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Cowasjee Readymoney’s pioneering path from profit to purpose

Livemint · 8m ago

Medial

Cowasjee Jehangir, known as Readymoney, was a prominent financier in the British Empire during the 19th century. He revolutionized the movement of money across the empire by developing a network for rapid cash credit disbursement, bypassing traditional banking channels. Readymoney's financial acumen allowed him to navigate the volatile cotton trade during the American Civil War, ensuring steady profits. Beyond business, he was a philanthropic visionary, donating vast sums to charitable causes in London and Bombay. His legacy is seen through the iconic landmarks he funded and his enduring commitment to civic betterment.