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Viamericas Raises $113.6 Million to Expand Global Remittance Network Serving 95 Countries
Viamericas, a leading provider of remittance and international money transfer services, announced it has raised $113.6 million to accelerate expansion of its global remittance network and enhance digital payment platforms serving families across 95 countries.
The company’s extensive network reaches more than 300,000 payout locations in 95 countries, with direct account deposits to more than 2,700 major banks and 107 mobile wallets worldwide. This infrastructure gives families greater flexibility and security when sending money to loved ones across borders.
The funding comes as global remittances continue to grow in importance, playing a vital role in connecting families and supporting economic stability worldwide. Viamericas’ combination of agent-based services and digital platforms positions the company to meet increasing demand for faster, more secure cross-border payment solutions.
The funding was led by Old National Bank, with participation from Bank of Oklahoma Financial, Axos Bank and U.S. Bank. FT Partners served as the exclusive strategic and financial advisor to Viamericas on this transaction.
“Viamericas has been a long-time partner demonstrating strong growth and financial performance,” said Roger Kallal, Corporate Banking SVP at Old National Bank. “Over the past year, they have enhanced their real-time remittance capabilities, underscoring a strong commitment to innovation and growth. These initiatives, combined with its dedication to accessible and reliable financial services, further strengthen its position as a trusted partner.”
“This funding strengthens our long-term partnership with our bank partners and accelerates our mission of helping families connect and thrive,” said Joseph Argilagos, Executive Chairman and co-founder of Viamericas.
Paul Dwyer, Chief Executive Officer and co-founder noted, “With this strong demonstration of support from our bank partners we can now expand more rapidly to deliver the fast, safe and secure services that help people support their loved ones back home.”
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