The CEO and co-founder of a cross-border payments startup has decided to step down after five years in the position, as confirmed by the company.
During his tenure, the company expanded its global presence and became a trusted partner in cross-border financial services. The company expressed gratitude for his dedication and wished him success in his future endeavors.
The reason for the CEO’s departure was not disclosed by the company.
An interim CEO has been appointed, who expressed excitement in leading the company through a critical phase. The focus remains on empowering seamless money transfers across borders while enhancing trust and value for customers.
Additionally, a non-executive director from the company’s lead investor will join the board, strengthening the leadership team for the company’s continued success in global financial services.
The company is well-positioned to maintain its standing in global financial services, aiming to make cross-border payments more accessible and efficient for all.
Alongside other cross-border apps, the company had started positioning itself as an alternative to a specific service for African startups, showcasing their compliance with industry standards and processes.