- I’m the co-founder of WorldRemit. It’s an online remittance business which targets helps migrants send money back home. We’re seven years old. We very much wanted to disrupt the remittance sector, which was very traditional until then. This means that when people wanted to send money back home they had to first withdraw cash, then go to a shop, queue and send the money, while the person on the other end would have to go to a shop and collect the money. Our mission was to make it more convenient, secure and fast – but also cheaper, because remittance was dominated by a few players and the cost was very, very high. We did that by using technology to be able to make it easier, so that people could just go on a website or use our app to do a transaction very quickly,
Read more;
http://blogs.lse.ac.uk/businessreview/2017/11/03/catherine-wines-international-remittances-help-people-directly-interview/
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