Small World
Roll-up of ethnically-focussed, international money transfer businesses.
Small World has, through a series of successful acquisitions,
become a leader in the highly attractive European money transfer
industry. With over £600 million of transaction volume, the
business is the largest independent and third largest overall
provider of money transfer services in Europe. Headquartered in
London, the company operates a pay-in network of more than 60
stores and 1,500 agents throughout eight countries, with a payer
network in excess of 70,000 outlets in over 85 countries.
MMC backed the Small World team (including ex-MMC employee,
Ricky Knox) from a business plan.
With our support has grown from start-up to 3rd largest money
transfer agent in Europe with $1b in annual transactions.
Vital statistics
- Investment manager:
- Alan Morgan
- Company website:
- http://www.smallworldfs.com
- Industry sector:
- Consumer, Financial services
- Deal type:
- Growth stage
- Co-investment partner:
- Flemings Family Partnership
- Initial investment date:
- 2007
- Status:
- Current
Company news
6 June 2011
Ian Taylor, Group Head of IT at SWFS, describes how switching
from Microsoft Exchange to Google Apps saves his business over
£80,000 / year.
27 July 2011
Small World Financial Services Group, backed by FF&P
Private Equity and MMC Ventures, has bolted Choice Money Transfer
on for an undisclosed sum.
15 March 2011
Since original investment now the market leading Independent
Money Transfer Operator in Europe
