LONDON, SINGAPORE AND NEW YORK–(BUSINESS WIRE)–#MonetaGo– Financial technology solutions provider MonetaGo today announced the launch of operations in Europe, effective March 1, 2022, and the appointment of Oswald Kuyler to the newly created role of Head of Strategy for Europe.
Based in London, Kuyler will lead MonetaGo’s European expansion, spearheading the company’s growth in the region and bringing together European, UK and global institutions to combat financial fraud and overcome manual workflow inefficiencies. paper documents.
Kuyler joins MonetaGo after a successful tenure as the first Managing Director of the International Chamber of Commerce (ICC) Digital Standards Initiative (DSI), which was established in September 2020. During his time at DSI, Kuyler has been instrumental in bringing together participants from across the global trade ecosystem to facilitate interoperability and advance the digitalization of trade and trade finance. A leader in the digitalization of commerce, Oswald will remain engaged as an advisor to ICC’s digital standards objectives and will work more closely with ICC UK in its mission to drive digital commerce.
Previously, he spent seven years at mining giant BHP, where he last served as chief data strategist, leading a number of initiatives spanning blockchain technologies, electronic documentation in trade finance, data analytics and process automation.
“We are on a mission to enable the financial ecosystem to effectively serve more customers – accelerated by increasing the productivity of financial workflows and dramatically reducing risk. It is a privilege to join a company where I know the work we do every day will make a difference to so many people,” says Oswald Kuyler, Head of Europe Strategy at MonetaGo. “I look forward to driving adoption of MonetaGo’s secure finance and workflow solutions, expanding their reach and effectiveness to benefit the global trade finance industry as a collective. It will also allow me to continue my work around finding global norms, building coalitions and advocating for change. »
“MonetaGo’s global momentum is driven by our focus on partnerships across the entire commerce ecosystem,” says Jesse Chenard, CEO and Founder of MonetaGo. “As we continue to work with key international organizations and associations to deliver a universal, standardized deduplication utility that will protect trade finance, Oswald’s proven ability as a convener, thought leader and advocate for digitization will be invaluable.”
MonetaGo provides the world’s first-ever solution to combat duplicate funding fraud in trade finance and is the world’s first provider of this technology to prevent domestic and cross-border duplicate funding.
By reducing trade finance fraud, MonetaGo’s trade activities align with global policy and regulatory mandates that enable institutions to support supply chains and expand their business volumes to new markets and to underserved areas, while maintaining privacy and enabling real-time critical decision-making. .
MonetaGo’s secure funding platform has proven itself in production, having been live since March 2018 with strong transaction throughput.
The secure finance solution was recognized as the best trade finance solution at the AMTD DigFin Innovation Awards during Hong Kong Fintech Week 2021, and as the most innovative use of blockchain in banking and bank-bank partnership. most effective fintech at the IBS Intelligence Global Fintech Innovation Awards 2021.
For more information, visit www.monetago.com.
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