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How to buy WorldRemit stock when it goes public

Here's everything we know so far about the WorldRemit IPO.

London-based WorldRemit was founded in 2010 by Ismael Ahmed, Catherine Wines and Richard Igoe. It provides money transfer services to more than 50 countries.

What we know about the WorldRemit IPO

WorldRemit appointed Spotify chief financial officer Paul Vogel to its board of directors in a move some insiders say suggests the company is moving forward with its long-rumored initial public offering.

Sources close to the deal say WorldRemit could go public in 2021. Goldman Sachs Group and JPMorgan Chase & Co. are reportedly working with the money transfer company on the deal, but neither bank will confirm these rumors.No filing has been made yet, but we will update this story when more information is available.

How to buy WorldRemit stock when it starts trading

Once WorldRemit goes public, you'll need a brokerage account to invest. Consider opening a brokerage account today so you're ready as soon as the stock hits the market.

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  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.

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How do similar companies perform?

It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. Looking at the performance of similar companies can help you decide if now is a good time to buy WorldRemit stock.

See how the following stocks are performing, and view details like market capitalization, the price-to-earnings (P/E) ratio, price/earnings-to-growth (PEG) ratio and dividend yield.

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