Wizz Financial hires White & Case partner

Wizz Financial hires White & Case partner

Adrianus Schoorl has more than 25 years of experience in financial regulation in Europe, the Middle East and the United States, which he brings to fintech

Wizz Financial, an Abu Dhabi fintech company, has hired a general counsel and head of compliance from White & Case's global financial services regulatory team.

After nearly three years at White & Case, Adrianus Schoorl now associates at the cross-border payments company in Dubai. He spent time in White & Case's offices in Dubai and Riyadh while working throughout the Middle East. As a result of his more than two decades of experience with financial regulation, Wizz said he would streamline its relationship with regulators, which would benefit its global customers.

A LinkedIn profile for Schoorl describes his practice as encompassing fintech, financial services and market infrastructure, as well as cryptocurrency, technology and data regulation. He spent six years as the Middle East's director of financial services regulation at Allen & Overy before joining White & Case. In addition to DLA Piper, Freshfields Bruckhaus Deringer and CMS, he has also worked as a lawyer.

In addition to his private practice, Schoorl has held positions at the Ontario Securities Commission, the Dubai International Financial Center and the Netherlands Authority for the Financial Markets.

Schull discussed Fintech as a rapidly evolving and maturing sector of the financial services industry that regulators need to keep up with because it poses new questions, processes and products. Due to my experience, I am eager to assist in bridging our leadership with the regulatory authorities in order to support our growth."

Prism Group subsidiary Wizz Financial offers cross-border money transfers, foreign exchange and minor loans, as well as digital wallets and B2B payments. The Company representatives' state currently serves 25 million customers in more than 30 countries and 1,500 corporate or institutional clients.

According to Wizz Financials co-founder and chair, Amir Nagammy, "penetrating relationships with regulators is one of Schoorl's primary responsibilities," which will enable Wizz Financial to provide products and services that benefit its clients worldwide.

An inquiry for comment was not immediately returned by White & Case