WorldRemit

WorldRemit's founder Ismail Ahmed first saw the opportunity to improve money transfers while at university. Studying in London, he needed to send money to family members in Africa. The online service enables people send money to friends and family living abroad, using a computer, smartphone or tablet.

Organisation details

WorldRemit London Technology Week - Convergence Hero
Company:
WorldRemit
Type:
Fintech
Twitter:
@WorldRemit
Website:
worldremit.com

When you connect London’s tech and financial smarts with the vast array of different communities in the UK who want to remit their money, you have the potential for a world-class disruptor. The company, which was founded in 2009, has raised approximately £130m in a series of funding rounds and is now in global growth mode.

WorldRemit’s low-cost alternative service is available to senders in 50 countries, offering transfers to more than 125 destinations, with more than 400,000 transfers being made each month.

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