London-based WorldRemit was founded in 2010 by Ismael Ahmed, Catherine Wines and Richard Igoe. It provides money transfer services to more than 50 countries.
WorldRemit appointed Spotify chief financial officer Paul Vogel to its board of directors in a move some insiders say suggests the company is moving forward with its long-rumored initial public offering.
Sources close to the deal say WorldRemit could go public in 2021. Goldman Sachs Group and JPMorgan Chase & Co. are reportedly working with the money transfer company on the deal, but neither bank will confirm these rumors.No filing has been made yet, but we will update this story when more information is available.Once WorldRemit goes public, you'll need a brokerage account to invest. Consider opening a brokerage account today so you're ready as soon as the stock hits the market.
It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. Looking at the performance of similar companies can help you decide if now is a good time to buy WorldRemit stock.
See how the following stocks are performing, and view details like market capitalization, the price-to-earnings (P/E) ratio, price/earnings-to-growth (PEG) ratio and dividend yield.Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.
Finder is not an adviser or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.
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