The appointment comes at a pivotal time as moneycorp continues to transform at pace and enhance its digital offering to serve evolving customer needs.

With the Covid-19 pandemic driving businesses to move online and engage in increasingly complex cross-border transactions, the need for bespoke international payment solutions has accelerated at pace. This will continue as business adapt to an increasingly global market.

Against this backdrop, Francesco Giovanni will play a pivotal role in ensuring moneycorp remains at the forefront of innovation in digital payments solutions. He will oversee responsibility for strengthening moneycorp’s Payments Solutions offering, which currently includes an online payments platform, API integration capabilities and multi-tier accounts that have a multi-currency receiving capacity, enabled by moneycorp’s pioneering multi-currency IBAN.

His role will be to harness new partnership opportunities, refine and launch state of the art technologies for SMEs and corporates, and deploy moneycorp’s global sales strategy, helping to grow moneycorp’s tech capabilities even further. Francesco Giovanni will also work to grow moneycorp’s Payments Solutions team, attracting talent to help the business increase its focus on best-in-class, innovative solutions.

Francesco Giovanni has a wealth of expertise driving technological innovation in the international payments space, with a focus on large-scale development opportunities and API technology. He previously held senior roles at Ebury and Cambridge Global Payments. Francesco Giovanni is well placed to drive forward digital innovation within moneycorp, and to meet businesses’ payment needs through tech-first solutions.

Marianne Gilmore, Acting CEO, UK International Payments at moneycorp, said:

“We are delighted to welcome Francesco Giovanni on board at a pivotal time in moneycorp’s evolution.

“The explosion in online payments since the beginning of the pandemic has accelerated what was already a fast-evolving global digital payments ecosystem. As a specialist international payments partner, we are dedicated to enhancing our existing offering through innovation, to meet the needs of globally-trading businesses. This includes our multi-currency services, diverse payments, accounts, and hedging products for SMEs and corporates alike.

Francesco Giovanni will play a major role in harnessing the latest technologies to meet and anticipate businesses’ needs, providing the foresight that’s so crucial in staying ahead of the latest market developments.”

Commenting on his appointment, Francesco Giovanni Ghizzardi said:

“I’m excited to join moneycorp during a time of momentous and exciting change. The payments world is evolving rapidly, and to stay ahead of the curve it’s vital to provide both the agility of fintechs alongside the security of banks. I was drawn to moneycorp’s strong foundations in the tech space, combined with its ability and appetite to transform at pace.

“I look forward to harnessing these vital traits to build robust, integrated and tech-driven products to best serve business in a complex landscape. I am excited to be on this journey to grow this ever-crucial arm of the business, which will help cement moneycorp’s position as the international payments partner of choice.”