Xoom partners with Sampath Bank

xoomXoom Corporation (NASDAQ: XOOM), a leading digital money transfer provider, today announced the launch of its money transfer service to Sri Lanka. Xoom has partnered with Sampath Bank, one of the largest banks in Sri Lanka, to offer instant deposits to Sampath Bank accounts in Sri Lanka. Furthermore, Xoom will also provide bank deposits within 24 hours to other banks in Sri Lanka, including Hatton National Bank, Bank of Ceylon, Peoples Bank, Commercial Bank, and more. With the addition of Sri Lanka, Xoom’s money transfer services now reach 33 countries

“We are delighted to extend Xoom’s services to the Sri Lankan market,” said John Kunze, Xoom’s President and CEO. “With our breakthrough technology, Sri Lankans in the U.S. can securely, conveniently, and cost-effectively send money to their friends and family back home.”

“Sampath Bank is very proud to announce its partnership with Xoom,” said Mr. Kusal De Silva, Senior Manager of Remittances at Sampath Bank. “This is yet another step by the bank to provide an even more convenient service for its customers. Through our collaboration with Xoom, families in the U.S can send money to their loved ones in Sri Lanka instantly and safely.”

About Xoom
Xoom is a leading digital money transfer provider that enables consumers to send money to and pay bills for family and friends around the world in a secure, fast and cost-effective way, using their mobile phone, tablet or computer. During the 12 months ended December 31, 2014, Xoom’s more than 1.2 million active customers sent approximately $6.9 billion with Xoom. The company is headquartered in San Francisco and can be found online at www.xoom.com.

About Sampath Bank

Sampath Bank is one of Sri Lanka’s leading and most established banks and is quoted on the Colombo Stock Exchange.