Zepz, the group behind remittance brands WorldRemit and Sendwave, has appointed Steven Eisenhauer as its Chief Risk & Compliance Officer (CRCO).
Eisenhauer will lead Zepz’s global risk and compliance strategy overseeing the company’s investment in fraud and financial crime technology. He will also work with regulators and partners as Zepz develops new products, according to the announcement.
Eisenhauer brings more than 15 years of risk and compliance leadership across banking, payments, and crypto assets. Most recently, he was Group Chief Risk and Compliance Officer at EML Payments. Before that, he built the compliance function at crypto business Ramp Network. His career spans the UK, EU, US and Latin America.
Barrie Morris, Zepz’s interim CEO, said strong risk management and compliance are fundamental to earning customers’ trust. “His appointment reflects how central the function is to our business and to the millions of people who rely on us,” Morris said. Eisenhauer said the work has a clear purpose at Zepz because of its focus on customers and the communities that depend on them.
The hire follows a year of growth as its volumes grew by 25% in 2025 and it moved $17 billion for customers. It now serves more than 9 million customers.
Zepz is also changing at the top. Mark Lenhard stepped down as CEO earlier this year, and Morris, the company’s CFO, took over on an interim basis while the board searches for a permanent replacement.
Stablecoins add to the compliance workload. In October 2025, Zepz launched the Sendwave Wallet on Solana. It lets customers hold and send USDC, a dollar stablecoin, across more than 100 countries. In December, it announced stablecoin-linked Visa cards for the wallet, powered by Stripe-owned Bridge. In March, Zepz said it was working with blockchain analytics firm TRM Labs on the financial crime controls behind these products. TRM has worked with Zepz on those controls since April 2025.
The risks are not only technical. Sendwave excludes USDC transactions from refunds, according to Condia’s earlier report. That raises the stakes on screening, fraud prevention and customer protection.
Last updated: November 3, 2026
