Zepz names Steven Eisenhauer its chief risk officer
Zepz, the group behind WorldRemit and Sendwave, has hired Steven Eisenhauer to lead risk and compliance, according to Condia.
The facts
- Zepz, which owns WorldRemit and Sendwave, has appointed Steven Eisenhauer as Chief Risk & Compliance Officer, according to Condia.
- Eisenhauer has more than 15 years in risk and compliance across banking, payments and crypto. He was most recently Group Chief Risk and Compliance Officer at EML Payments and earlier built the compliance function at Ramp Network.
- Zepz says volumes grew by 25% in 2025, it moved $17 billion for customers, and it now serves more than 9 million customers.
- Mark Lenhard stepped down as CEO earlier this year. CFO Barrie Morris is interim CEO while the board looks for a permanent replacement.
Case notes · Danny's take
Why it matters
A remittance firm that holds and moves dollar stablecoins carries a different kind of risk from one that only sends bank transfers. Fraud, sanctions screening and customer protection stop being back-office chores. They become the product. Zepz is hiring someone who has worked on both the bank side and the crypto side. For the many Africans who depend on money sent from abroad, that is the layer that decides whether a transfer lands safely or not.
For traders
There is no direct trading angle here. If you follow USDC or Solana activity, watch whether Zepz publishes more on Sendwave Wallet usage over the coming months.
For builders
Stablecoin payments are being built on compliance rails, not around them. Source text notes Zepz works with TRM Labs on financial crime controls, so analytics, screening and fraud tooling are where remittance and wallet teams are spending money. Note too that Sendwave excludes USDC transactions from refunds, according to Condia's earlier report, so customer protection design is an open problem.
Not financial advice. Do your own investigation.
This story was summarised with AI from Benjamindada's reporting and checked against our editorial policy. Danny's take reflects his views. Disclaimer.
Danny Walter
Founder of Moon Republic, Volt Terminal and Moon Republic Academy. Author of The Market Is a Crime Scene and After the Applause.