Podcast: Somali-born entrepreneur is CEO of global money transfer service #FounderStories

April 5, 2017 (3 weeks ago)
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Headquartered in London, WorldRemit has over 360 employees and is considered one of the fastest growing money transfer services sending money from 50 countries to 148 countries

, NAIROBI, Kenya, Apr 5 – 10 years ago, when M-Pesa was being launched in Kenya, Ismail Ahmed was in Nairobi working for the UN and closely following the debut of the mobile money service.

He instantly knew M-Pesa was going to be revolutionary when he started using the service. Four years later, he left the UN to start WorldRemit, a global money transfer service that has now grown to facilitate 600,000 transactions per month.

In January 2017, WorldRemit customers transferred more than $140m to Kenya, making WorldRemit one of the largest remittance companies serving the Kenyan diaspora.

Headquartered in London, WorldRemit has over 360 employees and is considered one of the fastest growing money transfer services sending money from 50 countries to 148 countries. The company has just closed $200 million in investments, 6 years after it make its fast transaction.

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