London-based remittance FinTech TrasferGo has appointed a new CTO to drive the company’s roadmap as it continues to bring new service offerings.

Edgardo Savoy will lead TransferGo’s team of more than 60 engineers, and brings over 25 years of product and technology experience.

He has held senior positions at Paddy Power and, and has led large scale global technology and product teams whilst working in South America, Europe and the UK.

Commenting on the appointment, Daumantas Dvilinskas, CEO and Co-Founder, TransferGo said: “Edgardo is a great example of the type of individual we look to hire – someone who understands our ethos and the relentless focus we place on improving the lives of our customers.

“I’ve no doubt that with his drive, leadership and ability to solve complex customer experience challenges through technology innovation, we will exceed expectations and will continue our assault on being the fastest, most reliable, remittance company not just in Europe, but globally.”

TransferGo reports it now has over 2 million user, and the appointment follows a $10m investment boost that will enable the business to expand its global footprint and continue to launch new services on its cross-border payments platform.

“I can’t think of a more exciting time to join TransferGo” said Edgardo. “The culture of innovation and passion for providing users with a fantastic experience is something I have deep affinity with. I’m looking forward to guiding an incredibly talented engineering and product team to even higher heights as we enter this new phase of growth”.

TransferGo is favoured by migrants working in the UK who send money home to their families but don’t want to deal with the bureaucracy and fees imposed by banks for processing payments in other countries and currencies.