Fintech startup Worldremit poaches former Paddy Power chief as its next boss

London money transfer fintech startup Worldremit has today revealed former Paddy Power Betfair chief Breon Corcoran will be its newest chief executive.

Corcoran joins the fintech as it hurtles towards so-called unicorn status – a company worth over $1bn (£764.6m) – after successfully managing the merger of betting firms Paddy Power and Betfair in 2016.

Worldremit’s current founder and chief executive Ismail Ahmed, meanwhile, will move up to become the firm’s executive chairman.

“Breon’s reputation for developing a consumer-first culture makes him an ideal candidate to build on our vision,” said Ahmed in a statement.

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