MoneyGram, a global payments network for consumers, businesses and communities, today announced the appointment of three new independent members to its Board of Directors: Colin Walsh, founder of Varo Bank; Chris Trendler, founding partner of Pendra Group; and Katherine Carroll, former executive at Stripe.

Colin Walsh brings a wealth of experience as a founder, entrepreneur and global business leader in the digital banking space. He is the founder of Varo Bank, the first consumer tech bank in the U.S. to receive a national bank charter. Under his leadership, Varo has emerged as one of the world’s leading digital banks with a core focus on advancing financial inclusion and economic opportunity for underserved communities. Before founding Varo Bank, Walsh excelled in a variety of executive roles at leading financial institutions, including American Express, Lloyds Banking Group and Wells Fargo.

Chris Trendler will provide deep expertise in organizational effectiveness and talent strategy during a pivotal time in MoneyGram’s transformational journey. Trendler is a leadership advisor, private equity executive and a founding partner of Pendra Group, a firm that supports investors and management teams on talent strategy across the investment lifecycle. Previously, he held leadership roles at Madison Dearborn Partners, ghSMART and McKinsey & Company, and he began his career in law and public policy.

Katherine Carroll is a recognized legal and regulatory policy expert with more than two decades of experience in financial services, providing significant regulatory insight and compliance leadership to the company’s industry-leading framework. At Stripe, she led the Global Public Policy and Regulatory Legal teams, guiding engagement with regulators and policymakers around the world. Before joining Stripe, Carroll was a partner at Cleary Gottlieb, where she was a nationally recognized regulatory lawyer and a founding partner of the firm’s Cybersecurity and Privacy practice.

As MoneyGram accelerates its re-founding journey, these appointments add valuable perspectives that will help shape the company’s strategic direction and guide its next chapter. With a strong and well-rounded Board in place, MoneyGram aims to benefit from a balanced mix of expertise, experience and diverse backgrounds to effectively oversee the business and support its long-term growth.