TransferGo hires Mantas Žalneravičius as new CTO

Migrant-focused money transfer network TransferGo has appointed Mantas Žalneravičius as its new chief technology officer, to double down on its financial inclusion mission

As new TransferGo CTO, Žalneravičius will focus on building out a team of engineers to work on the Fintech‘s innovation roadmap, evolving and strengthening its payment proposition.

This is expected to begin with the development of a bank account and card solution for Ukrainian customers, with the conflict in Ukraine causing financial service disruption.

Žalneravičius brings over 15 years’ experience in steering financial services innovation to TransferGo, joining from Danske Bank, where he served as global head of IT within the payments team.

At Danske Bank, he was focused on building instant cross-border payment capabilities with a centralised clearing house in the Nordics — experience that will lend itself well towards doubling down on TransferGo’s financial inclusion mission.

“I am proud to be joining a business like TransferGo that is innovating in global payments to help and support those that need it most,” said new TransferGo CTO, Žalneravičius.

“I’m excited to use my skills and experience to make money transfers fairer for migrants, and to work with the diverse and passionate team at TransferGo to deliver impactful financial services.”

Daumantas Dvilinskas, CEO and co-founder of TransferGo, commented: “It was critical that we appointed a chief technology officer that lives and breathes our values.

“As a company committed to serving the migrant community, it’s our digital proposition that keeps them financially connected and so we must continue to evolve and innovate as their needs change.

“With experience in marrying technology with customer experience, Mantas is the perfect fit for this role and we’re happy to welcome him as part of the TransferGo team.”

In September, TransferGo raised $50 million in a Series C funding round to further develop its product offering and expand its customer base.


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Aaron Hurst

Aaron Hurst is Information Age's senior reporter, providing news and features around the hottest trends across the tech industry.

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