Thunes optimises operations with General Counsel appointment

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Thunes, a cross border payments company, has named Ruwan De Soyza as General Counsel to oversee all legal, compliance and secretariat affairs.

In his new role, reporting to Thunes’ CEO Floris de Kort, De Soyza will lead a team across various practice areas, including payment regulation, licensing, compliance, M&A and commercial contracts.

de Kort commented: “I’ve known and worked with Ruwan for many years as a key advisor, and together we’ve professionalised and scaled companies to advanced maturation. He brings a wealth of experience, thorough legal and compliance payments knowledge, and a care and passion for seeing businesses and their people and customers succeed.” 

De Soyza brings over 25 years of legal experience in highly regulated environments, having held General Counsel and Executive roles at companies such as Xplor Technologies and Halma PLC.

He spent over seven years at Worldpay, advancing to Group General Counsel in 2017. During his time there, he co-established the legal and compliance function ahead of its 2015 IPO and £9bn merger with Vantiv, supporting the firm’s growth into a leading global payment processor.

De Soyza’s leadership will fortify Thunes’ legal and compliance functions as the company broadens its global money transfer network. His appointment comes shortly after Thunes revealed a partnership with Pomelo to launch a US-to-Philippines international money transfer service.

Commenting on his new role, De Soyza said: “Thunes powers cross-border payments for some of the world’s fastest-growing businesses and is growing rapidly. I’m excited to join the team and steer its legal and compliance functions to continue to optimise operations, licensing and seize new opportunities.”