Financial Services

Interim CMO

Stabilized marketing after four CMO turnovers, driving 110%+ YoY acquisition growth and dramatically reducing churn in six months.

WorldRemit

Interim CMO

The Client

WorldRemit
Company
WorldRemit
Industry
Financial Services
Headquarters
london, united kingdom
Employees
501-1000

About WorldRemit

WorldRemit is a digital-first international money transfer service that enables consumers to send remittances online or via mobile app to over 130 countries, using bank transfer, cash pickup, mobile money, and airtime top-up as receive methods. It is a brand of Zepz Group (formerly WorldRemit Group), which also owns Sendwave, and serves over 8 million…

The Challenge

WorldRemit, a global payments platform boasting over 5 million active users, faced organizational turbulence, with four CMO turnovers within eight months leading to a dramatic decrease in marketing performance. Chameleon Collective was called upon to restore order, revitalize strategy and marketing operations, and, ultimately, drive growth.

Our Approach

Onboarding remotely due to COVID-19 restrictions, our first action was to connect individually with all employees within the first two weeks, gaining vital insights and data for our plan. Using this information, we rapidly outlined a new marketing strategy aimed at immediate performance improvement and clarified the brand's purpose across all POE channels. Simultaneously, we restructured the team, establishing seamless integration between marketing, product, customer service, and operations divisions. An added focus was the incorporation of a content practice, enhancing WorldRemit's overall communication strategy. Empowered to drive fast changes, we implemented novel processes, strategies, and executions within a span of three months.

The Impact

Our swift action resulted in a dramatic reduction in churn, while acquisitions surged more than 110% YoY, enhancing brand awareness across all major markets. Over six months, we not only stabilized the WorldRemit team but also developed scalable programs, priming the firm for its journey towards becoming a unicorn in the payments industry.

The Work

110%+

year-over-year growth in acquisitions

Featured Expert

The Chameleon who led this engagement.

Practice Areas

Campaign ManagementProduct MarketingBrand MessagingPositioning StrategyCustomer Experience ManagementMarketing StrategiesBrand PositioningKPI ManagementProduct Roadmap ManagementLogistics Support ActivityInterim ManagementBranding

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