22 November 2023

Cambridge FinTech Monavate expands with key new hires

Written By FinTech Alliance in Payments

Cambridge FinTech Monavate expands with key new hires

Payments solutions provider Monavate expands its Supply Chain Payments division with three key new hires

In brief:

-The goal is to bring simplicity and clarity to B2B payments  where global businesses are slowed down and burdened by unnecessary complexity and friction in payments practices.

-To strengthen and underpin Monavate’s division and expansion, Justin Water joins the Cambridge fintech as Head of Operations

-Paul Marsden joins Monavate’s Supply Chain Payments division as Head of Risk and Davide Antonioli joins Monavate as Head of Revenue Growth for Supply Chain Payments

What does this mean?

“The global B2B payments market ranges from $100 trillion to $150 trillion, and businesses everywhere experience a growing need for efficiency, innovation and a departure from outdated workflows and practices that pose barriers and add risk to businesses. Monavate’s new Supply Chain Payments division aims to bring order to this over-burdened, over-complicated landscape, and I welcome the new joiners to our endeavour. Together, we will make payments an accelerator, not an inhibitor, for businesses across the globe,” says Anant Patel, President of Supply Chain Payments at Monavate 

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