Fintech Lanistar names Ed Blankson as chief financial officer
London-based fintech platform Lanistar has appointed Ed Blankson as its new chief financial officer (CFO) as it looks to bolster its growth.
Blankson, who spent several years at Tide, brings “a wealth of experience” to the role, Lanistar says.
Lanistar CEO Jeremy Baber says Blankson’s “vast experience” in finance and legal-risk compliance will help the fintech shore up its market position.
Baber adds: “Lanistar is experiencing huge growth with the development of new offerings for our customers.”
Lanistar is currently rolling out in Brazil where it claims to have seen “a rapid uptake” of open accounts within four months of its launch. The fintech is also looking to integrate a cryptocurrency exchange alongside its existing offerings.
This follows the news that the fintech is fully compatible with Google Pay and a partnership with Apple Pay “is expected soon”.
Founded in 2019 by Gurhan Kiziloz, the fintech, which acts as a platform for a number of financial products including bank accounts and crypto services, faced regulatory heat in 2020 from the Financial Conduct Authority.
The firm says it is not a bank but a payment card provider, operating as an intermediary that offers financial services to end users. Lanistar offers the services of a bank account through its banking partner Modulr.