Facebook’s WhatsApp Hires Senior Exec From London Remittances Startup: Sources

www.oann.com | 9/14/2017 | Staff
marked (Posted by) Level 4
NEW YORK/LONDON (Reuters) – Facebook Inc’s WhatsApp has hired a senior executive from London-based money transfer startup WorldRemit, three people familiar with the matter said this week.

WorldRemit’s chief product officer, Alice Newton-Rex, will join WhatsApp’s product team later this year to work on the app’s messaging service, one of the people said.

Newton-Rex - Requests - Comment

Newton-Rex did not respond to requests for comment.

WhatsApp is one of the world’s most popular messaging tools, with more than 1 billion users in over 180 countries. It has been expanding its team in Europe, including in London.

Fintech - Startup - WorldRemit - Ismail - Ahmed

A well-known European fintech startup, WorldRemit was founded in 2010 by Ismail Ahmed, an entrepreneur from Somaliland, to give consumers an easier and cheaper way to make international money transfers online. The company has 4 million customers and offers services in 150 countries. It has raised $375 million in funding.

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