Oxford University Friends Set For 100M After Selling Software Firm

Three Oxford University friends are set for a $100million (£79m) online payday loans no credit check after the ID-checking software firm they started in halls was bought by an American rival business. 

Husayn Kassai, Eamon Jubbawy and Ruhul Amin founded Onfido, a UK start-up which develops ID-checking tools for firms such as Revolut, and they are now in line for an enormous payout following a $650million sale to US competitor Entrust.

The three Oxford graduates, all in their 30s, own around 15 per cent of the London-based software company between them.

Mr Kassai, the former chief executive, has a stake in the company worth more than $50million, The Telegraph reports.

While the three friends are set for a huge online payday loans no credit check, dozens of staff will also make millions of pounds, while Oxford University - who were first to back the three founders with a £12,000 stake - can also expect a massive profit.

Two of the friends, Mr Kassai and Mr Jubbawy, have since left Onfido to found new start-ups, but Mr Amin has remained as one of the company's senior executives.  Onfido is currently led by American technology executive Mike Tuchen. 




Oxford University students (L-R) Eamon Jubbawy, online loans no credit check Husayn Kassai and Ruhul Amin founded Onfido

Mr Kassai told The Times: 'The ecosystem here in the UK has enabled us as founders — two of whom went to underprivileged schools — to get everything they need to build a large company. 

'In that journey we have been lucky to help others to upskill and learn and a sign of that is the fact that more than 14 of the team have gone on to be founders of their own companies.' 

If you have any questions regarding where and how to use cash advance lenders bad credit, you can speak to us at our web page.