The Money Cloud Appoints Hailo Founder Ron Zeghibe to Its Board

Ron Zeghibe, the founder of Black Cab app Hailo, has joined The Money Cloud as a Non-Executive Director.

An innovative money transfer comparison website, www.themoneycloud.com which helps consumers and corporates get better exchange rates and lower costs on their international transfers, has appointed Ron Zeghibe to its Board. Ron Zeghibe takes up the position as a Non-Executive Director and will eventually take up the position of Non-Executive Chairman once the next series of funding has been completed.

Ron brings a wealth of experience from the financial, media and online sectors. He is one of the founders and existing non-executive Chairman of Hailo. Launched in 2011, Hailo has had huge success. Created in conjunction with London taxi drivers and successfully duplicated in several cities globally, it allows users to book a taxi in a matter of seconds. He is the ex Vice-President of Corporate Finance at Salomon Brothers and has been a big player in media and outdoor advertising.

Emmanuel Addy, Cofounder of The Money Cloud, commented:

“We’re delighted to welcome Ron to our team. He has an impressive track record and a proven ability to create strategic clarity, drive innovation and growth, ensure disciplined execution and deliver results. We’re looking forward to working with him and will utilise his considerable Board level expertise to help develop and execute our growth strategy.”

For further information contact:

Emmanuel Addy

emmanuel@themoneycloud.com

Tel: +44 207 100 5641

Notes to Editors:

About The Money Cloud

With over 20 years’ combined experience in foreign exchange, The Money Cloud has been designed to show how to make savings when sending money overseas, providing the facts required to make an informed decision. The site displays the live, true exchange rates - not the ones banks only give to each other, which is often what’s advertised online.

The Money Cloud delivers dynamic comparisons for a huge range of 144 currencies, publishing straightforward guides and updates you on all the latest developments on how to send your money, empowering you to become the expert.

The Money Cloud helps save money by referring users to specialist, regulated foreign exchange brokers and P2P tech-driven companies who are market leaders in their areas of expertise.

The Money Cloud is the gateway to lower costs and better exchange rates for all.