WorldRemit

Families around the world spend 156% of monthly income on Christmas - WorldRemit Data

Retrieved on: 
Thursday, November 17, 2022

LONDON, Nov. 17, 2022 /PRNewswire/ --Families around the world will spend up to 156% of their monthly income on Christmas this year, according to latest results from the WorldRemit Cost of Christmas study .

Key Points: 
  • LONDON, Nov. 17, 2022 /PRNewswire/ --Families around the world will spend up to 156% of their monthly income on Christmas this year, according to latest results from the WorldRemit Cost of Christmas study .
  • The study found that households in Lebanon will pay the highest amount compared to their average monthly income (688%) while families in The Netherlands will be least financially impacted, with costs only accounting for 19% of the average household's monthly income.
  • In its second year, the findings are part of WorldRemit's 2022 Cost of Christmas Study, which observes how the changing macroeconomic environment affects the cost of standard Christmas elements, including the main holiday meal, average gift spending and decor, across 23 countries.
  • The 2022 findings reveal the average seasonal increase across the five developed countries observed was 33%, with the UK seeing the greatest change, as prices rose more than 60% year over year.

Families around the world spend 156% of monthly income on Christmas - WorldRemit Data

Retrieved on: 
Thursday, November 17, 2022

LONDON, Nov. 17, 2022 /PRNewswire/ --Families around the world will spend up to 156% of their monthly income on Christmas this year, according to latest results from the WorldRemit Cost of Christmas study .

Key Points: 
  • LONDON, Nov. 17, 2022 /PRNewswire/ --Families around the world will spend up to 156% of their monthly income on Christmas this year, according to latest results from the WorldRemit Cost of Christmas study .
  • The study found that households in Lebanon will pay the highest amount compared to their average monthly income (688%) while families in The Netherlands will be least financially impacted, with costs only accounting for 19% of the average household's monthly income.
  • In its second year, the findings are part of WorldRemit's 2022 Cost of Christmas Study, which observes how the changing macroeconomic environment affects the cost of standard Christmas elements, including the main holiday meal, average gift spending and decor, across 23 countries.
  • The 2022 findings reveal the average seasonal increase across the five developed countries observed was 33%, with the UK seeing the greatest change, as prices rose more than 60% year over year.

Global cross border payment group Zepz appoints new CFO as it reaches profitability in H1 '22

Retrieved on: 
Tuesday, September 27, 2022

He brings over a decade of experience in global senior finance and operational roles delivering growth and profitability for payments and fintech businesses.

Key Points: 
  • He brings over a decade of experience in global senior finance and operational roles delivering growth and profitability for payments and fintech businesses.
  • Mark Lenhard, Group CEO, Zepz says: "We are delighted to welcome Robert to the executive management team at Zepz.
  • Based in New York, Robert's expertise in running scaled global payments, credit and financial services operations makes him ideal to help enable the future growth of Zepz."
  • WorldRemit has continued to deliver on its purpose to enrich the world by championing the movement of money, knowledge and ideas in H1.

Global cross border payment group Zepz appoints new CFO as it reaches profitability in H1 '22

Retrieved on: 
Tuesday, September 27, 2022

He brings over a decade of experience in global senior finance and operational roles delivering growth and profitability for payments and fintech businesses.

Key Points: 
  • He brings over a decade of experience in global senior finance and operational roles delivering growth and profitability for payments and fintech businesses.
  • Mark Lenhard, Group CEO, Zepz says: "We are delighted to welcome Robert to the executive management team at Zepz.
  • Based in New York, Robert's expertise in running scaled global payments, credit and financial services operations makes him ideal to help enable the future growth of Zepz."
  • WorldRemit has continued to deliver on its purpose to enrich the world by championing the movement of money, knowledge and ideas in H1.

DT One Announces New Leadership Hires to Drive Global Expansion and Market Adoption of Micropayments and Prepaid Solutions

Retrieved on: 
Tuesday, September 6, 2022

Both hires will support DT One's global growth strategy.

Key Points: 
  • Both hires will support DT One's global growth strategy.
  • Supported by this funding, DT One plans to expand its global footprint by continuing its organic expansion, investing further in product development and commercial excellence, and pursuing new acquisitions and partnerships.
  • He has over 20 years of experience in software solutions with key strengths in payments and transaction banking.
  • "DT One has become a trusted partner for global business worldwide, and I am looking forward to joining an inspiring leadership team helping to expand our global network.

DT One Announces New Leadership Hires to Drive Global Expansion and Market Adoption of Micropayments and Prepaid Solutions

Retrieved on: 
Tuesday, September 6, 2022

Both hires will support DT One's global growth strategy.

