London-listed innovative payment solution provider to online and mobile merchant, SafeCharge has added Susanne Chishti as a non-executive director to its board of directors.
Ms Chishti has over two decades of experience in the banking and payments sector with 10 plus years of board level experience. She also has extensive knowledge of workings of FinTech start-ups and is currently the CEO and Founder of FINTECH Circle.
FINTECH Circle is an angel network that enables emerging fintech firms to execute their vision and expand their business. At present, she is also serving as non-executive director at Kompli Holdings plc, Crown Agents Bank Ltd and JLG Group Plc.
SafeCharge’s majority share is owned by Israeli investor Teddy Sagi and is witnessing strong growth across verticals. The company reported 24 per cent growth in 2018 revenue compared to 2017 and 45 per cent year-on-year growth in deal turnover from its customers.
Commenting on the new addition to the Board, SafeCharge’s chairman Roger Withers, said:
“We are delighted to welcome Susanne to SafeCharge. Her background and extensive experience in the banking and FinTech sectors will further strengthen the Board and will be invaluable as we continue to grow the business.”
Former ETX Capital CEO Arman Tahmassebi Joins FinTech Player LeadInvest
Former ETX Capital’s CEO Arman Tahmassebi has now joined a Fintech player, LeadInvest as its Chief Operating Officer. It marks the transition for Mr Tahnassebi, who has been working in the retail forex broker industry for the last two decades.
He started with IG Group, where he spent almost 15 years in various roles and then moved to London Capital Group as its COO. From there he moved to ETX Capital, where he was initially appointed as COO and CEO of the company.
LeadInvest’s move to appoint Arman Tahmassebi as its COO comes at a time when the whole fintech sector is going through toughened regulatory pressure. LeadInvest is a peer-to-peer lending platform and has raised near to £30 million in a pre-IPO funding round. Tahmassebi is joining the firm as the company is in the run-up to a prospective IPO, which it announced later last year.
But, CEO and Cofounder of LeadInvest, Christian Faes gave hints that the company’s IPO plans have been delayed for almost one to two years, as it wants to look for the effects of Brexit before taking next step.