mohit davar - jetixa · mohit davar mohit davar is a payments expert and has worked in the industry...

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Mohit Davar Mohit Davar is a payments expert and has worked in the industry for over 25 years. He started his career at Sedgwick Noble Lowndes internal audit and then moved to Thomas Cook Group, corporate finance department. While at Thomas Cook, in 1997, he help set up the joint venture between MoneyGram Inc. (NYSE listed company) and Thomas Cook. He ran this JV until 2003, when the 49% held by Thomas Cook was sold back to MoneyGram at a significant valuation. He then set up Travelex Money Transfer, a subsidiary of the Travelex Group. This was sold to Coinstar Inc. (NASDAQ listed company) in 2006. He continued to build Coinstar Money Transfer into a very successful global remittance company and sold it to Sigue Financial Corporation in 2011. After the close of the transaction, he left the company. He then went on to set up his own consultancy / advisory service in Dubai. He joined the Board of Eastnets, a swift service bureau in Dubai and was involved in various payment/mobile wallet projects in the region. He was also a board member of Earthport Plc; UK AIM listed payments company, from 2012 to June 2016. He also Chaired an Intra-Africa remittance payments company set up in Kenya / Mauritius for 1 year. He is now on the Board of and an advisor to a number of payment companies, including OKCoin/OkLink, the largest Bitcoin exchange in China. He is the Chairman of International Association of Money Transfer (remittance trade body) and also a member of the Institute of Chartered Accountants in England and Wales. www.jetixa.com London Dubai Malaysia 1995 – 1997 Manager, Corporate Finance, Thomas Cook Group 1997 – 2003 CEO, MoneyGram International 2003 – 2006 CEO, Travelex Money Transfer 2006 – 2011 CEO, Coinstar Money Transfer 2011 – Present President & CEO, T & J Capital Group (Investor, Non-Exec Board Member and Strategic Advisor to payment companies) Career Summary CHIEF EXECUTIVE OFFICER

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Page 1: Mohit Davar - Jetixa · Mohit Davar Mohit Davar is a payments expert and has worked in the industry for over 25 years. He started his career at Sedgwick Noble Lowndes internal audit

Mohit Davar

Mohit Davar is a payments expert and has worked in the industry for over 25 years.

He started his career at Sedgwick Noble Lowndes internal audit and then moved to Thomas Cook Group, corporate finance department. While at Thomas Cook, in 1997,he help set up the joint venture between MoneyGram Inc. (NYSE listed company) and Thomas Cook. He ran this JV until 2003, when the 49% held by Thomas Cook wassold back to MoneyGram at a significant valuation.

He then set up Travelex Money Transfer, a subsidiary of the Travelex Group. This was sold to Coinstar Inc. (NASDAQ listed company) in 2006. He continued to build Coinstar Money Transfer into a very successful global remittance company and sold it toSigue Financial Corporation in 2011. After the close of the transaction, he left the company.

He then went on to set up his own consultancy / advisory service in Dubai. He joinedthe Board of Eastnets, a swift service bureau in Dubai and was involved in various payment/mobile wallet projects in the region.

He was also a board member of Earthport Plc; UK AIM listed payments company, from 2012 to June 2016. He also Chaired an Intra-Africa remittance payments companyset up in Kenya / Mauritius for 1 year.

He is now on the Board of and an advisor to a number of payment companies, including OKCoin/OkLink, the largest Bitcoin exchange in China.

He is the Chairman of International Association of Money Transfer (remittance trade body) and also a member of the Institute of Chartered Accountants in England and Wales.

www.jetixa.comLondon • Dubai • Malaysia

1995 – 1997Manager, Corporate Finance, Thomas Cook Group

1997 – 2003CEO, MoneyGram International

2003 – 2006CEO, Travelex Money Transfer

2006 – 2011CEO, Coinstar Money Transfer

2011 – PresentPresident & CEO, T & J Capital Group(Investor, Non-Exec Board Member and Strategic Advisor to payment companies)

Career Summary

CHIEF EXECUTIVE OFFICER