Monneo, a UK-headquartered payments platform, has appointed Steve Wilson as its new head of compliance to keep up with the ever-evolving regulations in fintech.
Wilson will oversee the existing onboarding, risk and compliance teams of the company, which provides end-to-end payment solutions for the ecommerce industry.
Monneo provides virtual IBAN accounts and merchant accounts through a network of banks. It works with the EU and international banks to “break down legacy barriers” and connect ecommerce merchants with global payment services.
Wilson has 25 years of experience in the payments sector. He was an operations manager for JCB, the head of compliance at Visa Europe, and also held executive and consultancy roles for various European fintechs.
On Monneo’s compliance teams and the new appointment, Lili Metodieva, the paytech firm’s managing director, said: “Steve’s experience in this area will help us to go even further in these efforts, providing us with the expertise needed to deliver even greater value and support to our customers.”
Wilson commented: “Monneo is at a really exciting stage of its business development, and I look forward to getting started with this unique company.”
Monneo opened a new office in central London last November as part of its global expansion plan. It hopes the thriving fintech sector in the UK capital will provide a good base for the company to grow.