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Ismail Ahmed    

Founder WorldRemit United Kingdom

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. Every transaction meant an epic journey across the city to an agent who charged a small fortune in fees to send modest amounts of money.

It seemed wrong to Ismail that an industry handling billions of dollars every year should deliver such poor service to its customers. Even then, he knew that change was needed. Over the coming years Ismail worked with a number of remittance businesses as well as international policy makers.

As an advisor to the United Nations, he helped companies comply with tough new money transfer regulations, introduced after the 9/11 terrorist attacks. In 2010, Ismail decided that the time and technology were right to shake-up this stagnant industry and he founded WorldRemit.

News


WorldRemit's Ismail Ahmed thinks mobile money accounts are the ...

WorldRemit founder and CEO Ismail Ahmed took the stage at TechCrunch Disrupt London to talk about his company and his views on the future of remittances...

Refugee Turned Fintech Chief Aims to Upend a $444 Billion Market ...

Refugee, economist, whistle-blower, entrepreneur -- Ismail Ahmed has played many roles in his odyssey from war-torn Somalia to London's fintech frontier.

Whistleblower used payout to start business helping the world's poor

As a kid, Ismail Ahmed's family used to depend on remittances. He later founded WorldRemit, a money transfer platform that allows people in over 125 countries ...

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