Zepz, an international money transfer service group, has secured $267 million in funding led by Accel, with participation from Leapfrog, TCV, and the International Financial Corporation (IFC), which committed up to $20 million. The funding will support Zepz’s entry into new markets and the rollout of new products, including the Zepz Wallet. Known for serving over 10 million customers across 130 countries, Zepz plans to use this investment to continue its growth trajectory after facing restructuring challenges and a postponed IPO in 2022.
Remittance Firm Zepz Raises $267m
