MONEY transfer firm Wise has appointed Delivery Hero's chief financial officer Emmanuel Thomassin as its new CFO as the fintech company has experienced a surge in customer numbers and rising competition.

Thomassin will join Londonlisted Wise on 1 October, taking over from Matthew Briers, who announced he would step down last May and will now do so with immediate effect after being in the role since 2015.

Kingsley Kemish, currently senior group financial director, will take over from Briers on an interim basis.

Thomassin has served as CFO of Berlin-based online order platform

Delivery Hero since 2014.

Wise's active customer base grew 30 per cent to 7.5m between last September and December as revenues swelled to £276.6m, up 23 per cent from £225.2m in the same period in 2022. Wise's shares have soared 82 per cent over the last 12 months. But Wise is set to be challenged by HSBC's new international payments app and debit card, Zing.

(c) 2024 City A.M., source Newspaper