B

BVNK

Cross-border payments platform with digital assets

Head of Risk

Full-TimeUpdated on 10/15/2026
No salary listed
Expert
Singapore
Hybrid
Finance & BankingRisk Management

About the job

Requirements
  • Significant experience in risk management within a regulated financial services environment, ideally in payments, e-money, fintech, banking or digital assets.
  • Strong knowledge of the Singapore financial services regulatory environment and experience operating within MAS-regulated businesses.
  • Proven experience developing, implementing and maintaining Enterprise Risk Management frameworks, policies and processes.
  • Strong understanding of risk appetite frameworks, risk taxonomies, risk registers, risk assessment, Key Risk Indicators and risk governance.
  • Experience providing effective second-line risk oversight and challenge within a regulated organisation.
  • Experience working with regulators and senior governance forums, and communicating complex risk matters clearly and confidently.
  • Strong experience preparing risk reporting and papers for senior management, executive committees and/or Boards.
  • Ability to make sound, risk-based decisions and balance regulatory expectations with the needs of a fast-growing business.
  • Ability to influence and challenge senior stakeholders when required.
  • Ability to operate autonomously and manage multiple priorities in a fast-moving and evolving environment.
  • Ability to build a strong risk culture across risk teams and the wider business.
Responsibilities
  • Own and oversee the risk management framework for BVNK’s Singapore entity, ensuring that it meets local regulatory expectations and remains aligned with the Group risk framework.
  • Partner with the VP, Group Risk & Governance and senior leadership to ensure an effective, consistent and scalable approach to risk management.
  • Establish, maintain and continuously enhance the Singapore entity’s risk appetite, policies and supporting risk management processes.
  • Lead the Singapore Enterprise Wide Risk Assessment, ensuring material risks are identified, assessed, monitored and appropriately mitigated.
  • Develop and embed Key Risk Indicators and other risk metrics to provide timely visibility of BVNK Singapore’s risk profile and exposures.
  • Provide independent second-line oversight and challenge to the business, ensuring risks associated with growth, new products, partnerships and operational changes are appropriately understood and managed.
  • Ensure appropriate risk governance and reporting is in place, including clear escalation of risks that fall outside agreed risk appetite.
  • Support engagement with the Monetary Authority of Singapore and other relevant regulatory stakeholders on risk-related matters, including regulatory requests and reviews.
  • Identify and assess emerging risks and regulatory developments that could impact BVNK’s Singapore operations, and ensure appropriate mitigation plans are established.
  • Work with Group Risk, Compliance, Financial Crime, Legal, Product and Operations to embed effective risk management across the business.
  • Champion a proactive risk culture, helping first-line risk owners understand their responsibilities and strengthening risk ownership throughout the Singapore business.
  • Contribute to the development of Group risk frameworks, sharing local expertise and ensuring Singapore remains integrated into the global approach.

About the company

B

BVNK

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Website

BVNK provides a fintech platform for global business payments and cross-border liquidity, helping growing companies move money quickly without pre-funding and pay suppliers without tying up cash. It moves liquidity across markets, supports digital assets for integration without requiring balance-sheet holdings, and offers a low-code hosted payments page to add new methods. It differentiates itself with no-prefunding liquidity, easy digital asset integration, and clear onboarding and reporting tailored to emerging markets. Its goal is to help businesses move money faster, cheaper, and more predictably across borders.

Company Size

201-500

Company Stage

Acquired

Total Funding

$90M

Headquarters

London, United Kingdom

Founded

2021

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Simplify's Take

What believers are saying

  • BVNK added Stellar on September 22, 2026, expanding low-cost cross-border settlement.
  • Marqeta partnered with BVNK on September 9, 2026 for stablecoin-backed cards.
  • Visa Direct pilot programs use BVNK since January 14, 2026.

What critics are saying

  • Mastercard now controls BVNK, risking product absorption and brand fade by 2027.
  • A stablecoin crackdown shuts BVNK's core settlement model in major markets.
  • Visa, Marqeta, and MiFinity all replicate BVNK's rails, compressing margins quickly.

What makes BVNK unique

  • BVNK unifies fiat and stablecoin rails through one API across 130+ countries.
  • Mastercard completed BVNK on August 3, 2026, giving it unmatched distribution.
  • Its 25-plus licenses and compliance stack let enterprises settle without crypto operations.

