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London fintech business WorldRemit valued at close to £500 million as it raises $40 million

WorldRemit raises $40 million (£29.7 million) "Series C" from LeapFrog Investments, Accel Partners, and Technology Crossover Ventures. The money will be put towards global expansion, with WorldRemit targeting 10 million customers by 2020. LONDON — Mobile money transfer service WorldRemit has raised $40 million (£29.7 million) from LeapFrog Investments and existing investors Accel Partners and Technology Crossover Ventures.
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