Stanhope Financial Group, an EU (Dublin) based globalfintech company that provides businesses with a full suite of banking services, has hired Andrew H Brown as the company’s new Chief Risk and Compliance Officer, following a $10m series A funding round.
Brown has decades long experience in cross-border financial services, most recently supporting platform entities restructure group activity to balance effective risk and compliance management with supporting business growth objectives and accessing the new opportunities afforded by financial technology.
Stanhope Financial Group has seen significant growth across its business divisions since it began operations in October 2021.
SH Payments division, an EU authorised Electronic Money Institution, offers businesses banking services to efficiently send and receive money globally, including FX, multi-currency accounts, and innovative payments solutions.
SH Capital, authorised by the DIFC, Dubai, allows institutions and family offices to gain access to premium global investment products across all capital markets.
Andrew H Brown, Chief Risk and Compliance Officer, Stanhope Financial Group said:
“I’m excited to be joining a fast-growing and ambitious company that is bringing innovative new products to market. Stanhope is already setting the agenda with its suite of services from payments expertise to capital and wealth management offerings, and I look forward to working with Kevin and the team to continue this expansion.”
Kevin von Neuschatz, Group CEO of Stanhope Financial Group, said:
“We are delighted to welcome Andrew to the Stanhope team, he brings with him decades of extensive experience overseeing risk and compliance for a number of prestigious organisations and will be a huge asset as we continue our expansion.”
About Stanhope Financial Group
Stanhope Financial Group is a digital treasury and payment services provider headquartered in Ireland, with subsidiaries in Dubai and Lithuania, providing consolidated Tier 1 banking services to SMEs across the UAE, Asian, African and Eastern European markets.