Damisa, a B2B cross-border payments platform utilizing stablecoin technology for emerging markets, has announced a significant leadership addition. The company has appointed veteran finance executive Nick Watkins as its new Chairman of the Board. This strategic move comes as Damisa scales its operations globally and prepares for an upcoming Series A funding round.
A Strategic Appointment for Global Expansion
In his new capacity as Chairman, Watkins will provide strategic counsel to Damisa's executive team and support its operational development. His primary focus will be guiding the company's international expansion and preparing it for a successful Series A funding process scheduled for later this year. This appointment is designed to fortify the company's governance and strategic direction during a critical growth period.
Damisa is focused on transforming B2B payments by building regulated infrastructure on stablecoin rails, targeting high-growth emerging markets. The platform's core value proposition is its ability to reduce cross-border settlement times from several days to just a few hours. With its main payment corridors now operational, the company is actively scaling its services to meet growing global demand for faster financial solutions.
An Experienced Leader in Global Finance
Watkins brings over thirty years of distinguished experience in finance and treasury, having held senior positions at some of the world's leading financial institutions. His extensive career includes impactful roles at industry giants such as Goldman Sachs and UBS. He also spent nearly a decade in senior management at Partners Group, a global private markets investment manager.
During his tenure at Partners Group, Watkins served as the Global Head of Service Provider Management, a role that gave him deep insight into operational scaling. His current responsibilities include serving as the Chief Financial Officer at OCEAN and sitting on the advisory board of Evoco AG. This blend of institutional and advisory experience is expected to be a major asset for Damisa.
Leadership's Vision for the Future
Expressing his commitment, Watkins stated he is honored to join Damisa and looks forward to leveraging his experience to foster its next stage of growth. He emphasized his ambition to help position Damisa as the definitive standard for global B2B cross-border financial infrastructure. His vision aligns with the company's goal of creating a more efficient and accessible international payment system.
Jordan Lawrence, Co-Founder and CEO of Damisa, highlighted the strategic importance of Watkins' appointment for the company's future. He noted that Watkins possesses the ideal combination of treasury, institutional finance, and operational expertise required for this crucial phase of development. Lawrence added that his seasoned judgment will be invaluable as Damisa expands and prepares for its Series A round.
The appointment of Nick Watkins as Chairman marks a pivotal moment for Damisa, significantly strengthening its leadership ahead of a major growth spurt. This move underscores the company's commitment to building a robust, scalable, and regulated financial infrastructure for the world's emerging markets. With Watkins' guidance, Damisa is well-positioned to accelerate its mission to redefine the landscape of international B2B payments.