Congratulations to WorldRemit on being one of the first global fintechs to achieve licenses in all 50 states. This enables customers across the country to use the company's fast, convenient service, which specializes in immigrant money transfers.
The US has more than 40 million immigrants, and the latest data from the World Bank shows that official remittances sent from the US has increased to $66 billion. The US is WorldRemit’s fastest growing market with transactions growing more than 160% in the past year. The country is set to become the company’s largest send market by the end of 2018 and will account for 40% of global revenue over the next few years.