Remittance fintech TransferWise's head of Asia-Pac expansion leaves

Singapore

TRANSFERWISE - a remittance fintech dubbed a unicorn for its billion-dollar valuation - has lost its top executive who leads international expansion in this region, The Business Times has learnt.

TransferWise's head of banking Lukas May has resigned. His role as head of banking has been to establish relationships with commercial banks and central banks as part of the fintech firm's expansion out of the UK, and into Asia.