International fintech and payments group, moneycorp, has announced Velizar Tarashev as the new Chief Financial Officer (CFO).
Formerly CFO at Barclays Private Bank, Velizar joins moneycorp at a pivotal time, as the company continues to grow and evolve to meet the needs of today’s businesses and consumers.
In 2020, moneycorp’s continuing EBITDA totalled £28m, equating to an impressive 35% YoY growth. In 2021, Velizar will play a vital role in maintaining moneycorp’s strong performance and maximising growth opportunities.
Mark Horgan, Chief Executive Officer at moneycorp, comments: “Following a year of strong profitability against a complex backdrop, we’re delighted to welcome Velizar to moneycorp to drive further growth. As with the new board in 2020, he will bring a welcome, fresh perspective to the organisation as we continue to develop and thrive. He has a huge amount of experience and knowledge, all of which will be an invaluable asset to the business.”
Velizar Tarashev, newly appointed Chief Financial Officer, moneycorp, comments: “I’m thrilled to be joining moneycorp at such an exciting time for the organisation. The business is performing exceptionally well, and I believe the company has huge potential for further growth. I am delighted to join such a first class, entrepreneurial team and a company at the epicentre of financial innovation and growth.”