Currencycloud appoints co-founder to ‘chief evangelist’ role


Valentina Vitali
Valentina Vitali
FXC Intelligence Research Analyst
Valentina is a Research Analyst at FXC Intelligence, the data sister company of FXcompared. Valentina is passionate about payments and fintech. Valentin enjoys analysing money transfer companies and… Read more
  • Richard Arundel, who was one of the co-founders who set up Currencycloud, will move from his role heading up North American expansion to the ‘chief evangelist’ position.
  • In this new role, Arundel will focus on pushing the company’s offer around the world, and discovering new ways for it to expand and grow.
  • He paid tribute to his New York staff team – who will now be led by the firm’s vice president of sales there, David Heitzmann.

A leading British business-to-business cross-border payments provider has revealed that its co-founder will be taking up an innovative new role as ‘chief evangelist’.

Richard Arundel, who co-founded the business, has been working as the general manager at Currencycloud in North America.

In this role, he has been responsible for expanding the business across the region.

Before that, he worked for Currencycloud in other positions, including as vice president of client services.

He has also worked in sales for the company.

Now, though, he will take on the chief evangelist role in order to help push forward the firm’s goal of increasing its “embedded finance” offer.

Currencycloud provides a worldwide tech infrastructure designed to enable the transfer of money.

It works in many different currencies and is partly fuelled by application programming interfaces (APIs).

Arundel will be succeeded in the North American role by David Heitzmann, who is currently the vice president of sales in the country.

Heitzmann formerly served as an executive at major firms such as Thomson Reuters and iCIMS.

In a press statement, Arundel said that he was looking forward to celebrating the firm’s achievements and developing new methods of growth.

“We founded Currencycloud to cut the complexity and re-imagine the way money flows through the global digital economy,” he said.

“I am excited to champion and find new ways to realise that vision, amid the rapid transition to digital payments.

He also paid tribute to the staff he would be leaving behind in his old role.

“I’m also tremendously proud of the team we’ve built in New York and have every confidence in our growing North American business,” he said.

Mike Laven, who serves as the company’s chief executive officer, said that Arundel has been “ahead of the curve” for a long time when it comes to identifying trends in the payments industry.

“We are thrilled to be welcoming Richard into this new role to inspire passion in prospects, customers and employees and bring Currencycloud’s vision and proposition for embedded finance to new markets and customers around the world,” he added.

Currencycloud claims to have seen a large spike in transactions over the course of the coronavirus pandemic.

The firm saw its payment volumes go up twofold over the course of the period.

It says that its monthly transaction volume now stands at around US$3bn.

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