fastacash, a global technology enabler of payments and value transfer through social media and messaging applications, today announced the appointment of former Jawbone product head, Jorgen Nordin, as its new Chief Innovation Officer. Nordin’s appointment seeks to reinforce fastacash’s position as a global leader in social payments for businesses.
The Singapore-based fintech company which closed $15 million in funding last year partners with financial services institutions (FSIs) including banks, remittance and money transfer companies, and mobile wallet providers, to bring domestic and cross-border value transfer capabilities through social media, while allowing them to send, request and make global peer-to-peer (P2P) and person-to-merchant (P2M) transactions.
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Nordin brings over three decades of experience and a proven track record in driving consumer-focused innovation. As fastacash’s Chief Innovation Officer, he will lead its innovation agenda as it looks to expand its product offerings and market presence across Asia, Australia, Europe, the Middle East, and North America.
Vince Tallent, Chairman and CEO of fastacash, said: “Large multinationals, including banks with hundreds of millions of consumers, are looking to fastacash to connect and engage with their consumers through our innovative technology solutions. Appointing a Chief Innovation Officer with the energy, vision and background as rich as Nordin’s, positions us very well to redefine the way people transact over social networks.”
Prior to fastacash, Nordin was the former product head at US-based wearables company Jawbone, which is backed by top-tier venture capital firms including Sequoia Capital and Andreessen Horowitz. In his new role at fastacash, he will accelerate its innovation roadmap to continue redefining the way people transact over social networks.