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Benefits

  • Remote Work Options
  • Hybrid Work Options
  • Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

1%

2 year growth

-1%
Flywheel Publishing, LLC
Oct 16th, 2026
Mastercard now lets banks hold stablecoins and dollars in one account. What changes for customers?

Mastercard now lets banks hold stablecoins and dollars in one account. What changes for customers? Mastercard just gave banks the infrastructure to merge stablecoins and traditional currencies into a single account, but the rollout raises more questions than answers about which coins qualify, what it costs, and when ordinary customers will actually see it. Mastercard (NYSE:MA | MA Price Prediction) and BVNK launched the Global Money Platform, allowing banks, fintechs, and businesses to offer a Mastercard stablecoin account that holds both traditional currencies and stablecoins in one place. This platform also includes stablecoin-linked cards and seamless transfers to local bank accounts. Mastercard acquired BVNK, a stablecoin payment company, for a reported $1.8 billion, marking its first major product launch since finalizing the acquisition on August 3. The launch announcement doesn't specify which stablecoins will be included, and stablecoins are typically pegged to the U.S. dollar, so traders don't have a specific coin to buy. Jorn Lambert, Mastercard's chief product officer, noted that the future of payments will depend on how well different networks and forms of money connect, emphasizing Mastercard's role in facilitating these connections. But what does this mean for consumers using a Mastercard stablecoin account? Banks and fintechs, not consumers, will offer Mastercard's new accounts. The Global Money Platform serves as back-end infrastructure, so individual consumers cannot sign up for it directly. Instead, banks, fintechs, and businesses will integrate this service into their apps and offer accounts under their own brands. These accounts allow for instant conversion between fiat currencies and stablecoins. The platform aims to provide services such as sending, receiving, converting, storing, spending, and earning. Mastercard also plans to introduce support for AI-powered transactions and tokenized deposits in the future. In its launch announcement, BVNK's post noted partnerships with several companies, including Nuvei, Marqeta (NASDAQ:MQ), Ontop, Bolt Group, and Almond FinTech. Notably, these partners are all payment or fintech firms, not well-known retail banks. Bank transfers will use Mastercard Move, the company's money-transfer network, while BVNK will handle stablecoin processing and licensing requirements, including disclosures under the European Union's crypto regulations (MiCA). Mastercard earns fees from card transactions, international volumes, and network activities, as well as from value-added services like security and data products. Therefore, spending with stablecoin-linked cards will contribute to Mastercard's existing revenue streams. A shared account speeds up cross-border transfers. A stablecoin is a cryptocurrency that aims to maintain a stable value by being pegged to the U.S. dollar and backed by reserves held by its issuer. By allowing businesses to hold both stablecoins and traditional currencies in one account, they can accept payments from customers overseas at any time, convert them instantly, and send the money to a local bank without relying on a separate cryptocurrency exchange. Blockchains operate continuously, including on weekends, while traditional bank wire transfers adhere to regular banking hours. This time difference matters most for international transactions. BVNK noted that businesses may not be able to use funds received on the blockchain if they cannot quickly convert them to local currency, and Mastercard expects to broaden coverage for these bank transfers by 2027. Free Report, Just Released Why Didn't MA Make The Top 10 List? 24/7 Wall St has helped investors make money for over two decades, and our top analysts just finished ranking the definitive Top 10 Stocks To Buy Now. Not the ten biggest companies. Not the ten everyone is arguing about. The ten best stocks to buy right now. And MA didn't make the cut! The report is free, and you can see why we think each stock is a top investment today. Banks are also making similar advancements. For example, on October 15, Cross River Bank announced that it has integrated Ripple's Ripple USD (CRYPTO:RLUSD) stablecoin into its core banking systems. Fintechs can now process RLUSD payments through a single connection, showing how bank adoption of stablecoins is becoming a key selling point for payment-focused digital currencies. Mastercard has not named its stablecoins, prices or consumer launch dates. The release from Mastercard and BVNK does not specify which stablecoins the accounts will support. This suggests that Mastercard is aiming to create a neutral platform that earns fees regardless of which stablecoin customers choose. Additionally, Mastercard has not provided any consumer launch dates or pricing details, and while it mentioned earning as a feature, it remains unclear who would fund these rewards. Competition in this space is heating up. Cross River already offers stablecoin accounts that display transactions in U.S. dollars, along with stablecoin-linked cards compatible with both Visa (NYSE:V) and Mastercard networks. This means fintechs looking for dual currency accounts already have alternatives, though Mastercard still benefits from card fees whenever a competitor's cards run on its network. While those involved in the product's development, such as BVNK co-founder Chris Harmse, have made optimistic statements, describing the platform as a vital infrastructure layer, it is important to remain cautious. What changes can customers expect from a Mastercard stablecoin account? In summary, Mastercard's stablecoin account represents a significant innovation in how digital currencies can be used alongside traditional money. However, customers should stay informed about the available stablecoins, potential fees, and how these accounts will work in practice. Got $1,000? Before you buy MA, read this. If you have cash sitting in your account right now, give this two minutes. After more than two decades of helping investors beat the market, our top analysts at 24/7 Wall St. put together a definitive report on the Top 10 Stocks To Buy Today. And MA wasn't one of them. They combed the entire market. It's not 10 ideas, not 10 stocks everyone is talking about, it's what their research points to as the 10 best stocks to buy right now, and it's free. Read more here and see which stocks made the list ->> Sam Daodu is a crypto analyst who's spent nearly a decade making blockchain understandable - no easy task when most whitepapers read like fever dreams. He writes for 24/7 Wall St., covering Bitcoin, altcoins, and crypto market analysis for investors. Before crypto, he was a tech writer (back when explaining "the cloud" was peak innovation). Since 2018, he's written for CoinTelegraph, Yahoo Finance, The Block, Cryptonews, Zypto, Rain, and more - basically anywhere people want crypto news without the headache. Sam runs MacLabs Marketing, a content agency for crypto brands tired of sounding like AI wrote their website. He also publishes free crypto education on his site for Web3 enthusiasts who think "gas fees" is a typo. When he's not writing or staring at charts, Sam's either: - Watching anime (currently convinced One Piece has better tokenomics than most altcoins) - At the gym sculpting himself into a Greek god - Listening to the music your mum warned you only bad boys listen to Connect: LinkedIn | Email | MacLabs Marketing

