Small World uses proprietary technology to help people send money abroad from its branches and agents in 20 countries. It has a network of institutions paying out the money in 160 countries and says it processes 750,000 transactions a month. Its services are popular in Spain, Italy, Switzerland and America, and it generated £49.6m in fees and foreign exchange gains last year. Co-founder and chief executive Nick Day, 39, plans to expand in France and Germany.
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