Personal finance FinTech firm Money Dashboard has appointed Renier Lemmens, ex-Revolut board member and CEO of Paypal of EMEA, as its new Chairman.

Lemmens is a Venture Partner focusing on Fintech with DN Capital; one of Europe’s most established VC funds for early-stage start-ups.

Previously, he served as board member of Revolut, was CEO of PayPal EMEA and a member of its global executive team. He was also COO of Barclays International Retail and Commercial Banking.

Open Banking-powered finance app Money Dashboard allows users to connect to more than 40 banks and institutions. The company recently announced partnerships with fellow FinTech firms Nutmeg and Wealthify and has launched a stream of Open Banking integrations with major providers including American Express.

next story
UK TECH APPOINTMENTS IN 2020

The app will soon incorporate payments functionality, enabling users to move money between the accounts they connect to the app, for example to avoid overdraft charges and maximise savings interest rates.

The firm’s CEO Steve Tigar said of the appointment: “We’re delighted to welcome Renier to the board. His impressive experience as a fintech VC, CEO of Paypal EMEA and board member of Revolut will be invaluable as we enter our next phase of growth.

“We are particularly excited to have Renier on board as we prepare to launch our payments service, in addition to a number of other features that will revolutionise the way people organise and grow their money.”

Lemmens dded: “Steve? and the Money Dashboard team have done a fantastic job at building a product that truly helps people master their money. I am delighted to join them on this mission and look forward to helping the company go from strength-to-strength and leverage open banking to help millions of people.”?