Currency Cloud Welcomes New CFO Fiona Tee to its Leadership Team

Currency Cloud Cloud The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing conc The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing conc Read this Term, an international Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term Engine provider, has announced the appointment of Fiona Tee as Chief Financial Officer (CFO).

Tee joins Currency Cloud with over 30 years’ financial and commercial experience within the technology and software industries. She previously held CFO roles at Mondex International, a leading early adopter of digital payments, Intelligent Environments Europe, a market leader in mobile and online banking solutions, and Anite Telecoms.

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Within her positions, Tee has not only taken responsibility for finance, but has established and reorganised teams to help drive long term strategic plans. The diversity of her work has seen her accumulate broad international experience across Europe, the US and Asia.

At Currency Cloud, Fiona will lead the international development of the four functions she oversees: finance, human resources, compliance and operations. She will support growth through proactive business partnering to enable the business’ global expansion plans, with particular focus on the US and Asia.

Commenting on Currency Cloud’s latest appointment, Mike Laven, CEO at Currency Cloud said: “Fiona will be a wonderful asset to our team and we are delighted to welcome her on board. Her wealth of experience speaks for itself, having held senior roles across a range of both enterprise and start-up businesses and she boasts a deep understanding of the payments industry. This positions her perfectly to join our senior leadership team as we move into our next phase of growth.”

Tee further commented: “I am so excited to be part of the Currency Cloud team. I’m looking forward to working in close partnership with the strategic and commercial teams help guide Currency Cloud on its ambitious journey.”

Currency Cloud’s Payment Engine solution is used by corporate customers to power their international payment transfer services, processing in excess of $15 billion in payments worldwide annually. The company made headlines last year when it closed an $18 million series C funding round as part of its global expansion plans.