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Moneycorp announces senior executive appointments

Retrieved on:

Thursday, December 14, 2023

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LONDON, Dec. 14, 2023 /PRNewswire/ -- Moneycorp ("the Company" or "the Group"), one of the world's leading cross border payments businesses, today announces the appointment of three new senior executives.

Key Points:

LONDON, Dec. 14, 2023 /PRNewswire/ -- Moneycorp ("the Company" or "the Group"), one of the world's leading cross border payments businesses, today announces the appointment of three new senior executives.
Richard Brice joins Moneycorp as its new Chief Financial Officer ("CFO"), succeeding Velizar Tarashev, who was appointed as Chief Executive Officer in July 2023.
Claire joins Moneycorp from Mastercard, where she was an Executive Vice President in Enterprise Partnerships.
Commenting on today's announcement, Velizar Tarashev, CEO of Moneycorp, said: "I am delighted to welcome Richard, Claire and Adrian to Moneycorp.

MONEYCORP ANNOUNCES THE APPOINTMENT OF VELIZAR TARASHEV AS THE GROUP'S CHIEF EXECUTIVE OFFICER

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Wednesday, July 5, 2023

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LONDON, July 5, 2023 /PRNewswire/ -- Moneycorp, one of the world's leading cross-border payments businesses, today announces that Chief Financial Officer, Velizar Tarashev has been appointed by the Board as the Group's next Chief Executive Officer effective immediately.

Key Points:

LONDON, July 5, 2023 /PRNewswire/ -- Moneycorp, one of the world's leading cross-border payments businesses, today announces that Chief Financial Officer, Velizar Tarashev has been appointed by the Board as the Group's next Chief Executive Officer effective immediately.
Mark will remain on the Board of Moneycorp and will assume the role of Deputy Chairman in early 2024.
Before joining Moneycorp in 2021, he spent more than a decade at Barclays in various leadership roles including Finance, Strategy and Technology.
"Today's announcement marks a transition to the next generation of global leadership for Moneycorp to ensure it delivers its long-term strategic objectives.

At least 23% of British expats are considering selling a UK property due to current cost of living crisis: Experts for Expats reports

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Friday, June 30, 2023

Moneycorp, HMRC, EUR, Brexit, Retirement, CGT, GBP, Sale, Tourism, Life insurance, Cryptocurrency, Expert

LONDON, June 30, 2023 /PRNewswire/ -- Experts for Expats' recent cost of living survey has revealed that 23% of people living abroad are considering selling their UK property as a result of the ongoing cost of living crisis.

Key Points:

LONDON, June 30, 2023 /PRNewswire/ -- Experts for Expats' recent cost of living survey has revealed that 23% of people living abroad are considering selling their UK property as a result of the ongoing cost of living crisis.
Of the people considering selling a property in the UK, 72% of them are also receiving an income from UK property and 67% are now looking to use the equity to support their retirement.
Selling a UK residential property while living abroad can also attract capital gains tax, even if you are a non-resident.
Robert Hallums, Founder of Experts for Expats, is concerned that expats are making decisions which could exacerbate the cost of living crisis even further.

Moneycorp: Full Year 2022 and Q1 2023 Trading Update

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Thursday, June 1, 2023

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LONDON, June 1, 2023 /PRNewswire/ -- Moneycorp, one of the world's leading cross-border payments businesses, today publishes its results for the full year 2022 and provides a trading update for the three months ended 31 March 2023.

Key Points:

Trading volumes grew by 91% to £73.3bn, with strong performance from new and existing clients across each business segment.
'Soteria', a new in-house system that provides real time monitoring of all payment transactions that pass through Moneycorp's platform, was launched in June 2022.
The Group continues to build on its European ambitions with the launch of Moneycorp France in September 2022.
Moneycorp was recently named in the Top 100 cross-border payment companies by FXC Intelligence for the fifth year running.

Moneycorp: Full Year 2022 and Q1 2023 Trading Update

Retrieved on:

Thursday, June 1, 2023

Moneycorp, Intelligence, Growth, EBITDA, Corporation, USD, Bank

LONDON, June 1, 2023 /PRNewswire/ -- Moneycorp, one of the world's leading cross-border payments businesses, today publishes its results for the full year 2022 and provides a trading update for the three months ended 31 March 2023.

Key Points:

Trading volumes grew by 91% to £73.3bn, with strong performance from new and existing clients across each business segment.
'Soteria', a new in-house system that provides real time monitoring of all payment transactions that pass through Moneycorp's platform, was launched in June 2022.
The Group continues to build on its European ambitions with the launch of Moneycorp France in September 2022.
Moneycorp was recently named in the Top 100 cross-border payment companies by FXC Intelligence for the fifth year running.

Tipalti Secures $150 Million in Growth Financing from JPMorgan Chase Bank and Hercules Capital

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Monday, May 15, 2023

FOSTER CITY, Calif., May 15, 2023 /PRNewswire/ -- Tipalti, the leading global payables automation platform, announced today it has raised $150 million in incremental growth financing from JPMorgan Chase Bank and Hercules Capital, Inc. (NYSE: HTGC). Coming on the heels of a $270 million Series F in 2021 that brought the company's total funding to over $550 million, this latest raise will enable Tipalti to further invest in product innovation and supporting its customers.

