VENTURE CAPITAL / PORTFOLIOprivate Equity / PORTFOLIO

OrbitRemit

OrbitRemit is a Wellington-based fintech which has developed a proprietary digital platform which specialises on international money transfers. Serving individuals and businesses across Australia and New Zealand, OrbitRemit provides a platform for sending money to over 50 countries. With competitive exchange rates, low fixed fees, and a user-friendly mobile app, customers can enjoy fast, secure, and transparent transactions. Licensed and regulated in multiple jurisdictions, OrbitRemit has a loyal customer following.

Five V Capital invested in OrbitRemit due to its strong market presence and commitment to simplifying cross-border payments. The company's focus on digital innovation, customer-centric services, and operational efficiency positions it for sustained growth in the global cross-border payments industry.

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NUMBER OF EMPLOYEES

49

HEADQUARTERS

Wellington, New Zealand

ownership

Majority Partnership

Stage of investment

Fund IV | Current

key initiatives

Growth

industry

Cross Border Payments

investment date

July 2024