Luno, the crypto funding app with over 10 million prospects throughout 40 nations, has appointed Johan Hetzel as its head of compliance for Africa.
Hetzel joins Luno from Mama Cash, a South Africa-based cash switch fintech firm, the place he served as the top of compliance for his or her world operations.
Hetzel has deep management expertise in compliance throughout the monetary providers business from his tenures at Barclays Africa and TymeBank ,the nation’s first absolutely digital financial institution.
He additionally acted because the registered cash laundering management officer with the South African Reserve Financial institution and Monetary Intelligence Centre (FIC).
Hetzel holds an honours diploma in Forensic Accounting and can be a board member of the Affiliation of Licensed Anti-Cash Laundering Specialists (ACAMS) South African Chapter, the place he holds the place of co-programme director.
Hetzel’s rapid focus will likely be to construct on Luno’s excessive compliance requirements as one of many world’s most regulated crypto asset service suppliers. He will even be actively concerned in Nigeria and South Africa’s improvement of regulatory frameworks and the related licensing purposes.
Luno has a presence in South Africa, Nigeria and Uganda the place the crypto funding app is already a trusted information, itemizing solely currencies which might be price contemplating as a long-term funding.