10.9 C
Monday, April 15, 2024
HomeBankingTransferGo hires former Western Union compliance head Simon McFeely as chief compliance...

TransferGo hires former Western Union compliance head Simon McFeely as chief compliance officer


  • TransferGo, a cross-border payments fintech, has appointed Simon McFeely as its new Chief Compliance Officer.
  • The appointment is part of TransferGo’s efforts to spearhead global expansion and consolidate its presence in existing markets.
  • McFeely is tasked with building a compliance and risk management framework to scale and brings over 10 years of experience in compliance and risk management.
  • TransferGo has faced regulatory challenges, receiving a €310,000 fine from the Bank of Lithuania in August 2023 for alleged violations of anti-money laundering requirements.
  • McFeely joins TransferGo from TransferMate Global Payments, where he served as Global Chief Risk and Compliance Officer for three years.
  • The fintech aims to continue growing rapidly and expanding into new markets in Asia, Africa, and South America.
  • TransferGo’s digital platform facilitates cross-border money transfers to 160 countries and serves over 7 million customers.

Related stories

ICYMI fintech funding round-up: Mimo, TransferGo, Smartpay, Adro and more

Mimo:Raised £15.5 million led by Northzone. Plans...

Pomelo Group names Steve Vickers as new CEO

New CEO Appointment:Pomelo Group, a payment infrastructure...

Former PayPal chief Dan Schulman joins Valor Capital as managing partner

New Appointment:Dan Schulman, former president and CEO...

Missouri’s Central Bank taps Personetics for AI-powered money management solution

Partnership Overview:Central Bank, headquartered in Missouri, USA,...

Bolt appoints interim CEO as Maju Kuruvilla departs

Leadership Change at Bolt:Maju Kuruvilla, who served...


- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories