Industries Banking/Finance

Online money-transfer service expands to Virginia

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WorldRemit, an online money-transfer company, has expanded its service to Virginia.

The London-based company says that, with its app, customers can use their mobile phones to  transfer money to people in more than 125 countries.

The company notes that more than 1 million of Virginia’s 8.3 million residents were born in other countries.

The U.S. is the world’s biggest sender of remittances with more than $56 billion sent overseas each year, according to the World Bank.

WorldRemit now is available in 45 states.




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