TransferGo hires new CTO as it doubles down on its financial inclusion mission

TransferGo, one of the world’s fastest-growing money transfer companies, has announced the hire of Mantas Žalneravičius as its new Chief Technology Officer.

Based in Lithuania, Mantas will strengthen TransferGo’s senior leadership team and will ensure that technology remains at the heart of its mission to accelerate a world without borders through simpler, better financial services for hard-working people. 

With over 15 years experience in steering digital innovation and transformation in the financial services industry, Mantas brings with him an enviable set of skills that will help TransferGo to scale fast, all the while preserving the company’s migrant identity. TransferGo is his second company. Mantas was previously the Global Head for IT at Danske Bank. His focus was on instant cross-border payments and a clearinghouse in Nordics.

Mantas will immediately prioritize the hiring of new engineers for TransferGo, to work on its innovation plan. These products will evolve and strengthen TransferGo’s payment proposition – starting with the development of a bank account and card solution for Ukrainian customers. TransferGo is increasing its focus on its core values and looking for alternative ways to combat financial exclusion, as the conflict in Ukraine has made it difficult to access traditional financial services. TransferGo is the first to offer this card and it will be available in other countries.

Mantas will continue to support TransferGo’s global demand for fast money transfers by supporting its growth in hiring.  

Commenting on the appointment Daumantas Davilinskas, CEO, and Co-Founder of TransferGo, said: “It was critical that we appointed a Chief Technology Officer that lives and breathes our values. As a company committed to serving the migrant community, it’s our digital proposition that keeps them financially connected and so we must continue to evolve and innovate as their needs change.  With experience in marrying technology with customer experience, Mantas is the perfect fit for this role and we’re happy to welcome him as part of the TransferGo team.”

Mantas Žalneravičius, Chief Technology Officer, TransferGo Addition: “I am proud to be joining a business like TransferGo that is innovating in global payments to help and support those that need it most. I’m excited to use my skills and experience to make money transfers fairer for migrants, and to work with the diverse and passionate team at TransferGo to deliver impactful financial services.”

TransferGo, created by and for migrants, makes international payments faster, more affordable, and cheaper. This boosts local economies and helps to improve people’s living standards. TransferGo, a paneuropean organisation with offices in London, Vilnius and Warsaw, Krakow Krakow, Berlin, Berlin, Istanbul and Krakow, is dedicated to creating a just world for all immigrants. 

TransferGo raised $50m through a Series C round in September to expand its product offerings and customer base. The money transfer company has reached new milestones with more than 4,000,000 customers onboarded and over 15,000,000 transactions totalling $5.5 Billion in international remittance flows. 

TransferGo is open to all who are interested. More information can be found at the careers page.

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