Open banking fraud prevention firm Konsentus has added fintech veteran Michael Meyer to its board, as it ramps up its expansion plans.
Meyer is a managing partner at fintech venture capital firm MiddleGame Ventures. He has more than 30 years experience as a venture capital investor.
He previously co-founded Route 66 Ventures and has also led Imperial Capital Asset Management and managed high-growth equity portfolios for Wellington Management.
As a board member of Konsentus, Meyer will support the open banking risk manager’s global expansion plans and the rollout of the company’s technology to international markets.
“The Konsentus Group has unparalleled expertise and understanding of the open banking and open finance ecosystems and the implementation of regulatory frameworks and standards,” said Meyer.
“Combined with their first-class technology platform, Konsentus is well-placed to be a global market leader and I am delighted to be supporting them on this journey.”
Mike Woods, chief executive of Konsentus, added: “Michael is internationally recognised in both the fintech and regtech industries having invested in over 50 start-ups.
“His guidance, support and strategic input will be invaluable to us as we embark on the next stage of our international expansion plans.”
MiddleGame Ventures has previously invested in Konsentus.