Former Global Processing Services President & Paysafe Executive joins Fortu Wealth Board
The WealthTech providing an all-in-one personal finance platform for high-net-worth individuals and a B2B banking-as-a-service (BaaS) solution for private banks and wealth managers – have today announced that Suresh Vaghjiani has joined their advisory board.
A leading payments expert with almost two decades of experience – Suresh will help to guide the business through the complexities of regulation as it embarks on a period of rapid growth.
Suresh Vaghjiani is one of the Europe’s leading fintech lights. Possessing inimitable expertise in the global payments infrastructure and electronic money, Suresh has held executive level positions at a number of companies including Global Processing Services (GPS), and Paysafe, where he worked closely with organisations such as Revolut and Vodafone. Suresh has also represented the UK fintech sector on several trade missions, including a historic delegation with R.H Lord Mayor of London to the southern hemisphere. In the industry Suresh has been on the working groups of PSR developing strategy for FCA and was also a founding board member of the Emerging Payments Association.
Suresh joins a board with immeasurable expertise from across the financial sphere, with names such as Nektarios Liolios, founder of Startupbootcamp Fintech and Vidur Varma, former executive of Citi Gold already sitting as advisors.
The move is the latest in a series of extremely positive developments for Fortu Wealth and follows closely on from a crowdfunding round that exceeded its initial target by 215%. Fortu Wealth will continue to grow and develop, as the company seeks to disrupt the worlds of private banking and wealth management.
Speaking on his joining, Suresh Vaghjiani stated:
“Many fintechs launch products without any clear path to revenue, I am excited to witness a fresh and clear vision for the private banking industry, much in need for disruption and with Fortu, the possibilities for an innovative overhaul of wealth management as we know it are limitless. It’s fantastic to be a part of an organisation where I’ll be able to use my expertise to truly revolutionise this lucrative financial sector.”
Azamat Sultanov, Co-CEO of Fortu Wealth later added:
“Suresh brings with him a world of experience and expertise unrivalled in the industry, we will be taking all the learnings from his knowledge on many of the companies that have both failed and succeeded, all of which will be pivotal in fulfilling our business journey. It’s brilliant to have him on board as we embark on a period of rapid growth and expansion”