TransferGo, one of the world’s fastest growing money transfer companies, has announced the hire of Francesco Fulcoli as its new chief compliance officer.
Based in London, Francesco will primarily be responsible for leading the delivery of cutting-edge experience on KYC, as well as AML and Counter-Terrorism Financing (CFT) prevention processes, while promoting a strong compliance culture internally and good relationships with customers, regulators and partners.
With over 15 years’ experience in the area, Francesco specialises in building compliance technology frameworks, establishing standards and implementing procedures across both fintech and regtech. He joins TransferGo from IFX Payments where he was interim head of compliance and led the revamp of its AML Compliance and Compliance Technology function.
Prior to this, he worked as a compliance project manager at Fintech unicorn Revolut for its Financial Investigation Unit. Previous roles have also included working for the International Olympic Committee and the Italian parliament as a compliance officer, and over six years at Oppenheimer & Co as a compliance AML officer for EMEA and APAC.
Commenting on the appointment, Daumantas Dvilinskas, CEO and Co-Founder, TransferGo said: “We were looking for a CCO who would embrace the challenge of disrupting the incumbent financial service players and fit with our entrepreneurial, customer-obsessed culture, and Francesco fitted the bill perfectly. His experience and mindset really stood-out to us, and we’re looking forward to fully embracing him as part of the TransferGo team.”
TransferGo is favoured by migrants working in the UK who send money home to their families but don’t want to deal with the bureaucracy and fees imposed by banks for processing payments in other countries and currencies.
Based in London, UK, TransferGo is the quickest, most reliable remittance company in Europe, rated ‘excellent’ on Trustpilot (4.8) and with an NPS score of 75, it has built a much-loved brand based on transparency, trust and user experience.