WayaWaya appoints ex-Chase Bank Kenya executive Raj Singh as board adviser

WayaWaya , the Kenyan company building AI-powered financial services for banks and merchants, has appointed former Chase Bank Kenya executive Raj Singh as a non-executive director and board adviser. The appointment comes as the startup intends to deepen relationships with financial institutions and merchants while expanding into new African and international markets. Singh will advise WayaWaya’s board and executive team on strategy, governance and commercial growth, the company said in a Thursday statement. WayaWaya joins a growing list of African fintechs recruiting experienced banking executives as they scale into regulated financial services. In July, Nigerian fintech unicorn Moniepoint appointed former Branch Kenya chief executive Rose Muturi to lead its Kenyan business after acquiring Sumac Microfinance Bank. In April, Cellulant, a payments firm, hired former Xapo Bank executive Anthony Hernandez as chief operating officer to sharpen its expansion strategy. “Raj joins us at an important point in WayaWaya’s growth journey. His banking, fintech and international experience will be invaluable as we move from innovation to scale,” said Teddy Ogallo, founder and chief executive off