Founders Jonathan Quin and Nick Robinson believe their company set a world record recently: one of the foreign-exchange broker’s customers saw euros arrive in his German bank account less than seven minutes after he booked a rate and transferred the sterling equivalent to World First. The company says this could be the fastest “end-to-end” transaction ever, as a result of its proprietary technology. With 35,000 private and 9,000 corporate clients, mainly in Britain and Australia, the London company grew profits by 45% a year, from £1.3m in 2008 to £3.8m in 2011.
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