Press Release

Justin Jenter, Monex USA’s CCO, Joins MSBA Board

MONTVALE, New Jersey (February 5th, 2024) – The Money Services Business Association (MSBA), leader in the non-bank money services industry, elected Monex USA's Chief Compliance Officer, Justin Jenter, as new board member

“As a B2B company, Monex USA brings diversity to the Board as the MSBA works to address the needs of our different member companies. Monex USA is one of our Founding Members of the MSBA and has been a strong supporter of the association ever since. The association is thrilled to have Justin Jenter join the Board representing Monex USA,” says Kathy Tomasofsky, Executive Director, MSBA.

“I am honored to be a part of such a talented group of individuals that represent all the complex and diverse areas of the Money Service Business Industry. I am looking forward to promoting and supporting the vision of the MSBA and advocating for the Money Service Business as a whole in my tenure as a Board member,” says Justin Jenter, Chief Compliance Officer at Monex USA.

About MSBA| | | MSBA is one of the nation’s largest trade associations focused on the non-bank money services industry. Our membership includes licensed money transmitters and their agents and/or authorized delegates, payment card issuers and distributors, payment processors, international remittance companies, bill payment companies, mobile payment application providers, payment aggregators, virtual currency exchanges and administrators, money orders, and other similar money services providers that are engaged in payments.

About Monex USA | | For over 23 years, Monex USA has provided corporate clients with industry-leading foreign exchange and global payment solutions through its FX products, 24/7 Global Payments Platform, partnership opportunities, and robust industry knowledge. Monex USA is part of the wider financial services group, controlled by Monex S.A.P.I. de C.V. (formerly Monex S.A.B. de C.V.) (“Monex”), a global investment-grade financial services institution. Founded in 1985, the Monex group is a global financial services organization that services more than 66,000 clients worldwide. In 2022, Monex managed US$ 303 billion in deliverable FX trades and US$11.1 billion worth of assets. Through its subsidiaries, the group offers financial services in key financial centers worldwide throughout North America, Latin America, Europe, and Asia and employs over 2,900 people globally. As part of the Monex Group, Monex USA is headquartered in Washington, DC, with offices in New York City, Beverly Hills, Chicago, and Miami.


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