Yahoo Finance
Oct 15th, 2026
Mastercard and BVNK launch single API for fiat and stablecoin payments across 17B endpoints

Mastercard and BVNK have launched the Mastercard Global Money Platform, which lets banks and businesses manage traditional currencies and stablecoins through a single application programming interface (API). It is the first major product integration since Mastercard acquired BVNK in August 2026. The platform offers multi-currency accounts, real-time foreign exchange, stablecoin-linked cards, and local bank transfers through Mastercard Move, which reaches more than 17 billion endpoints. Card issuing is available in more than 130 countries. Nuvei, Marqeta, Ontop, Beem, and Almond FinTech are early integration partners. Mastercard expects coverage to grow to more than 40 currencies across over 200 countries and territories by 2027. It also plans to add support for agentic commerce and tokenised deposits. The platform is available now through BVNK.

Bitcoin.com
Oct 15th, 2026
Mastercard brings stablecoins to millions of retail checkouts.

Mastercard brings stablecoins to millions of retail checkouts. Mastercard is opening its global payments network to stablecoin spending through a new platform built with BVNK, allowing customers to use digital dollar balances at hundreds of millions of merchant locations. Announced Oct. 15, the service combines traditional currencies and stablecoins through one integration, with card issuing across more than 130 countries and bank payouts powered by Mastercard Move. Key takeaways. * Mastercard's new platform connects stablecoin balances to hundreds of millions of merchant locations. * BVNK and Mastercard combine fiat accounts, stablecoin conversion and global payouts through one API. * Mastercard Move reaches over 17 billion endpoints, with expanded currency coverage planned for 2027. Mastercard opens hundreds of millions of merchants to stablecoin spending. A stablecoin balance sitting in a digital account can now become spending money across Mastercard's enormous merchant network, without requiring customers to manually exchange their holdings first. On Thursday, Oct. 15, Mastercard and BVNK unveiled the Global Money Platform, connecting conventional banking and blockchain-based payments through a single interface. The arrangement opens access to hundreds of millions of merchant locations worldwide, with card issuing available in more than 130 countries. It's the first major product integration since Mastercard acquired BVNK in August. One account for traditional money and stablecoins. The platform allows banks, financial technology companies and businesses to offer accounts holding both fiat currencies and stablecoins, with real-time conversion, payment cards and international payouts handled through one application programming interface (API). Nuvei, Marqeta, Ontop, Beem and Almond FinTech are among the first companies integrating the service. "With Global Money Platform, we're delivering on our promise to connect BVNK's technology with the scale and trust of Mastercard," said Chris Harmse, BVNK's co-founder and chief business officer. A global payment network meets digital dollars. The payments giant Mastercard's Move platform adds access to more than 17 billion payment endpoints, allowing businesses to convert stablecoin balances into local currency payments delivered directly to bank accounts. Coverage is expected to expand beyond 40 currencies across more than 200 countries and territories in 2027. Raj Dhamodharan, Mastercard's executive vice president of blockchain and digital assets, explained, "We believe the future of commerce will be built on interoperability across multiple forms of money." Mastercard's $1.8 billion stablecoin bet. The launch follows Mastercard's August acquisition of BVNK, a transaction valued at up to $1.8 billion, including contingent payments. The platform is available through BVNK, with future plans encompassing tokenized deposits and commerce conducted by autonomous AI agents. The interesting shift is that stablecoins are no longer confined to specialized cryptocurrency payment services. Mastercard is positioning them alongside conventional money inside the same financial infrastructure.

