- Yugabyte officially established its presence in EMEA in May with the opening of its European HQ in Surrey
- The London-based payments firm has agreed to take a software subscription for Yugabyte’s high-performance distributed SQL database, in addition to full global 24×7 support
Yugabyte has announced a new EMEA customer win, with global digital money transfer service leader WorldRemit. The London-based payments firm has agreed to take a software subscription for Yugabyte’s high-performance distributed SQL database, in addition to full global 24×7 support.
Mark Watson, Chief Technology Officer, WorldRemit said, “Technology resilience is fast becoming a regulatory and business obligation in the fast-growth fintech industry, and we see YugabyteDB as a key component in the way we address that challenge.”
Yugabyte officially established its presence in EMEA in May with the opening of its European HQ in Surrey. It is accelerating its business and team growth across the region.
WorldRemit serves 5.7 million customers using 70 different currencies across 130 countries worldwide and offers multiple zero-fee options for sending transfers overseas, including bank deposit, mobile money and cash pickup.
Given this, WorldRemit selected Yugabyte to improve resilience and scalability, and accelerate the firm’s on-going digital transformation strategy from monolithic applications to a multi-cloud microservices architecture, supported by extensive use of the Postgres open source database.
Martin Gaffney, Vice President, EMEA, Yugabyte, commented, “It’s a huge honour to have been chosen by such an important and ambitious financial services leader as WorldRemit. We are excited to support the next phase of its digital transformation journey, and appreciate that this decision was confirmed after extensive real-world stress testing of our tech capabilities, to prove only our approach to cloud transaction support can truly deliver.”