Dubai, United Arab Emirates: Monami Tech, the UAE-based fintech payments company, has announced a couple of key appointments, as it augments its regional team in light of recent expansion announcements.

New CIO Rivi Wickramrachchi has more than 30 years of experience in the technology domain in the financial services industry.  Before joining Monami Tech, he was responsible for implementing complex IT systems, defining enterprise architecture, software development, technology transformation initiatives, building teams and integrating technology platforms from mergers and acquisitions.

As former CIO of Network International, he played an integral role in the company’s expansion into new products and geographies, across the Middle East, Africa and the Indian Subcontinent, from a technological and strategic perspective. 

Monami Tech’s new Head of Products, Anupkumar Shetty, will be responsible for generating synergies between various products and partnerships with the aim of deriving maximum value for Monami Tech’s customers. With more than 12 years of global experience in business, strategy and technology. Anupkumar has excelled in the digital and payments space heading projects on Mobile Wallet, Payments, Blockchain, Artificial Intelligence, Robotics and Fintech. This in-depth and varied experience gives him an exceptional analytical capability and the knowledge to spearhead innovations in multiple endeavors.  

In his previous role, he was responsible for Payment Products and Innovations at UAE Exchange.

“As Monami Tech expands regionally, including an office in Bangalore, the technical expertise and wealth of experience that Rivi and Anup bring to the table is certain to stand us in good stead as we expand into India and open our new office in Bangalore,” said Brian Quarrie, CEO, Monami Tech.

These appointments are quite timely as Monami Tech recently announced robust growth within its portfolio. In February, the company launched Lendme, a frictionless digital service for financial institutions to provide instant loans at the point of decision through an easy-to-use app. In Q2 2018, they will be releasing Lendpro, a loan management platform and Lendgate, a risk assessment platform, thus building a complete end-to-end loan lifecycle management system.

About Monami Tech

Monami Tech is a fintech payments company specializing in helping financial services companies leverage the benefits of digital technology to enhance customer experience. We work with institutions to bridge the gap between conventional and sophistication through modern digital solutions. Our portfolio of market-leading solutions is focused on the delivery of the following pillars of value: • Increasing revenue • Reducing risk • Increasing efficiency in operations • Enhancing customer experience

Monami Tech has been in operation for 2 years and is headquartered in Dubai, UAE. Our solution suite extends across the entire payments value chain and assists in positioning institutions as a platform, innovating products and services and raising customers’ interest. Through simplification and digitization, we deliver customer onboarding automation platforms, digital wallets, loan origination systems, video conferencing, lending applications and others.

The focus is to ensure the financial services industry’s smooth transition into the digital era from the back office to the user interface. Financial institutions can now offer their customers a simple, secure and personalized experience on any device they choose. Whether it’s something as basic as opening an account, sending money across the globe or even applying for a loan, our technology makes financial services easy, anytime and anywhere.

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© Press Release 2018