Wise appoints Grab co-founder, ex-Trainline CEO to its board

London-headquartered fintech firm Wise announced the appointment of two new director designates to its board: Tan Hooi Ling, co-founder of Southeast Asian super app Grab, and Clare Gilmartin, former CEO of digital rail ticketing platform Trainline.

The pair joins Ingo Uytdehaage, chief financial officer at payments company Adyen, and David Wells, former finance chief at streaming titan Netflix, who both joined Wise in 2019, when it was still known as TransferWise.

Tan Hooi Ling / Photo credit: Rise / Flickr

“Clare and Hooi Ling will bring a wealth of experience that will help us deliver on our mission as we continue to expand globally,” said Kristo Käärmann, Wise’s co-founder and CEO. “Over the next few years, we’ll be expanding our product around the world, continuing to innovate to lower the cost of cross-border transactions.”

In February, the UK-based startup announced its rebranding and the expansion of its Singapore office, which will serve as a base for its regional growth. Wise said it would be hiring for over 70 people in the city-state for roles in expansion, engineering, product, and operations, among others.

The company also appointed former Bank Negara Malaysia executive Lim Paik Wan to serve as its country manager for Malaysia as it broadens its presence in the country.

Wise said it processes 4.5 billion pounds (US$6.3 billion) in cross-border transactions monthly.