NEW YORK/LONDON (Reuters) – Facebook Inc’s (FB.O WhatsApp, has hired a senior executive from the London-based money transfer startup WorldRemit, three people familiar with the matter said this week.
FILE PHOTO: a 3D printed, Whatsapp logo, is on display in front of a Whatsapp messenger logo, in this picture, September 14, 2017. REUTERS/dado Ruvic
WorldRemit’s chief product officer, Alice, of Newton, Rex, will be joining WhatsApp to the product team for launch later this year to work on the messaging app service, one of the people said.
Newton’s God did not respond to requests for comment.
WhatsApp is one of the world’s most popular messaging programs, with more than 1 billion users in more than 180 countries. It is expanding its team in Europe, including in London.
A well-known European fintech startup, WorldRemit was founded in 2010 by Ismail Ahmed, a businessman from Somaliland, to give consumers an easier and cheaper way to make international payment for online. The company has 4 million customers and provides services in more than 150 countries. It has raised $375 million in funding.
Ahmed is leading the company as CEO until the end of October, when it was replaced by the former chief executive of Paddy Power, Betfair Plc, Breon Corcoran.
WhatsApp’s parent company, last week unveiled plans for a digital coin, called the Libra project, which is part of the efforts to promote the expansion of social media, e-commerce and cross-border payments.
WhatsApp has been testing the ability to send a payment platform based in India. Newton’s God, it will not work on the payments or a balance, that is one of the people said.
The people familiar with the matter, and could not speak for attribution because the information is not open to the public.
Newton, Rex has been working with WorldRemit, for a period of almost five years, where she held a number of senior positions in product design, according to her LinkedIn profile. She previously led the product team for the GOV.The united kingdom, the online portal to the Uk’s government departments, according to the WorldRemit website.
Reporting by Anna Irrera, New York, and Tom Wilson in London; Editing by Matthew Lewis