Five V Invests in OrbitRemit

Five V Capital is excited to announce our investment in OrbitRemit: a digital cross-border payment platform supporting fast, transparent and cost-effective transfers around the world.

OrbitRemit was founded in Wellington in 2008 by Tommy Heptinstall and Robbie Sampson, with the ambition of creating a seamless trusted experience for migrant communities and people living abroad. Since then, the platform has grown to become a trusted, technology-led solution facilitating digital remittances across 25+ countries.

Five V is looking forward to partnering with Robbie, Tommy and the OrbitRemit team to drive the next phase of technology, team and global growth.

Five V's Murray Schnuriger said: We are excited to be part of the next stage of the OrbitRemit journey. Partnering with Robbie, Tommy and the wider OrbitRemit team we will look to grow OrbitRemit’s fantastic digital foreign currency platform, which currently serves over 100,000 loyal active customers. We are committed to continuing to support OrbitRemit’s purpose of providing a safe, fast and low-cost way to transfer currency from both New Zealand and Australia to an even larger community of customers.

OrbitRemit’s Tommy Heptinstall stated: OrbitRemit is thrilled to announce its partnership with Five V, a leading investment firm. This partnership marks a big milestone in OrbitRemit's journey to enhance its platform and expand its global reach. With Five V's strategic investment and expertise, OrbitRemit is poised to accelerate innovation and deliver even greater value to its customers. Together, we are committed to making international money transfers more efficient, secure, and accessible for ever.

Thank you to our advisors: PwC, Minter Ellison Rudd Watts, CTO Labs and BCG.