5 companies owned by Somali businessman Ismail Ahmed
Ismail Ahmed is more than just a titan of the fintech industry. He’s a visionary leader, a philanthropist, and a testament to the power of perseverance.
Ismail Ahmed is more than just a titan of the fintech industry. He’s a visionary leader, a philanthropist, and a testament to the power of perseverance.
Ahmed is the co-founder of Zepz, a conglomerate housing globally acclaimed payment giants WorldRemit and Sendwave.
Zepz has continued to thrive, with its total funding increasing from $699.7 million to $800 million in two years.
Zepz reported a loss of $151 million at the end of its fiscal year in 2021.
Zepz, the parent company of WorldRemit, stated that it has yet to formally announce an IPO timeline.
WorldRemit was founded by Ahmed, Richard Igoe, and Catherine Wines in 2010.
WorldRemit has serviced 5.7 million users in 130 countries, utilizing 70 different currencies.
WorldRemit founder Ismail Ahmed has launched a $500-million fund to support education, healthcare and infrastructure development in his native Somaliland.