WorldRemit

WorldRemit is a global money transfer service that allows users to send money internationally to over 130 countries through its mobile app. It offers various payout options including bank deposits, cash pickups, and mobile money, emphasizing low fees, transparent exchange rates, and fast transfer times. The service is designed for individuals sending money to friends and family overseas.

WorldRemit primarily focuses on international money transfers, which aligns with the 'Instant P2P Transfers' feature, although it's not peer-to-peer in the same sense as Cash App (it's more about sending money to recipients via various methods like bank deposit, cash pickup, mobile money). It also mentions 'Industry-leading technology protecting your money at all times', which suggests fraud monitoring and security. However, it lacks the other core features of Cash App such as a prepaid debit card, early direct deposit, stock trading, or bitcoin trading. The target audience and core value proposition are different, focusing on international remittances rather than a comprehensive mobile banking and investing platform.