[3] In 2019, it raised a $175 million Series D funding round, led by TCV, Accel, and Leapfrog Investments.