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During his tenure WorldRemit acquired SendWave and Zepz was created as the group business housing both the WorldRemit and SendWave brands and businesses. Breon Corcoran left the organization in August 2022, [6] when Mark Lenhard, former COO of bill.com, was appointed Group CEO of Zepz. [7]
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While studying in the UK, Ahmed worked in a number of part-time jobs, including strawberry-picking in Kent, and sent money home to family in Somaliland. [4] [6] The act of sending money home was important to him, following the tradition of other family members who worked abroad that did the same to support those in need back home in Somaliland.
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Payoneer was founded in 2005 with $2 million in seed funding from founder and then-CEO Yuval Tal and other private investors. 83North (Greylock Israel) [7] led an additional $4 million in funding in 2007, [8] with additional investors including Carmel Ventures, Crossbar Capital, Ping An, Wellington Management, Susquehanna Growth Equity, [7] Naftali Bennett [9] and Nyca Partners.
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