WorldRemit Raising Funds Ahead of Possible $5B IPO - NewsBreak

The London-based money transfer startup WorldRemit is preparing to raise cash at a valuation of roughly $5 billion ahead of a potential initial public offering (IPO). As Bloomberg News reported Friday (August 20), the company is in discussion with investors about the funding. Sources told Bloomberg details of the deal could change and that the IPO could come as soon as 2022, although the company had considered going public earlier this year.