World First UK Closes Minority Equity Investment
World First UK Limited, a London, UK-based provider of foreign exchange, international payment and hedging solutions, closed a minority growth equity investment.
The round – of undisclosed amount – was led by FTV Capital, with participation from Industry Ventures and StepStone Group.
The company intends to use the funds to accelerate expansion plans.
Founded in 2004 by Jonathan Quin, CEO, and Nick Robinson, World First provides corporate and private clients throughout the world with international currency, payment and hedging solutions. It leverages a proprietary technology platform that automates and streamlines transactions. The company has transacted with over 29,000 private clients and 5,500 companies and processes over $10 billion of volume annually.
It also has offices in Australia, the US and Singapore.