Nishu has specialized in the payments industry as an operator, investor and advisor. Most recently, Nishu was with Redbox where he led the enterprise payment platform initiatives across Coinstar and Redbox lines of business. Prior to that, he was on the investment team at Susquehanna Growth Equity, investing in early and mid-stage payments and financial technology companies.

"We are thrilled to welcome Nishu to Pangea. His wealth of experience and relationships across the global payments ecosystem will further strengthen our team and our ability to scale our global platform," said Rahier Rahman, founder and CEO of Pangea. "I'm excited to join the team," said Nishu.

"Over my career, I have seen many companies try to solve for the inefficiencies in current money transfer models but none of the recent innovations truly address the pain points of the customers, nor unlock the opportunity to disrupt an entire industry. I'm looking forward to working with Rahier and the rest of the team to build a new global platform that I believe is poised to reinvent the industry and provide millions of users a new, simple, quicker and cheaper method to transfer funds globally," added Nishu.

Nishu joins Pangea at a time when the company is rapidly growing its list of partners in its new ecosystem and represents the ideal moment to add to the senior leadership team and to continue developing the global platform and technology. Nishu will be based in the US headquarters in Chicago.