Moneymailme Welcomes Ex-Western Union Man Mark Bolsom as UK Business Development Director

Moneymailme Welcomes Ex-Western Union Man Mark Bolsom as UK Business Development Director
07.06.2017 12:00 pm

Moneymailme Welcomes Ex-Western Union Man Mark Bolsom as UK Business Development Director

People Moves

Moneymailme has appointed Mark Bolsom as Business Development Director. Mark joins Moneymailme from Western Union, where he led a 50-strong FX services team for five years. Before Western Union, Mark spent five years at Travelex as Head of Corporate Dealing. 

With his extensive experience in both currency exchange and money transfer for businesses, Mark will be a strong addition to the Moneymailme team as it looks to increase its market share in both the UK and across Europe.

Mark’s appointment comes as Moneymailme prepares to launch a new product for the B2B market, which will help SMEs with international payments by charging low and explicit fees. The product will help automate a range of payments and currency exchanges in order to deliver simple, transparent and fast transactions for SMEs globally. 

This follows Moneymailme’s recent Merchant Payment launch, designed to let small retailers avoid big transaction fees and offer a convenient e-payment solution for customers. 

Mihai Ivascu, Moneymailme CEO, said: “Mark’s addition to the team will be instrumental in Moneymailme’s growth and his experience will help us expand rapidly in the UK and across Europe. We see the money transfer market continuing to evolve on a global scale and it is important for us that our proposition is able to attract the highest calibre of talent in the industry. Mark comes to Moneymailme at an exciting time as we increase our presence in London and look to capitalise on the wealth of opportunities that the UK has to offer for businesses like ours.”

Mark Bolsom, Business Development Director at Moneymailme said: “I was ready to leave the murky opaque world of the money transfer incumbents to join an exciting payments startup. Moneymailme’s proposition for both consumers and businesses meant the company stood out for me against its competition. I believe that efficient consumer-centric financial tools are the future of the payments industry and it is the new, fast and inexpensive customer experience that I want to help drive forward by helping grow Moneymailme.”

Related News

Exberry Expands Advisory Board With Appointment of Exchange Modernizer Tony Mackay

Exberry, the exchange technology pioneer, has today announced that leading-edge financial markets’ visionary, Tony Mackay, has joined its Advisory Board. Tony... Read more »

OneSpan Welcomes Former Head of Oracle Identity Cloud Service as CTO

OneSpan™ (NASDAQ: OSPN), the global leader in securing remote banking transactions, today announced the appointment of Ajay Keni as its... Read more »

Glassdoor Names Sage’s Steve Hare as Highest Rated CEO in the UK During COVID-19 crisis

Sage, the market leader in cloud business management solutions, announced today that Steve Hare, CEO, has been recognised by Glassdoor for... Read more »

Qontigo Names Rodolphe Bocquet as Global Head of ESG

Qontigo today announced the appointment of Rodolphe Bocquet as Global Head of ESG, effective as of September 22, 2020. In this newly... Read more »

Delta Capita Appoints Sarah Carver as Head of Digital

Delta Capita, a global provider of managed services, fintech solutions and consulting, announced that it has appointed Sarah Carver as its new... Read more »

London-based Copper Secures Next Phase of Global Expansion, Appointing Three New Senior Executives Internationally

Copper, the London-based digital asset infrastructure provider, today announced the appointment of three new senior executives to lead the company’s... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel