Equistone Partners closes Small World Financial buy
Summary
Small World has made use of cutting-edge technology for a quick and secure payment experience, low charges and competitive exchange rates for its customers.Since being founded by CEO Nick Day in 2005, Small World has assembled an extensive proprietary international payments infrastructure, providing customers with access to instant account credits, cash collection through a worldwide banking network and instant payments to mobile wallets.Small World places strong emphasis upon regulatory compliance, relationships with partner banks, and innovative technology to provide a fast, reliable, and good value service to its customers.“The partnership with Equistone will continue to accelerate the achievement of our goals and provide the funding to drive future growth.We believe we are well-positioned to continue growing and are focused on extending our multi-channel service proposition into new territories, as well as pursuing bolt-on acquisitions and launching new payment corridors.