Ismail Ahmed: Taking Remittances To a New Level

As a youth, Ismail Ahmed was forced by the outbreak of civil war to escape his homeland – Somaliland – and take refuge in the UK. Today, the company he founded is one of the most successful money transfer companies in the world. Profile by Omar Ben Yedder.

At the end of August this year, WorldRemit, one of the leading players in the world of international money transfers, put in a reported $500m bid for the takeover of the US app-based remittance company Sendwave. Not bad going for a company that was founded only 10 years ago by a Somali entrepreneur, Ismail Ahmed.

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