FanDuel’s Former Legal Chief to Run Airwallex’s Compliance Unit

Fintech company Airwallex appointed former FanDuel legal chief Carolyn Renzin as its first chief regulatory and compliance officer.

Airwallex will grow its dedicated regulatory and compliance team by about 50% this year, the company said in a statement, and Renzin will lead a build out of that department. Regulatory and compliance work had previously been handled by the company’s chief legal officer, Jeanette Chan, who will continue in that role.

Airwallex, which was valued at $8 billion in a funding round late last year, makes software for companies to manage payments and finances. The company was founded in Melbourne in ...