The company will start to look for his replacement immediately.
Wise
Matthew Briers, who has spent the last eight years as the Chief Financial Officer of Wise, has decided to step down from the role to focus on fully recovering from his accident last year.
According to an update by the company on Monday, Briers will step down by March 2024. The fintech said it would immediately commence searching for a full-time replacement for Briers.
Wise CFO to Depart after 8 Years
Matt Briers, CFO at Wise
"After almost eight years, it's time for me to think about my life after Wise," Briers said in a statement. "Wise will likely have many CFOs in its first century, and this is simply me starting the process of handing over the reins to the next one. But, some of you may know that a year ago, I returned back to work at Wise after a quite horrible accident where I went under the wheels of a bus, and so, with this in mind, my focus will shift to making a full recovery."
Briers was involved in a bike accident last year, leading to the appointment of Kingsley Kemish, then the company's Financial Director, as the interim CFO. Later, he was promoted to Deputy CFO, a position he is holding to date.
"To support an orderly transition, I plan to remain as CFO into the new year. In this period, we'll be working out the transition," Briers added.
Briers joined Wise, then TransferWise, in 2015 from the UK offices of Google. Previously, he worked at Lloyds Banking Group, Bain & Company, Capital One, and L.E.K. Consulting.
Kristo Käärmann, the CEO of Wise, said: "Matt joined us at the time when only around 500,000 people had used Wise, and we were losing money. He helped us scale up into a global service that today 16 million people and businesses around the world know they can count on."
"Matt and I will be working closely through this period with other leaders at Wise to support the transition."
Leadership Crisis?
Käärmann is going to take a three months sabbatical later this year, between September and December. Harsh Sinha, the Chief Technology Officer at the company, will replace Käärmann as the interim CEO for the short term.
Meanwhile, Käärmann is under investigation as HM Revenues & Customs fined him £365,651 related to an outstanding tax bill of £720,495 for the 2017-18 tax year. The FCA is now probing if Käärmann's status as an 'approved person' is 'fit and proper.'
Matthew Briers, who has spent the last eight years as the Chief Financial Officer of Wise, has decided to step down from the role to focus on fully recovering from his accident last year.
According to an update by the company on Monday, Briers will step down by March 2024. The fintech said it would immediately commence searching for a full-time replacement for Briers.
Wise CFO to Depart after 8 Years
Matt Briers, CFO at Wise
"After almost eight years, it's time for me to think about my life after Wise," Briers said in a statement. "Wise will likely have many CFOs in its first century, and this is simply me starting the process of handing over the reins to the next one. But, some of you may know that a year ago, I returned back to work at Wise after a quite horrible accident where I went under the wheels of a bus, and so, with this in mind, my focus will shift to making a full recovery."
Briers was involved in a bike accident last year, leading to the appointment of Kingsley Kemish, then the company's Financial Director, as the interim CFO. Later, he was promoted to Deputy CFO, a position he is holding to date.
"To support an orderly transition, I plan to remain as CFO into the new year. In this period, we'll be working out the transition," Briers added.
Briers joined Wise, then TransferWise, in 2015 from the UK offices of Google. Previously, he worked at Lloyds Banking Group, Bain & Company, Capital One, and L.E.K. Consulting.
Kristo Käärmann, the CEO of Wise, said: "Matt joined us at the time when only around 500,000 people had used Wise, and we were losing money. He helped us scale up into a global service that today 16 million people and businesses around the world know they can count on."
"Matt and I will be working closely through this period with other leaders at Wise to support the transition."
Leadership Crisis?
Käärmann is going to take a three months sabbatical later this year, between September and December. Harsh Sinha, the Chief Technology Officer at the company, will replace Käärmann as the interim CEO for the short term.
Meanwhile, Käärmann is under investigation as HM Revenues & Customs fined him £365,651 related to an outstanding tax bill of £720,495 for the 2017-18 tax year. The FCA is now probing if Käärmann's status as an 'approved person' is 'fit and proper.'
Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.
Mohammed Younis Becomes Noor Capital’s Brokerage CEO after Nine Months in the Role Temporarily
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
In this video, we take an in-depth look at @Exness , a global multi-asset broker operating since 2008, known for fast withdrawals, flexible account types, and strong regulatory coverage across multiple regions.
We break down Exness’s regulatory framework, supported trading platforms including MetaTrader 4, MetaTrader 5, Exness Terminal, and the Exness Trade App, as well as available account types such as Standard, Pro, Zero, and Raw Spread.
You’ll also learn about Exness’s leverage options, fees and commissions, swap-free trading, available instruments across forex, commodities, indices, stocks, and cryptocurrencies, and what traders can expect in terms of execution, funding speed, and customer support.
Watch the full review to see whether Exness aligns with your trading goals and strategy.
👉 Explore Exness’s full broker listing on the Finance Magnates Directory:
https://directory.financemagnates.com/multi-asset-brokers/exness/
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
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#Exness #ExnessReview #Forex #FinanceMagnates #ForexBroker #BrokerReview #CFDTrading #OnlineTrading #MarketInsights
In this video, we take an in-depth look at @Exness , a global multi-asset broker operating since 2008, known for fast withdrawals, flexible account types, and strong regulatory coverage across multiple regions.
We break down Exness’s regulatory framework, supported trading platforms including MetaTrader 4, MetaTrader 5, Exness Terminal, and the Exness Trade App, as well as available account types such as Standard, Pro, Zero, and Raw Spread.
You’ll also learn about Exness’s leverage options, fees and commissions, swap-free trading, available instruments across forex, commodities, indices, stocks, and cryptocurrencies, and what traders can expect in terms of execution, funding speed, and customer support.
Watch the full review to see whether Exness aligns with your trading goals and strategy.
👉 Explore Exness’s full broker listing on the Finance Magnates Directory:
https://directory.financemagnates.com/multi-asset-brokers/exness/
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Exness #ExnessReview #Forex #FinanceMagnates #ForexBroker #BrokerReview #CFDTrading #OnlineTrading #MarketInsights