Five years ago, launching a decent streaming platform took millions. Now? A teenager with a laptop can build something that reaches millions. That shift…
Bagging $100m: how WorldRemit is filling Africa’s remittance market gap
Founded in 2010 by Somali entrepreneur Ismail Ahmed, WorldRemit — a London-based tech startup providing low-cost international money transfers — made headlines a few weeks ago when it raised US$100-million in series B funding.
Having personally experienced the frustrations of using traditional money transfer agents, WorldRemit’s founder Ahmed set out to create a service that would use technology to improve the sending process, enhance compliance and reduce the costs for the customer.
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