Investor Type | Firm |
Industries | Software (Web Marketplace Saas..) |
Stages | Angel, Seed |
Investing | United Kingdom |
WorldFirst is a financial services platform that offers global business solutions for individuals and enterprises engaging in international trade. They specialize in providing an all-in-one multi-currency account that assists businesses in growing globally, focusing on helping online sellers, dropshippers, importers, and exporters streamline their financial transactions across borders. Through their World Account, customers can collect payments from marketplaces and clients, pay business partners, and manage funds in over 40 currencies. These capabilities facilitate seamless pay-ins and payouts, enabling businesses to pay suppliers, including in challenging markets like China, and convert currency with competitive FX rates. WorldFirst aims to provide fast and secure account opening, global collections, and seamless payments to over 200 countries in more than 90 currencies. The platform allows businesses to send up to 200 payments at home and abroad in a single transaction. WorldFirst also offers tools for managing team accounts and integrating with accounting software such as Xero. By partnering with leading banks such as JP Morgan, Barclays, and Citibank, they maintain a secure transaction environment, underscored by their licensing for over 60 financial services. They cater to online sellers on platforms like Amazon and eBay, enabling them to receive payments efficiently. Additionally, WorldFirst is part of Ant International, and within its ecosystem, it provides various payment services, playing a vital role in the global e-commerce and business payment space, serving customers in over 200 countries across six continents.