MonetaGo, the fintech pioneering digital fraud prevention solutions, has hired Sunil Senapati as its Head of Business Development. Sunil will be based out of MonetaGo’s Singapore office beginning Monday, May 17th and will support the firm’s award-winning technology and growing presence across the country and APAC.

As Head of Business Development, Sunil will spearhead company partnerships in the region with top banks and industry leaders, with a particular focus on Singapore’s burgeoning fintech sector. International businesses and local governments alike have invested heavily in the sector, strengthening Singapore’s appeal as a regional fintech and innovation hub.

“As the world’s leading trade fraud prevention firm, MonetaGo provides the solutions that trade finance has been looking for,” shares Sunil. “Its industry-first solutions enable banks and businesses in Singapore and beyond to make trade finance more secure. Having worked in technology for almost twenty years, I am a firm believer in the potential of the company and its strategy, and look forward to working with the Singapore team to expand MonetaGo’s offering.”

Sunil joins MonetaGo from Bolero, a cloud-based trade digitization platform, where he led the growth strategy for APAC as Director of Trade Finance. Prior to Bolero, Sunil amassed almost two decades of experience working with regulators, financial institutions, shipping companies, and large corporations. During this time, Sunil has held leadership roles across global technology corporations such as Oracle, HCL, NTT, Tech Mahindra, and Maersk.

“There’s no better time to be working in fintech and trade finance in Singapore and the expansion of our Asia Pacific operation is testament to the strength of the service MonetaGo provides,” states Neil Shonhard, Managing Director Asia Pacific at MonetaGo. “The sector’s growth is exponential, and MonetaGo is proud to be part of that growth. Sunil’s industry expertise will be invaluable as we expand, both within APAC and internationally. We are delighted to welcome him to the team.”

MonetaGo’s solutions have been live since 2018 and have processed over one and a half million transactions to date.