Welcome to Moneycorp

We’re reinventing how businesses and private clients safely navigate the global payments market.

Welcome to Moneycorp

Moneycorp is a leading cross-border payments business banking licences and operations across the entire value chain of the international payments and foreign exchange industry.

Drawing on more than four decades of industry expertise, we provide human-first, technology-enabled solutions to our client’s challenges, bolstered by an uncompromised approach to regulatory excellence.

Meet our Executive Team

Velizar Tarashev

Executive Director – CEO

Velizar was appointed as Moneycorp CEO in July 2023 after 2 years in the CFO role. Velizar has a long track record of successful execution in regulated financial services. Before joining Moneycorp, he spent more than a decade at Barclays in various leadership roles including Finance, Strategy and Technology, with his final role as CFO at Barclays Private Bank. He has also held the role of associate Director in the FIG investment banking practice of UBS.

Richard Brice

Executive Director - CFO

Richard took over as CFO during the year, joining from Barclays where he spent the last 12 years, most recently holding the role of Managing Director, Barclays Bank plc Controller. Prior to this, Richard was the Barclays Head of Group Planning, Reporting & Analytics. Before joining Barclays, Richard held roles as a Major Retail Group Division Supervisor at the Financial Services Authority, Head of Risk Analysis & Capital Planning at Nationwide Building Society and a number of Finance roles at Lloyds Banking Group.

 

Emma Alley

Executive Director – COO

Emma is the Chief Operating Officer at Moneycorp. She leads a global team of 250 people and oversees Technology, Compliance Operations, Payment Operations, Supply Chain and Procurement. Emma joined Moneycorp in 2013, and her previous role was Head of Strategy & Financial Planning. Emma is a Chartered Accountant and has previously worked in Transaction Services at KPMG and Davy Stockbrokers.

Peter Green

Executive Director – General Counsel & CRCO

Peter is Moneycorp’s General Counsel and Chief Risk & Compliance Officer. He brings 30+ years’ experience in senior roles in compliance, risk and regulatory. His previous experience includes MoneyGram International, where he served as their Global Head of Regulatory Affairs, as well as serving as General Counsel and Chief Compliance Officer at various blue-chip firms.

Meet our Board

Alan Bowkett

Chairman

Alan is an experienced Chair of international publicly listed and private equity backed companies operating in highly regulated markets. He has held previous CEO roles include Berisford plc, RHP Bearings and Boulton and Paul plc and has also held previous Chair roles at Norwich City FC, IDH Holdings, Redrow PLC, and Diaverum. Other current Chair roles include Cambridge Education Group, Ontic, and Evac Group.

Edward Goble

Investor Director – Representative of BEIV Nominees Limited

Edward is a Director at Bridgepoint. Edward has worked closely with Moneycorp throughout Bridgepoint’s investment to date. He joined Bridgepoint’s Financial Services and Technology team in 2014, having previously worked in the M&A teams at Goldman Sachs and Deutsche Bank.

Adam Jones

Investor Director – Representative of BEIV Nominees Limited

 Adam is a Partner and the COO of Bridgepoint, Moneycorp’s ultimate shareholder, and Group CFO of Bridgepoint Group plc. He joined Bridgepoint in 2018 and is a member of the Group Board and its Executive Committee. Prior to Bridgepoint, Adam held a number of CFO roles at various global organisations.

Mark Horgan

Non-Executive Director

Mark stepped down as Moneycorp CEO in July 2023, after 12 years in the role however remains on the Board as a Non-Executive Director and assumed the role of Deputy Chairman in early 2024. Mark previously held the role of Managing Director of Travelex’s Cards and Mobile Payments Division and European CEO of The Number UK (owner of 118 118 info. service). He served as Executive Director on the Board of MFI Group PLC from 1999 to 2005 and also held various marketing roles with Mars, Nestle and United Biscuits.

William Paul

Non-Executive Director

William rejoined as a Non-Executive Director and Chair of the Audit Committee in October 2023, after previously sitting on the Board as an Investor Director until retiring from Bridgepoint in 2021. He brings 25 years of experience as a multinational, multilingual investor and advisor. During his 22 years at Bridgepoint, William held the role of Lead Partner for Financial Services and Sports Media, and sat on various regulated financial services boards. Prior to Bridgepoint, William was a member of the FI Group at UBS. William is also a Non-Executive Director at Dorna Sports.

Martin Clements

Non-Executive Director

Martin joined Moneycorp as a Non-Executive Director in 2018 where he also chairs the Risk Committee. Originally trained in computer and natural sciences, Martin previously held the position of Director General Technology and Transformation at the UK Foreign and Commonwealth Office. Martin has chaired several Boards and acted as an advisor to global business leaders, mainly in the defence technology, cybersecurity and financial services sectors.

David Shedd

Non-Executive Director

David joined Moneycorp as a Non-Executive Director in 2018. He has over 30 years of national security expertise, serving as part of the US government in a variety of senior intelligence roles and previously held the role of Director of the Defense Intelligence Agency. He has also served as the inaugural Deputy Director and National Security Council’s Special Assistant to the President.

Our formula
for success

Through our distinctive technology, we have created a state-of-the art, scalable platform which, when partnered with our extensive network, allows us to meet our clients’ ever-evolving needs across all geographies in which we operate. We deliver this by carefully combining smart technology, personalised service and extensive regulatory credentials.

Our values

Underpinning our business are our corporate values, which were created by our colleagues.   

 

Belonging

Excellence

Accountability

Client-orientated

Entrepreneurial

Our evolution

Moneycorp was first established in 1979 as a bureau de change business in central London. 45 years later, we have significantly transformed from a largely domestic, consumer focused analogue provider of foreign exchange, to an international, digitally-enabled, B2B2X currency solutions and payments provider and a key player in the global wholesale currency market. With 17 global offices and over 600 employees we have an extensive global network. In 2014, the retail business accounted for 57% of the Group’s revenue, with 98% derived from domestic revenue streams. Today, Moneycorp’s revenue is predominantly derived from corporates and financial institutions, with 89% of gross revenue now from B2B. In November 2019, Moneycorp Bank became the first of only two members to the Federal Reserve Bank of New York (FRBNY) FBICS program, providing Moneycorp with direct access to Federal Reserve US dollar currency services.

A message from our CEO

“We started in 1979 as a single foreign exchange office in London, and today, we are a world-leading cross-border payments business with operations across the entire value chain of international payments and foreign exchange. That’s quite a journey!”

Velizar Tarashev, CEO 

A message from our CEO

 

Our regulatory credentials 

Moneycorp operates a comprehensive gold standard compliance and regulatory infrastructure, at a global scale, holding 63* regulatory permissions. We hold two banking licences, Moneycorp Bank (Gibraltar) and Moneycorp Banco de Câmbio (Brazil), as well as licences & permissions in the UK, Europe, Brazil, the US, Canada, Hong Kong and UAE.

* Included in our 63 regulatory permissions are our two licences from the Central Bank of Ireland, which can be passported across Europe.