Leveraging experience from leadership roles at Affirm,
Mastercard, Western Union, and PayPal, the appointments of Lin and
Yates provide Nium with veteran expertise as it builds out the
global network for Modern Money Movement
SINGAPORE, Oct. 3, 2022 /PRNewswire/ -- Nium, the
global platform for Modern Money Movement, today announced the
appointment of two new board members, Huey
Lin and David Yates. The new
independent directors add deep experience in the global payments
industry, having guided several organizations through stages of
rapid growth.
"As we look towards the future at Nium, it's imperative that we
continue to surround ourselves with the best from the payments
industry and beyond," said Prajit
Nanu, Co-Founder and CEO at Nium. "Huey and David will be
instrumental in helping drive business strategy, while contributing
to our accelerated growth and product innovation. I couldn't be
more thrilled to welcome them aboard."
Huey Lin is a Venture Partner
with GGV Capital where she supports and advises the fund's
portfolio companies. Previously, she was the founding Chief
Operating Officer at Affirm and began her career at PayPal as one
of the company's first product managers. She subsequently spent
more than a decade at the firm where she led China and Asia-Pacific operations, in addition to
serving in key leadership roles in product, international risk, and
policy strategy. Most recently, she was the President of
Asia at Flexport, a modern freight
forwarder and one of the fastest-growing companies in global trade.
She led all activities for Flexport across Asia, the company's most strategic market.
"With a differentiated view on how global businesses can
seamlessly move money all over the world, I believe there are
significant opportunities to create even more value for our
customers," said Lin. "I'm eager to work alongside my fellow
directors and the Nium leadership team to enhance the company's
competitive position for long-term success."
David Yates is an Executive
Partner at Siris Capital Group and was previously the President of
New Payment Platforms at Mastercard. He has a proven track record
of successfully leading commercial transformation and growth in
global financial services businesses. Yates led the transformation
of Vocalink into an international payments platform, which led to
its sale to Mastercard. As the President of Western Union, Yates
drove value creation by diversifying Western Union's business into
online money transfer and business payments. He aslo led the
expansion and development of First Data (now Fiserv). On private
equity boards, Yates has facilitated major evolutions within the
payments sector across Europe and
the United States.
"Nium's global growth and approach to solving some of the
biggest challenges businesses are facing today continues to impress
me," said Yates. "I'm excited to join the board and partner with
Nium's exceptional leadership team at a time when global payments
are transforming the way businesses pay and get paid around the
world."
Lin's and Yate's appointments follow the recent announcements of
Ramana Satyavarapu as Chief Technology Officer, Dylan Lowrey to General Counsel, and
Robin Gandhi as Chief Product
Officer.
About Nium
Nium is the global platform for modern money movement. It
provides banks, payment providers, and businesses of any size with
access to global payment and card issuance solutions. Its modular
platform powers frictionless commerce, helping businesses pay and
get paid across the globe. Once connected to the Nium platform,
businesses are able to pay out in more than 100 currencies to over
190 countries – 100 of which in real time. Funds can be received in
35 markets, including Southeast
Asia, UK, Hong Kong,
Singapore, Australia, India, and the US. Nium's growing card
issuance business is already available in 34 countries, including
Europe (SEPA), the UK,
Australia and Singapore. Nium holds regulatory licenses and
authorizations in over 40 countries, enabling seamless global
payments and rapid integration, regardless of geography.
For more information, visit: https://www.nium.com or connect
with a specialist here.
View original
content:https://www.prnewswire.co.uk/news-releases/nium-appoints-payments-industry-leaders-huey-lin-and-david-yates-to-board-of-directors-301638445.html