The Singapore-based B2B global payments platform for emerging markets Thunes, announced that it has added KB Teo to its team as its new Chief Financial Officer (CFO), effective immediately.
LeapRate reminds that back in February, TransferTo revealed a complete rebrand creating two separate companies – Thunes and DT One.
Teo has more than 25 years of experience in financial planning, corporate finance, risk management, and investor relations. Prior to Thunes, Teo was the CFO for technology companies in China including Ule.com and Pactera. As an investment banker with Goldman Sachs, Deutsche Bank AG, and Piper Jaffray for 10 years, Teo worked with clients in greater China and Southeast Asia.
We are excited to have KB join our team during such an exciting time as we are expanding exponentially,” said Steve Vickers, CEO of Thunes. “His skillset was a perfect match for what we were looking for in a CFO and has already become an integral part of our executive team.
I am thrilled to join the Thunes team as they are quickly becoming leaders in the digital payments arena for emerging markets,” Teo said. “I look forward to growing with the company and working with the team to create a new payment ecosystem for emerging markets.