MonetaGo, a Singapore-based financial technology services provider, has strengthened its leadership team by welcoming three individuals to its board of directors. Robyn Dittrich, David Rutter and Arnau Porto join as board members, with Porto assuming the role of executive chairman.
Dittrich, currently the vice president of global operation programs at BHP, brings a wealth of experience in international sales and operations to the board. Her background includes roles at S&P Global Platts and BP, the British multinational oil and gas company.
David Rutter, the chief executive officer of R3, contributes his experience in banking, technology and government relations. Prior to founding R3, Rutter served as the chief executive officer at ICAP Electronic Broking.
Porto, founder of Greentrail Capital and chief executive officer of Nasdaq-listed GTAC, is a seasoned leader and investor in growth-stage technology companies, such as Robinhood.
MonetaGo’s flagship product, Secure Financing, first launched in 2018 to combat duplicate financing fraud. Integrated into the Swift system last year, it addresses fraud risks in trade and supply chain finance. The platform aims to evolve into a comprehensive aggregated trade finance operating system in the coming years.
On the new board members, Neil Shonhard, chief executive officer of MonetaGo, said: “Their combined and diverse experience and achievements provide unique leadership which will be instrumental in continuing to advance MonetaGo as a global provider in digitisation and fraud prevention for financial services.”
On her new role, Dittrich said: “This is an opportunity to enhance its practices across a number of operational areas and to participate in an exciting evolution.”
Rutter commented: “MonetaGo has continuously been at the forefront of revolutionising fraud prevention technology. I am thrilled to contribute to their mission of securing trade finance globally.”
Porto, said: “MonetaGo has shown that it is extremely adept, not only in using new technologies but also in applying them to solve real, industry-wide problems.
“This puts them in a unique position to make a substantial impact on trade at a global scale.”