MoneyGram Unveils Significant Appointments to Its Board of Directors
New Board Members Strengthen MoneyGram's Focus on Fintech and Global Finance
MoneyGram, a global payments network, has announced the appointment of three new members to its Board of Directors. Colin Walsh, Chris Trendler, and Katherine Carroll, each bringing unique expertise in digital finance, organizational effectiveness, and public policy, will join the company starting July 2025.
Colin Walsh, the founder of Varo Bank, a leading digital bank, will bring his extensive experience in leading digital banks and advancing financial inclusion for underserved communities. Prior to founding Varo Bank, Walsh held executive roles at American Express, Lloyds Banking Group, and Wells Fargo.
Chris Trendler, a founding partner of Pendra Group, specializes in organizational effectiveness and leadership in high-growth businesses. Trendler has held leadership roles at Madison Dearborn Partners, ghSMART, McKinsey & Company, and started his career in law and public policy.
Katherine Carroll, a former executive at Stripe, brings deep knowledge in digital finance and fintech innovation. Carroll provided significant regulatory insight and compliance leadership at Stripe, guiding engagement with regulators and policymakers worldwide.
These new independent directors will support MoneyGram’s strategic growth, especially in scaling its cross-border payment platforms to enhance secure, affordable, and seamless international money transfers. The board expansion reflects MoneyGram’s focus on leadership with strong fintech and global finance backgrounds to guide its transformation.
With these new appointments, MoneyGram has a strong and well-rounded Board in place. Colin Walsh, with his extensive experience as a founder, entrepreneur, and global business leader in the digital banking space, will provide valuable guidance. Carroll's regulatory expertise and compliance leadership will be instrumental in ensuring MoneyGram's compliance with global regulations. Trendler's experience in organizational effectiveness and talent strategy will help MoneyGram navigate its growth effectively.
Varo Bank, under Walsh's leadership, has become one of the world's leading digital banks, focusing on advancing financial inclusion and economic opportunity for underserved communities. With these new appointments, MoneyGram is positioned to benefit from a balanced mix of expertise, experience, and diverse backgrounds to effectively oversee the business and support its long-term growth.
These appointments add valuable perspectives to MoneyGram's Board, helping to shape its strategic direction and guide its next chapter.
[1] Source: MoneyGram press release, July 2025.
- Colin Walsh's extensive experience in digital banking, particularly at Varo Bank, will contribute to MoneyGram's strategic growth, with a focus on scaling cross-border payment platforms for secure, affordable, and seamless international money transfers.
- Katherine Carroll's deep knowledge in digital finance and her regulatory expertise gained at Stripe will ensure MoneyGram's compliance with global regulations, thus strengthening its position in the global financial market.
- Chris Trendler's experience in organizational effectiveness and leadership in high-growth businesses will help MoneyGram navigate its growth effectively, particularly in the tech-driven digital banking sector.
