Flutterwave, a leading African fintech company, has announced the appointment of three new executives to its leadership team. The new hires are Steven Huynh, who joins as Vice President of Global Operations from PayPal, Chris Davis, who joins as Vice President of Network Partnerships from Stripe, and Adewale Ayantoye, who joins as Vice President of Compliance and Risk from Western Union.
The company said the new appointments are part of its strategy to scale its operations and expand its global footprint. Flutterwave provides a unified payment platform that enables businesses to accept and send payments across Africa and beyond. The company has processed over $9 billion in transactions since its launch in 2016 and has partnered with global players such as Visa, Mastercard, Google and Uber.
Flutterwave’s CEO, Olugbenga Agboola, said in a statement: “We are very excited to welcome Oluwakemi, Francesca and Abisola to the Flutterwave family. They bring with them a wealth of experience and expertise from leading global fintech companies. They will play a key role in driving our vision of creating a seamless digital economy for Africa and the world.”
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Amaresh Mohan, Chief Risk Officer, joins Flutterwave as the company’s first Chief Risk Officer, a role he previously held at GoTo Group, Indonesia’s largest digital ecosystem that publicly listed at IDX last year. Amaresh’s 25-year career includes leadership positions at Stripe and PayPal where he was responsible for building risk management capabilities to enable market entries and scaling up in a number of emerging markets globally.
Previously, Amaresh has held key roles in leading global banks, including Citibank, Kotak Mahindra Bank, and Bank of America. At Flutterwave, Amaresh will oversee all aspects of Risk Management, including Compliance, Trust and Safety. He will work closely with the board and Flutterwave leadership to build a risk-aware culture and strong governance across the company.
Steven Huynh, who will oversee Flutterwave’s global operations, said: “I am thrilled to join Flutterwave at this pivotal moment in its journey. Flutterwave is a trailblazer in the African fintech space and has built an impressive and innovative payment platform that connects Africa to the world. I look forward to working with the team to scale the platform and deliver value to our customers and partners.”
Chris David, who will lead Flutterwave’s network partnerships, said: “I am honored to join Flutterwave and contribute to its mission of simplifying payments for endless possibilities. Flutterwave has established itself as a leader in the African payment landscape and has forged strategic partnerships with global players. I am excited to leverage my experience and network to grow and deepen these partnerships and create new ones.”
Stephen Cheng, EVP Global Expansion and Payment Partnerships, brings over two decades of global experience at Fortune 100 and high growth regulated financial institutions, building and leading world-class risk and compliance organizations. He has held multiple C-level positions at public and private companies such as American Express, First Data, Green Dot, and Prime Trust.
Most recently, Stephen was Chief Risk and Compliance Officer and Chief Executive Officer at Wyre. Stephen will spearhead Flutterwave’s navigation of the ever-evolving global payment systems and facilitate the company’s expansion into new markets globally through acquiring licenses and strategic payment partnership initiatives.
Adewale Ayantoye, who will head Flutterwave’s compliance and risk functions, said: “I am delighted to join Flutterwave and support its growth and expansion. Flutterwave operates in a highly regulated and complex environment and has a strong commitment to compliance and risk management. I bring along my experience and best practices from working in global fintech companies to ensure that Flutterwave continues to operate with the highest standards of compliance and risk management.”