New appointment to strengthen its executive team based in Sydney, Australia as the fast-growing fintech continues to strengthen its senior leadership team in line with future growth plans.
David’s appointment will provide the team with strategic regulatory advice around the development of their innovative first in market autonomous finance offering that provides instant financial management, automated goal tracking and a payment finance solution. David brings over 20 years of risk and compliance experience in banking, asset-based lending and building payment products from the ground up. David’s vast experiences that will benefit aircrex moving forward comprise regulatory strategy and licensing, real time payment solutions (including the New Payment Platform (NPP); Governance, Risk and Compliance infrastructure development.
David Hanna, Advisory Board Member of aircrex
As a first mover into the autonomous financing space, I am thrilled to be advising aircrex on regulatory matters and strategic infrastructure development as well as contributing to the direction of the development of the initial product offering. Caroline and team have a unique value proposition, strong team and are well-positioned to create something very compelling in the market.
Caroline Tran, Co-Founder of aircrex
It’s the perfect time to appoint the right strategic advisor as we see exponential business growth and soon the announcement of our seed round, we are delighted to welcome David on board with aircrex. From leading international expansion of Rapyd and Paypal, David’s strategic insights combined with his risk and compliance capabilities will further enhance our knowledge for innovation and growth. This is an exciting time in the market when our customers are actively looking for exceptional solutions and better ways to banking, aircrex is continuing to collectively navigate today’s fast-changing reality and tap into the potential of CDR to improve young Australian financial wellbeing from day one.
Upon the launch, which is set in mid 2021, the flagship product will feature a financial tracking and insights tool, multiple-bank account management, payment capabilities, AI-driven personal assistant and an exclusive community.
aircrex has gained intensive media attention and traction in Australia and internationally from having 10,000 of customers on a waiting list organically and being the Australian fintech among top 5 fintech companies nominated for Tokyo Financial Award 2020.
Digital financial institution wamo has started operations in Europe where it expects to attract 10,000 customers before the end of 2021.
The Saudi Central Bank (SAMA) has announced that it has completed the procedures related to studying the two license applications for two local digital banks to conduct banking business in the Kingdom.