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"Hercules Capital prides itself on being the partner of choice for innovative entrepreneurs and companies and Tipalti not only fits this mold, it breaks it," said Catherine Jhung, Senior Managing Director at Hercules Capital.
"Tipalti is seeing tremendous growth as more and more companies adopt our platform to automate their finance operations," said Sarah Spoja, CFO of Tipalti.
This transaction also extends the relationship between JPMorgan Chase Bank and Tipalti.
Since 2016, JPMorgan Chase Bank has served as one of the three major global banks Tipalti uses to route billions of dollars worth of supplier payments each month on behalf of its customers.

Boston Mutual Life Insurance Company Appoints Eric Terwilliger to Vice President of Human Resources

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Tuesday, December 13, 2022

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CANTON, Mass., Dec. 13, 2022 /PRNewswire/ -- Boston Mutual Life Insurance Company, a national provider of insurance solutions for individuals and at the workplace, announced today the appointment of Eric Terwilliger to its Executive Leadership team as Vice President of Human Resources - Employee Experience and Engagement.

Key Points:

CANTON, Mass., Dec. 13, 2022 /PRNewswire/ -- Boston Mutual Life Insurance Company, a national provider of insurance solutions for individuals and at the workplace , announced today the appointment of Eric Terwilliger to its Executive Leadership team as Vice President of Human Resources - Employee Experience and Engagement.
"We are thrilled to welcome Eric to Boston Mutual Life and to our Human Resources department as we continue to grow our teams and employee engagement opportunities," said Christine Coughlin, Executive Vice President Human Resources and Chief Diversity, Equity & Inclusion (DEI) Officer at Boston Mutual Life Insurance Company.
Terwilliger brings over 15 years of human resources and talent acquisition experience to Boston Mutual Life.
Founded as a progressive life insurance company in 1891, Boston Mutual Life Insurance Company is a national carrier that provides insurance solutions designed for working Americans and their families, as well as enrollment and billing options at the workplace.

Moneycorp Americas Enters Digital Asset Exchange Market as FX Liquidity Provider

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Tuesday, March 29, 2022

Software, Finance, Banking, Data Management, Small Business, Professional Services, Technology, Other Technology, Bitcoin, FX, DAX (application), Moneycorp, Risk, Solution, Industry, Digital asset, Cryptocurrency

Moneycorp Americas, a world-leading payments services provider for banks, businesses, and consumers, is today announced as an FX liquidity provider for Digital Asset Exchanges (DAXs) around the world.

Key Points:

Moneycorp Americas, a world-leading payments services provider for banks, businesses, and consumers, is today announced as an FX liquidity provider for Digital Asset Exchanges (DAXs) around the world.
This new vertical will help supply forex liquidity rails to Digital Asset Exchange providers around the world with competitive FX rates and better settlement times than traditional banks.
As a new industry, Digital Asset Exchanges have typically been underserved by traditional banks due to their limitation and regulatory challenges.
Moneycorp will be exhibiting at the upcoming Bitcoin 2022 conference in Miami to further introduce its entry into the Digital Asset Exchange Market.

Moneycorp Announces the Appointment of Koen Vanpraet as EMEA CEO

Retrieved on:

Tuesday, March 1, 2022

Moneycorp, a leading payments services provider for Fintechs, banks, businesses, and individuals, today announces the appointment of Koen Vanpraet to the role of EMEA CEO.

Key Points:

Moneycorp, a leading payments services provider for Fintechs, banks, businesses, and individuals, today announces the appointment of Koen Vanpraet to the role of EMEA CEO.
Koen will provide strategic oversight of Moneycorp in Europe, the Middle East and Africa focused on delivering profitable growth.
Mark Horgan, Moneycorp CEO said, This is a key appointment for Moneycorp and further highlights the continued internationalisation of our business within the Fintech payments space.
My focus will be to drive the EMEA region in a new direction by outlining a full potential plan to include profitable revenue growth, new products and exciting services, and deliver strong customer service, said Koen Vanpraet, Moneycorp EMEA CEO.

Moneycorp Announces the Appointment of Koen Vanpraet as EMEA CEO

Retrieved on:

Tuesday, March 1, 2022

Moneycorp, a leading payments services provider for Fintechs, banks, businesses, and individuals, today announces the appointment of Koen Vanpraet to the role of EMEA CEO.

Key Points:

Moneycorp, a leading payments services provider for Fintechs, banks, businesses, and individuals, today announces the appointment of Koen Vanpraet to the role of EMEA CEO.
Koen will provide strategic oversight of Moneycorp in Europe, the Middle East and Africa focused on delivering profitable growth.
Mark Horgan, Moneycorp CEO said, This is a key appointment for Moneycorp and further highlights the continued internationalisation of our business within the Fintech payments space.
My focus will be to drive the EMEA region in a new direction by outlining a full potential plan to include profitable revenue growth, new products and exciting services, and deliver strong customer service, said Koen Vanpraet, Moneycorp EMEA CEO.