W2 Global Data (W2) Appoints New Chairman

Commenting on the appointment, W2 CEO, Warren Russell, said "To have been able to attract a Chairman with David's caliber shows how well regarded the W2 proposition is in the market place and I am delighted to be able to welcome David to chair our board." Before continuing with, "David's pedigree is clearly demonstrated through his track record as CEO of UKash and Paysafecard, as well as being MD at ClickandBuy Europe. He brings to W2 an exceptional amount of experience, drive and integrity which will continue to push W2 into new markets and launch us beyond where we thought we could be at this stage in our development. He is a superb addition and one which makes me, and the rest of us here at W2 very enthusiastic about the future."

In response Hunter said, "I have been looking for a long time to get involved in an exciting and innovative provider of KYC and Anti-Fraud solutions. For me it is all about reducing the three F's - Friction, Fraud and Fees; W2 encapsulates this and delivers on all levels. I am excited about what I can add to W2 and know that the team here will work tirelessly to ensure they reach their goals." Hunter finished off by saying "What made the decision easy for me is that, in my opinion, W2 has a unique proposition that actually does what it claims."

Richard Thompson, who led on the deal for Finance Wales' Technology Venture Investments team congratulated W2 on David Hunter's appointment: " David Hunter's appointment as Chairman together with Jonathan Pell's appointment as a Non-executive Director in March this year are an excellent endorsement of the strength of W2's customer proposition as well as the progress the company is making. Both David and Jonathan will be able to provide W2's management team with invaluable expertise as they drive the company forward to commercial success."

About W2 Global Data Solutions (W2).

W2 has been trading since 2011 as a trusted provider of SaaS, B2B software solutions and data services enabling organisations to achieve regulatory compliance in relation to KYC (Know Your Customer), combatting fraud, AML (Anti Money Laundering) protection and frictionless customer on-boarding.

Over 100 organisations around the world rely on data and/or services provided by W2 to meet their regulatory or risk management requirements, and W2 have partnered with some of the world's largest data providers to ensure their customers get simple access to reliable information.

The unique W2 solutions require minimal implementation and simplify how organisations conduct regulatory customer due diligence on individuals, organisations, suppliers, staff, tenants and employees on an international scale.

Contact: Martin Pashley, [email protected], +44-(0)3300889542