Zepz, the company behind WorldRemit and Sendwave, has announced that Chief Executive Officer and Board Director Mark Lenhard will step down over the coming weeks.
The Board has appointed Barrie Morris, currently Chief Financial Officer, as Interim CEO while it searches for a permanent successor.
Morris has more than 25 years of experience in financial services and has served as Zepz’s CFO since 2023, overseeing the company’s financial strategy and operational foundations.
“Zepz enters this next phase from a position of financial strength and operational discipline,”
he said.
“As Interim CEO, my focus will be to execute our strategy at pace, expand our global reach and invest in the products and infrastructure that drive long-term growth for our customers.”
In 2025, Zepz transferred over US$17 billion for customers, processed more than 120 million transactions across 130 countries, and achieved cash flow profitability.
Q4 revenue grew 25%, and the company expects around 20% revenue growth in 2026.
Featured image credit: Edited by Fintech News Switzerland, based on image by mangpor2004 via Freepik
