Mike Ward: The ability to land one client at a time is not necessarily as scalable. You have so many people trying to do it. It doesn’t create a unique acquisition channel out there. That one to many is a unique opportunity. There are people out there with API’s who are landing one to many and partnering with
Sramana Mitra: You have a third segment that you wanted to talk about? Mike Ward: Those are all the three: corporate, and I believe I touched on consumer and e-commerce. Sramana Mitra: You touched on consumer and e-commerce. I don’t think you elaborated on the corporate. Mike Ward: From a corporate perspective, it covers many different
Sramana Mitra: What are some of the use cases? Mike Ward: Private clients today might be an expat living abroad for a few years. You might have a consumer who is studying abroad. We pay part of that tuition for them. They could be buying a vacation home. From a corporate perspective, they might have their own website.
In an increasingly globalized world, currency transfer is becoming increasingly digital. Sramana Mitra: Let’s start by introducing our audience to World First as well as yourself. Mike Ward: I’m the Chief Revenue Officer for World First for the global business unit. It was started in 2004. Jonathan Quinn and Nick Robinson were our two founders based out