WorldRemit chooses Australia as Apac base

The mobile money transfer service said Australia is its biggest market after the UK and a base for planned growth in the Asia-Pacific region.

Mobile money transfer service WorldRemit, which claims to be the UK’s fastest-growing technology firm, has chosen Australia as its base in the Asia-Pacific region. WorldRemit customers in Australia now send around 80,000 transfers a month, representing year-on-year growth of nearly 100%.

The company has also appointed Michael Liu as regional director for Asia-Pacific. Based in Australia, he is responsible for business development, building relationships with banks, telcos and other partners, and driving customer growth. Liu has over 20 years of experience in the financial services industry and was most recently an executive director at UBS Investment Bank.

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