Key Points: 
  • Both hires will support DT One's global growth strategy.
  • Supported by this funding, DT One plans to expand its global footprint by continuing its organic expansion, investing further in product development and commercial excellence, and pursuing new acquisitions and partnerships.
  • He has over 20 years of experience in software solutions with key strengths in payments and transaction banking.
  • "DT One has become a trusted partner for global business worldwide, and I am looking forward to joining an inspiring leadership team helping to expand our global network.

C. Moore Media International Public Relations Joins Allison+Partners, Expands the Agency’s Capabilities in DE&I and African Markets

Retrieved on: 
Friday, August 26, 2022

C. Moore Media International Public Relations (CMM), an independent PR agency specializing in the U.S., UK and African markets, has joined Allison+Partners, an integrated global marketing and communications agency operating in more than 50 markets around the world.

Key Points: 
  • C. Moore Media International Public Relations (CMM), an independent PR agency specializing in the U.S., UK and African markets, has joined Allison+Partners, an integrated global marketing and communications agency operating in more than 50 markets around the world.
  • The addition of CMM augments Allison+Partners deep corporate communications, executive positioning, thought leadership and business-to-business communications capabilities with DE&I communications, Pan-African media relations, reputation management, crisis communications, content marketing and CSR.
  • In her new role, she will focus on growing the agencys DE&I service offerings, as well as expanding the agencys capabilities in African markets.
  • This is a very exciting moment for us to join Allison+Partners one of the industrys fastest-growing and innovative global agencies, Moore said.

Monex Europe Strengthens Leadership Team With Three Appointments

Retrieved on: 
Wednesday, July 20, 2022

They will report into Nick Edgeley, Chief Executive Officer at Monex Europe.

Key Points: 
  • They will report into Nick Edgeley, Chief Executive Officer at Monex Europe.
  • Their appointments underline our ability to attract talented individuals to our team, ensuring Monex is in the best possible position to deliver a world-class service to our clients.
  • David Whitcroft brings over 27 years of first-class experience to Monex Europe.
  • David Whitcroft, Group Director of Risk & Treasury at Monex Europe, said: I am delighted to be joining the team at Monex.

ComplyAdvantage Names Industry Veteran Mark Watson As Chief Technology Officer

Retrieved on: 
Thursday, June 9, 2022

LONDON, June 9, 2022 /PRNewswire/ -- ComplyAdvantage, a global data technology company transforming financial crime detection, today announced that Mark Watson has been named as the company's Chief Technology Officer and newest addition to the leadership team.   In his role, Mark will lead all engineering and technical innovation efforts including the expansion of the company's proprietary knowledge graph called ComplyData™ which contextualises insights across the company's award-winning Transaction Risk Management and KYB solution sets.

Key Points: 
  • LONDON, June 9, 2022 /PRNewswire/ -- ComplyAdvantage , a global data technology company transforming financial crime detection, today announced that Mark Watson has been named as the company's Chief Technology Officer and newest addition to the leadership team.
  • "It's awesome to have Mark join our executive team during such an exciting time for the company," said Charlie Delingpole, founder and CEO of ComplyAdvantage.
  • With over 26 years of technology management experience, Mark joins ComplyAdvantage from WorldRemit where he held the role of CTO since 2018.
  • At these companies and elsewhere, Mark led the vision, business planning and organisational structures needed to drive technology development at scale.

Apis Growth Fund II Announces Investment in Leading B2B Payment Network DT One

Retrieved on: 
Wednesday, May 18, 2022

LONDON and SINGAPORE, May 18, 2022 /PRNewswire/ --Apis Growth Fund II, a private equity fund managed by Apis Partners LLP ("Apis Partners"), a UK-based asset manager that supports growth stage financial services and financial infrastructure businesses, has today announced an investment in DT One , a leading global B2B digital micropayments platform powering cross-border transfers of mobile top-ups, data bundles, gaming pins and gift cards.

Key Points: 
  • LONDON and SINGAPORE, May 18, 2022 /PRNewswire/ --Apis Growth Fund II, a private equity fund managed by Apis Partners LLP ("Apis Partners"), a UK-based asset manager that supports growth stage financial services and financial infrastructure businesses, has today announced an investment in DT One , a leading global B2B digital micropayments platform powering cross-border transfers of mobile top-ups, data bundles, gaming pins and gift cards.
  • Supported by the funding from Apis Growth Fund II, DT One plans to further expand its global footprint by continuing its organic expansion, invest further into product development and commercial excellence, and pursue new acquisitions and partnerships.
  • Fintech investment specialist Apis Partners was drawn to the differentiated payments opportunity presented by DT One and the strong collaborative culture of its solutions-focussed team.
  • This investment from Apis will help accelerate our growth trajectory and fuel our acquisition strategy,"said Dan Gardner, CFO of DT One.