Trustly, Inc. has announced the appointment of Adam D’arcy as its new Chief Product Officer. D’arcy brings with him wide experience in the financial technology sector.

Prior to joining Trustly, D’arcy served as Chief Product Officer at Prodigy Finance, a digital funding platform that supports students from low-income economies to attend top-ranked global universities. He held this role for three years.

MoMo Digital Wallet Role

In addition to his role at Prodigy Finance, D’arcy worked as a Product Coach at MoMo, a digital wallet Digital Wallet A digital wallet is a popular mechanism referring to an electronic device, online service, or software program that allows one party to make electronic transactions with another party.This involves the bartering or exchange of digital currency, including cryptocurrency for goods and services. Money can be deposited in the digital wallet prior to any transaction, which also includes an individual's bank account that is linked to the digital wallet. A digital wallet can include more than just digi A digital wallet is a popular mechanism referring to an electronic device, online service, or software program that allows one party to make electronic transactions with another party.This involves the bartering or exchange of digital currency, including cryptocurrency for goods and services. Money can be deposited in the digital wallet prior to any transaction, which also includes an individual's bank account that is linked to the digital wallet. A digital wallet can include more than just digi Read this Term provider in Vietnam. He held this position from November 2021 to November 2022. His work involved coaching the product team as they built Vietnam's largest digital wallet, focusing on implementing a product operating model.

“I am excited to join Trustly at such a pivotal time,” said D'arcy. “Trustly’s commitment to establishing Open Banking Payments as a mainstream, high-conversion, low-cost alternative to cards aligns with my passion for creative and consumer-focused product innovation.”

“I look forward to working with the talented team at Trustly to deliver industry-leading solutions that will shape the future of 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.”

Impact on HSBC PayMe

Earlier in his career, D’arcy was Vice President of Product for the GoPay Consumer Platform at GoTo Group. He served in this role from January 2020 to July 2021. At GoPay, D’arcy’s team worked on shifting the platform’s perception from a basic e-money account to a broader financial services platform in Southeast Asia.

D’arcy also spent three years at HSBC in Hong Kong, where he was Chief Product Officer for PayMe, the bank’s mobile payment platform. His work at PayMe contributed to its growth, including achieving significant user adoption among Hong Kong’s millennials and local merchants.

“We are thrilled to welcome Adam to the Trustly team,” said Alexandre Gonthier, Founder & CEO of Trustly, Inc. “His extensive experience, winner instincts, and proven expertise in product-led innovation make him an ideal fit for the organization.”

“Adam’s vision and leadership will be instrumental as we continue to enhance our offerings to meet the demands of a growing Open Banking Payments market.”