CoinLaw
Oct 15th, 2026
Mastercard and BVNK launch Global Money Platform for stablecoins.

Mastercard and BVNK launch Global Money Platform for stablecoins. Published on: October 15, 2026, 8:21 AM EDT As Featured In Mastercard and BVNK launched Mastercard Global Money Platform on 15th October 2026, one API for holding, converting and paying out both fiat and stablecoins. It is the first major integration of the two companies' capabilities since Mastercard closed its BVNK acquisition in August. The brief. * Mastercard Global Money Platform bundles multi-currency accounts, real-time conversion, stablecoin-linked cards and local bank payouts behind one API, sold through BVNK. * Nuvei and Marqeta are among the first companies to integrate the platform, joined by Ontop, Beem and Almond FinTech. * Mastercard expects stablecoin-funded payouts through Mastercard Move to reach more than 40 currencies across 200-plus countries and territories in 2027. * Mastercard closed its BVNK purchase, after agreeing in March to pay up to $1.8 billion for the company. One API replaces a stack of vendors. Banks, fintechs and enterprises can embed the accounts, cards and payouts inside their own products under their own brand. They can also run their own treasury, payments and settlement on it. Customers start with the capabilities they need and add more as they ship, according to the joint announcement. The core product is a global money account. Fiat and stablecoins sit in it side by side, with conversion between them handled through the same API and configurable rewards layered on top. Payouts run on Mastercard Move, which reaches more than 17 billion endpoints. A business can send a stablecoin balance straight into a recipient's local bank account in local currency. Card issuing covers 130-plus countries, and stablecoin balances can be spent across Mastercard's acceptance network of hundreds of millions of merchant locations. Today CoinLaw is launching Global Money Platform - connecting BVNK's stablecoin engine to @Mastercard's global payments capabilities. Banks, fintechs and enterprises can now offer stablecoin payments, local payouts, stablecoin-linked cards, and multi-currency accounts through a single integration. Watch how it works | - BVNK (@BVNKFinance) October 15, 2026 The companies built their pitch around a manufacturer that collects several currencies and pays suppliers abroad. That firm today juggles separate accounts, vendors and pre-funded balances in each market, which ties up working capital. Raj Dhamodharan, Mastercard's executive vice president for blockchain and digital assets said: CoinLaw believe the future of commerce will be built on interoperability across multiple forms of money. Raj Dhamodharan Executive Vice President for Blockchain and Digital Assets - Mastercard BVNK co-founder and chief business officer Chris Harmse said the platform lets enterprise customers build global financial products at scale. He added that they would no longer need to build the underlying infrastructure themselves. The parts were already in place. The purchase price included $300 million in contingent payments. It also came months after Coinbase and BVNK walked away from a proposed $2 billion deal in November 2025. Mastercard completed the acquisition in August and pitched it at cross-border B2B payments, payouts, settlement and treasury flows. By mid-October, those use cases have a product name. Marqeta had already signed a stablecoin-card partnership with BVNK in September. That release described BVNK as the provider behind more than $39 billion in annualized payment volume. BVNK also lists Corpay, Worldpay and Deel among its clients. Global Money Platform turns deals like these into one package other fintechs can buy. The move also goes past Mastercard's earlier USDC settlement work with Circle. This time Mastercard owns the stablecoin infrastructure it is selling. The open questions. The launch materials leave real gaps. They give no pricing, no volume targets and no market-by-market rollout. Nor do they name which stablecoins the global money account will hold. BVNK's developer documentation still labels its stablecoin cards as beta and warns the product may change. Three questions stay open: * Which jurisdictions get card issuing first? * What will fiat-to-stablecoin conversion cost? * When will tokenized deposits, listed only as future support, go live? For existing BVNK clients, BVNK said at the August close that teams, products and integrations would stay the same with no action required. The new platform is offered through BVNK itself. The next scheduled marker is the 2027 Mastercard Move expansion, when stablecoin-funded payouts are set to reach the wider currency list. Support for agentic commerce and tokenized deposits carries no date yet. Until the cards leave beta, the card layer remains the least settled part of the launch. This article has been reviewed and fact-checked by Barry Elad. CoinLaw follows strict Publishing Principles and a documented Fact-Check Policy to ensure accuracy, transparency, and editorial independence across all content. Add CoinLaw as a Preferred Source on Google for instant updates! References. Asha Mensah. Senior Editor, Payments and Financial Inclusion Asha Mensah is a senior finance editor covering the systems people use to send, save, borrow, and move money. Her work focuses on payments, remittances, mobile banking, and the practical effect of financial technology on households and small businesses. Disclaimer: The content published on CoinLaw is intended solely for informational and educational purposes. It does not constitute financial, legal, or investment advice, nor does it reflect the views or recommendations of CoinLaw regarding the buying, selling, or holding of any assets. All investments carry risk, and you should conduct your own research or consult with a qualified advisor before making any financial decisions. You use the information on this website entirely at your own risk.

