Equistone acquiring majority stake in Small World FS
Equistone Partners Europe has announced that it has signed an agreement to acquire a
majority stake in Small World Financial Services, a leading international, UK-headquartered, multi-channel, cross-border payment service provider. Since being founded by CEO Nick Day in 2005, Small World has assembled an extensive proprietary international payments infrastructure, providing customers with access to cash collection through a worldwide banking network, fast direct-to-account payments, and loading of mobile wallets.
The company 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.