“I am looking forward to working with the incredible talent across the Zepz group as we embark on our next phase of global growth and strengthen the way we serve our millions of customers globally.”
Mark Lenhard has been appointed Chief Executive Officer of Zepz Group, the money transfer service provider behind two leading global payments brands: WorldRemit and Sendwave
The new chief executive joins Zepz Group from Bill.com, where he was Chief Operating Officer. Prior to that, he was Chief Executive Officer of Invoice2go, a software platform that empowers independent, service-oriented small businesses to grow and manage their payments.
His career includes helping spin Magento out of eBay, ultimately selling the business to Adobe. Other roles within the financial services industry includes executive positions at JPMorgan Chase and PayPal where he was Head of Global Strategy, and launched several entrepreneurial ventures.
“We embark on our next phase of global growth”
Ismail Ahmed, Founder and Non-Executive Chairman at ZepzWorldRemit, said: “Mark is a senior leader with more than 20 years of experience helping companies overcome complex challenges in the payments ecosystem and developing successful go-to-market strategies for organisations across the financial services and FinTech industries.”
“I have spent time with Mark in the last few months and I believe he has the entrepreneurial leadership and strategic thinking that our business needs in the next stage of its journey.”
Mark Lenhard, Zepz Group CEO, commented: “I am honoured to have the opportunity to join an organisation as purpose-driven as Zepz. I am looking forward to working with the incredible talent across the Zepz group as we embark on our next phase of global growth and strengthen the way we serve our millions of customers globally.”
In the meantime, WorldRemit has been very active in expanding its global footprint across emerging markets, namely Zimbabwe (in partnership with Hello Paisa), Jamaica (in partnership with JMMB Money Transfer), Bangladesh (in partnership with BRAC Bank and bCash), as well as Rwanda, Uganda, Cameroon, and Zambia (in partnership with MTN Mobile Money).