MarketScreener
Oct 15th, 2026
Mastercard and BVNK launch Mastercard Global Money Platform.

Mastercard and BVNK launch Mastercard Global Money Platform. Published on 10/15/2026 at 07:21 am EDT S&P Capital IQ Mastercard and BVNK announced the launch of Mastercard Global Money Platform, bringing together Mastercard?s global payments capabilities with BVNK?s stablecoin infrastructure through a single API. The launch marks the first major integration of Mastercard and BVNK capabilities since the acquisition of BVNK in August 2026. Global Money Platform provides a full-stack, modular infrastructure layer for modern finance. Banks, fintechs and enterprises can now embed multi-currency accounts, including fiat and stablecoins, real-time conversion, stablecoin-linked cards and local bank payouts through Mastercard Move into their own products and under their own brand. They can also use the platform to manage their own treasury, payments and settlement activity directly. Customers can start with the capabilities they need and add more as they become available, reducing the need to integrate separate providers for each part of the money journey. Payments leader Nuvei and modern card issuing platform Marqeta will be among the first to integrate Global Money Platform, alongside Ontop, Beem and Almond FinTech. The platform will enable customers to move more seamlessly between traditional currencies and stablecoins while expanding choice in how they accept, manage and move money across markets. At the center of Global Money Platform is the global money account: a multi-currency account where fiat and stablecoins can sit side by side, with conversion between the two through a single API. The platform gives users flexibility in how they manage and move funds across stablecoins and fiat currencies through a single integration, alongside configurable rewards and other account features. Fintechs and technology platforms can embed these accounts into their platforms to give customers one place to hold, convert and pay out earnings. The platform also integrates Mastercard Move, Mastercard?s portfolio of global money movement capabilities reaching more than 17 billion endpoints, enabling users to leverage stablecoin balances to make local currency payments directly into recipients? local bank account, with coverage expected to expand to more than 40 currencies across 200-plus countries and territories in 2027. Global Money Platform customers will be able to spend their stablecoin balances across Mastercard?s global acceptance network of hundreds of millions of merchant locations, with card issuing available across 130-plus countries. Global Money Platform is a full-stack, modular toolkit spanning send, receive, convert, store, spend and earn, designed for a multi-money future, where new forms of money, networks and payment models continue to emerge. This includes future support for agentic commerce and additional regulated forms of money including tokenized deposits. Mastercard Global Money Platform is available now through BVNK. (C) S&P Capital IQ - 2026