International Association of Money Transfer Networks
Mohit Davar is a payments expert and has worked in the industry for over 25 years. Over the last 24 months, he has been very actively involved in Blockchain and Digital assets, working as an adviser to various companies like Stellar, OkCoin Group and Huobi Group. He started his career at Sedgwick Noble Lowndes internal audit and then moved to Thomas Cook Group, corporate finance department. While at Thomas Cook, in 1997, he help set up the joint venture between MoneyGram Inc. (NYSE listed company) and Thomas Cook. He ran this JV until 2003, when the 49% held by Thomas Cook was sold back to MoneyGram at a significant valuation. He then set up Travelex Money Transfer, a subsidiary of the Travelex Group. This was sold to Coinstar Inc. ( NASDAQ listed company) in 2006. He continued to build Coinstar Money Transfer into a very successful global remittance company and sold it to Sigue Financial Corporation in 2011. He then went on to set up his own consultancy / advisory service in London and Dubai. He has since been involved with a number of companies in an advisory capacity and at the Board Level (list attached). He works closely with a number of public sector bodies such as the World Bank, UNCDF, IFAD, etc. actively promoting the financial inclusion agenda. He was also a member of the UNCDF investment committee (Shift Challenge) for a year. He is the Chairman of International Association of Money Transfer (remittance trade body) and also a member of the Institute of Chartered Accountants in England and Wales.