Freemarket lands Geoff Close as new CRO

6th January 2020, London, UK. Freemarket, the cross-border payments and currency exchange specialist, has hired former Pay UK executive Geoff Close as its new Chief Risk Officer (CRO).

The recent appointment of Geoff Close is the latest addition to Freemarket’s senior management team. Freemarket’s executive team brings together experience from some of the world’s most innovative and successful financial services companies from Tier One banks to fast-growing start-ups.

Geoff has over 20 years of experience as a business and technology leader at major institutions, the last 10 years in the fintech and global payments space, leading both international banking & payments solutions businesses and helping innovative companies grow and succeed.

Geoff has previously held senior roles for company’s such as GE Money, FIS and latterly Pay UK. The appointment of Geoff will add a wealth of risk, compliance and commercial experience to the Freemarket team.

Alex Hunn, Founder and Chief Executive, said: “as we build out our business, both risk governance and framework will play an increasingly important part in our journey. Geoff’s appointment will allow us to scale and manage our risk functions appropriately.”

At Freemarket Geoff will be responsible for the leadership, management and development of Freemarket’s Risk and Compliance capabilities and talent.

Hunn concluded: “Having someone of Geoff’s calibre, experience and skill join Freemarket is a real statement of intent of our growth, progression and vision.”

-ENDS-

About Freemarket

Freemarket works with businesses to accelerate their growth by giving them access to cross-border payments and currency exchange optimised for their needs. Freemarket’s platform gives you access to a global bank network and innovative technology in one place, allowing you to streamline your processes, remove complexity and increase efficiency.

Freemarket’s board includes Charlotte Crosswell, CEO of Innovate Finance and Rich Ricci, the former CEO of Barclays Investment Bank.

Freemarket is authorised and regulated by the Financial Conduct Authority.