For Ismail, founding WorldRemit was the culmination of 20 years’ experience in the money transfer industry – spanning academic, consulting and in-house roles. Before setting-up his own business, he worked for the United Nations Remittance Programme, helping African money transfer companies comply with tough anti-money laundering rules introduced after the 9/11 attacks. Ismail has published widely-cited research on the effect of remittances in Somaliland following the country’s civil war. He holds an MSc and PhD from the University of London and an Executive MBA from London Business School.
We know how important it is to send money to your loved ones when they most need it. At WorldRemit, we ensure it’s quick, secure and convenient. But most importantly, by offering better exchange rates than most conventional banks and money transfer providers, we make sure your hard-earned money goes further.
As a student in London in the 1980s, Ismail Ahmed needed to send money home to his family in East Africa. Every transfer meant a long journey to an agent who charged a small fortune in fees. In 2010, he decided to try to make a difference in an industry that supports millions of people exactly like him.