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Rapyd Expands Americas Leadership Team, Appoints LeAnne Hoang as Chief Risk and Compliance Officer and Robert MacColl as Head of Network Partnerships

Hoang and MacColl join Rapyd during a period of heightened growth, to play key roles in supporting local and cross-border payments risk and compliance, as well as to drive new strategic relationships in the U.S., Canada and Latin America


News provided by

Rapyd

Dec 17, 2020, 09:00 ET

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MOUNTAIN VIEW, Calif., Dec. 17, 2020 /PRNewswire/ -- Rapyd, a global Fintech as a Service platform, announced today two new appointments to its Americas leadership team. LeAnne Hoang will be joining Rapyd as Chief Risk and Compliance Officer, and Robert MacColl has been appointed Head of Network Partnerships for the Americas. The new hires fill strategic roles as Rapyd continues to bolster its ability to support the diverse local payments needs of businesses as they expand globally, as well as to ensure compliance and regulation across all 100+ countries which Rapyd serves.

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LeAnne Hoang, Chief Risk and Compliance Officer
LeAnne Hoang, Chief Risk and Compliance Officer
Robert MacColl, Head of Network Partnerships, Americas
Robert MacColl, Head of Network Partnerships, Americas

LeAnne Hoang, the newly appointed Chief Risk and Compliance Officer, brings a wealth of regulatory and compliance knowledge to Rapyd with over 20 years of experience in risk management and strategy development. A veteran compliance officer, prior to joining Rapyd Hoang served as VP of Cross River Bank as part of a team dedicated to building the Banking as a Service division for Fintech and Startups. Hoang began her career in the FDIC as a Commissioned Bank Examiner - focusing on Safety & Soundness and later became a BSA & IT Specialist in the FDIC San Francisco Office.

"I am thrilled to be joining a team that offers businesses direct access to global markets and removes the challenges of managing local compliance across multiple markets," said Hoang. "Rapyd allows businesses to focus on their core services while we navigate much of the risk and compliance issues on their behalf. Ensuring compliance in one market is no small feat and the challenge that Rapyd has undertaken, very successfully, to guarantee compliance in so many markets is the secret sauce that will truly enable the new age of digital cross-border commerce and finance."

Robert MacColl comes to Rapyd with over 20 years' experience in the financial services industry, both in a consulting capacity and at financial institutions. Specializing in deploying innovative payments and banking solutions that drive growth, MacColl most recently served as the Head of Client Development at Cross River Bank and as a Payments Expert at Silicon Valley Bank, where he focused on partnering with leading fintech and payments companies and deploying API driven banking solutions. 

"Strategic relationships between financial institutions, from banks to payment processors to fintechs, are the lifeblood of the industry, fueling new initiatives and dynamic services that propel the industry forward," said MacColl. "It is exciting to join Rapyd at such a major junction, where forging major partnerships in different localities will drive substantial impact and growth for the company."

"We are happy to welcome LeAnne and Robert to the Rapyd team. Both are recognized as industry experts in their respective fields and come with the deep know-how and strategic expertise we need to accelerate our growth," said Eric Rosenthal,  Managing Director and VP Rapyd Americas. "Both are filling major roles and are a testimony to our investment commitment in the region, where we have aggressive plans to grow rapidly.

About Rapyd

Rapyd is the fastest way to power local payments anywhere in the world, enabling companies across the globe to access markets quicker than ever before. By utilizing Rapyd's unparalleled payments network and Fintech-as-a-Service platform, businesses and consumers can engage in local and cross-border transactions in any market. The Rapyd platform is unifying fragmented payment systems worldwide by bringing together 900-plus payment methods in over 100 countries. Rapyd's investors include Stripe, General Catalyst, Oak FT, Tiger Global, Durable Capital, Target Global, and TaL Capital. To learn more about the company that is accelerating the Fintech-as-a-Service revolution, visit www.rapyd.net, read our blog, or follow us on LinkedIn and Twitter.

SOURCE Rapyd

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