SafeCharge (AIM: SCH), the global provider of payments services, technologies and risk management solutions for online and mobile businesses, announces that Ali Khwaja, currently Chief Executive of SafeCharge Card Services and Executive Vice-President of SafeCharge Group, has been appointed Group Chief Financial Officer with immediate effect.
Mr. Khwaja, is a Certified Financial Analyst and has worked in the Group since joining from Berenberg Bank in February 2015. He has more than a decade of experience in the financial markets and technology sector. Mr. Khwaja was a Financial Technology Analyst at Berenberg, where he specialised in the payments space; and was ranked Top 3 Technology Analyst in Europe by Extel Thomson Reuters in 2013, based on votes from managements of European technology companies. Prior to Berenberg, Mr. Khwaja was a Technology Analyst at UBS.
In his role as Group CFO, Mr Khwaja will oversee SafeCharge Group’s finances, lead engagement with its financial stakeholders, and drive it’s M&A strategy, following the Group’s acquisitions of 3V and CreditGuard in December 2014.
Mr Khwaja will remain as CEO of SafeCharge Card Services - SafeCharge group's subsidiary in Dublin. He will be overseeing the launch, later this year, of Pay.com, a digital first, alternative bank account. PAY.COM provides services related to saving, spending and transfering money to the unhappily banked, underbanked, and unbanked. Drawing on SafeCharge Card Services’ technological expertise and it’s million existing customers, Pay.com will be able to deliver simple, secure, and smart access to financial services at superior price points to its competitors. It targets services also include remittances and mobile payments