Tintra PLC announces appointment of Dr Vanessa Neumann to its Board

Tintra PLC has announced the appointment of Dr Vanessa Neumann as an Independent Non-Executive Director to help drive the Group’s next stage of growth and development.

Focused on enabling financial institutions, EMI’s, multi-nationals, and large corporates in the emerging world to gain access to banking systems that understand their geographic need, Tintra is on a mission to democratise financial regulation and level the playing field between emerging markets and advanced economies.

A native Venezuelan with an impressive career as a diplomat, author, entrepreneur, Dr Neumann is recognised worldwide as an authority on transnational threats, financial business integrity and Latin American business, therefore bringing a wealth of experience that will prove valuable for the future development of Tintra’s Artificial Intelligence and banking infrastructure led business overseas.

Dr Vanessa Neumann

Having worked closely with both US and UK Governments and various international organisations, including the UN and OECD, Dr Neumann’s experience and understanding of global compliance and regulatory challenges extends to her position as the Venezuelan Interim Government’s official representative to the UK, where she participated in the legal dispute over control of Venezuela’s gold deposited at the Bank of England.

As a result, Richard Shearer, CEO of Tintra PLC, and the wider Senior Leadership Team are excited to welcome Dr Neumann to the Board.

Richard Shearer confirmed: “I am delighted to welcome Dr Neumann to Tintra PLC. For several months, Vanessa and I have been discussing both the philosophies and strategies that are shaping the future of our Company now and, we hope, the broader financial sector as we continue to execute at pace.

Vanessa’s skill set and world view is an almost perfect fit with our vision of using artificial intelligence to rethink the way in which compliance and regulatory hurdles are met, and indeed surpassed, in a rapidly evolving financial landscape.

The depth of experience in both the public and private sectors that Vanessa brings to the company is going to prove to be integral as our Puerto Rico banking licence comes online later in the year and our LATAM strategies start to take shape.”

This announcement comes just weeks after Tintra closed the first tranche of its $10m funding round, with the announcement of an initial $3 million investment at a valuation of $100 million – which will be used to drive its next stage of strategic growth and the build of game changing artificial intelligence via the development of its RegTech business unit.

Discussing her new Board position, Dr Neumann said: “I’m delighted to join the board of Tintra and lend a hand to its ambitions for frictionless financial bridging of business in emerging markets to the rest of the world. Economic inclusion is key to socially just development, and Tintra’s mission to leverage cutting edge KYC and AML technology to provide that inclusion is one that matches the values that have shaped my career. I look forward to working with Richard Shearer and the rest of his team to realise the vision and being part of Tintra’s growth trajectory.”

Tintra PLC is publicly listed on the AIM market of the London Stock Exchange and also available on the OTCQB Venture Market in New York.

 

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