Nium Strengthens Executive Leadership Team with Chief
Financial Officer and Chief Compliance Officer Appointments
~Investment banking veteran, Andre Mancl, joins as
CFO; Fraud risk expert, Philip Doyle, to lead regulatory compliance operations~
Nium, the global leader in real-time
cross-border payments, announced two executive appointments that strengthen its
leadership team and underscore the company’s focus on driving efficient and
responsible growth.
Andre Mancl joins as Chief Financial Officer. He will
oversee all financial strategies for the company and will lead Nium’s global
finance organization, including planning, treasury, tax, reporting, corporate
development, and investor relations. He will be integral in helping Nium
deliver profitable growth and efficiency at scale, while creating value for all
Nium shareholders.
Philip Doyle joins as Chief Compliance Officer. He will lead Nium’s global risk and
compliance programs, ensuring both evolve and grow as regulatory expectations
heighten. Both executives will
report to Prajit Nanu, Founder and CEO of Nium, and will join the
company’s Executive Committee.
“These two leaders
add deep subject matter expertise in their respective fields and complement
what is already one of the best leadership teams in global payments,” said
Nanu. “We’re in a great position to continue executing on a sustainable growth
strategy, elevating our operational performance across all areas of our
business, while delivering customer-centric technology innovation. These
leaders, together with our colleagues around the world, take us steps closer to
achieving a mission of connecting the world’s banks and businesses to the
future of real-time, cross-border payments.”
Prior to Nium, Mancl
was the Chief Financial Officer at ChowNow, a leading software platform that
connects independent restaurants with their diners through a suite of digital
products. Before joining ChowNow in 2021, he was a Managing Director and Global
Co-Head of Internet Investment Banking at Credit Suisse. As an Investment
Banker, he worked in the Technology Sector for over 15 years and has been
involved in tens of billions of dollars of debt, equity, and M&A
transactions. During his banking career he advised and executed transactions
for companies, such as Lyft, Snap, Ancestry.com, Facebook (Meta), AppLovin, and
GoDaddy. Prior to his investment banking career, he served as a distinguished
SH-60B Seahawk Helicopter Pilot in the United States Navy, flying missions in
various regions and received the Order of the Daedalian for landing a
helicopter in distress. He holds an MBA from the University of California Los
Angeles (UCLA) and a BS in Industrial and Systems Engineering from the
University of Southern California (USC).
“Throughout my career
in the technology sector, I’ve witnessed firsthand the profound impact of
technology innovation on the global economy,” commented Mancl. “Joining Nium at
this pivotal moment is one of the most exciting moments of my career and I’m
humbled to be part of such an exceptional team. I look forward to playing a meaningful
role in Nium’s next phase of growth.”
Doyle joins Nium with decades of risk and compliance experience, most
recently Chief Risk and Compliance Officer for Zepz, one of the world’s leading
remittance companies. There he created and led the company’s global compliance
program, including standards and best practices for adhering to applicable
local and international regulations. Prior to this, Doyle held senior financial
crime positions at banks, such as Revolut, Clearbank, and Tandem Bank. A career-long
“fraud fighter,” Doyle has also held fraud prevention roles at FICO, SAV Credit
Limited, Visa, and Morgan Stanley. He holds an MSc. from the University of
Nottingham and a BSc. from the University of Sussex.
“Payments is built on
the trust we earn from the banks and businesses we serve,” said Doyle. “There
could not be a better time to start my journey with Nium with so much
investment going into expanding our compliance programs to be best-in-class.”
Mancl and Doyle join
at a time of great momentum for Nium, which recently announced its expansion
Latin America with license applications, key fintech association memberships,
and new customers. The company also announced new local funding and collection capabilities
to more than 40 countries and 15 currencies, with more to come. In June, the
company announced that it had raised US$50 million in a Series
E funding round, led by a prominent sovereign wealth fund in
Southeast Asia. Today’s news follows key appointments for the company including
Spencer
Hanlon to Chief Operating Officer and Alexandra
Johnson to Chief Payments Officer.
About Nium
Nium, the leader in real-time, cross-border
payments, was founded on the mission to deliver the global payments infrastructure
of tomorrow, today. With the
onset of the global economy, its payments infrastructure is shaping how banks,
fintechs, and businesses everywhere collect, convert, and disburse funds
instantly across borders. Its payout network supports 100 currencies and spans
220+ markets, 100 of which in real-time. Funds can be disbursed to accounts,
wallets, and cards and collected locally in 40 markets. Nium's growing card
issuance business is already available in 34 countries. Nium holds regulatory
licenses and authorisations in more than 40 countries, enabling seamless
onboarding, rapid integration, and compliance – independent of geography. The
company is co-headquartered in San Francisco and Singapore.