After a career at the UN, Somali-born Ismail Ahmed, 56, started WorldRemit in 2010 as an alternative to expensive high street money-transfer services. In the past two years the company has raised $185m (£144m) from venture capital firms, including a $100m round led by the Silicon Valley investor TCV in February last year. Every month, the London outfit processes more than 400,000 online money transfers, involving more than 50 countries. Sales — in essence, commission — grew to £26.8m in 2015.
|Activity||Money transfer provider|
|Average 3 year sales growth||180.35%|
|Latest sales £000s||26,813|
* supplied by company † annualised figure