# Fiat Republic, the specialist BaaS platform that bridges web3 and banks, announces the appointment of two industry experts as Non-Executive Directors to the board of its Dutch subsidiary. Author: Pal Sinha, Barnali Author URL: https://financedigest.com/author/pal-sinha-barnali Published: 2022-08-17 Category: NEWS Category URL: https://financedigest.com/category/news Meta Title: Fiat Republic Appoints New Non-Executive Directors for Meta Description: Find out how industry experts Dagmar van Ravenswaay Claasen and Koenraad Dom will support the growth of Fiat Republic in bridging web3 and traditional banks. URL: https://financedigest.com/fiat-republic-the-specialist-baas-platform-that-bridges-web3-and-banks-announces-the-appointment-of-two-industry-experts-as-non-executive-directors-to-the-board-of-its-dutch-subsidiaryhtml ![undefined](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/fiat-republic-the-specialist-baas-platform-that-bridges-web3-and-banks-announces-the-appointment-of-two-industry-experts-as-non-executive-directors-to-the-board-of-its-dutch-subsidiary-1736815453303-compressed.jpg) ###### **ADVERT:** **Disclaimer** – This article is an ADVERT. The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the views or opinion of Finance Digest and in no way an endorsement or recommendation. All investments and trading involve risk, users of the Finance Digest Website must consult a suitably qualified professional adviser for advice and perform their own research. Accordingly, we will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the Finance Digest Website and within Finance Digest Content. **London, 12 August 2022, 9am GMT:** Fiat Republic, the specialist Banking-as-a-Service (BaaS) platform that bridges web3 and traditional banks, today announces the appointment of Dagmar van Ravenswaay Claasen and Koenraad Dom as Non-Executive Directors. They will provide support and guidance as Fiat Republic focuses on expanding its strategic partnerships with both crypto providers and tier one banks. Dagmar van Ravenswaay Claasen has years of experience working in fintech, particularly in the governance and compliance sectors. She is currently a Venture Partner at the Borski Fund, tackling gender equality in accessing capital for tech, and she is also ex-DNB where she guided the [National Bank](https://www.financedigest.com/swiss-national-bank-says-inflation-battle-not-yet-won.html "Swiss National Bank says inflation battle not yet won") on its integrity and sustainability strategy. Dagmar spent a number of [years as Director Regulatory Affairs at fintech](https://www.financedigest.com/2022-the-year-that-facial-recognition-will-lead-the-fintech-industry.html "2022 – The year that facial recognition will lead the fintech industry") platform Adyen, which saw her contribute significantly to their growth strategy. Koenraad Dom joined the global crypto exchange Bitstamp as Chief Risk Officer in 2019, playing a pivotal role in [engaging with both regulators and banks](https://www.financedigest.com/how-conversational-commerce-can-help-banks-engage-with-millennials.html "How conversational commerce can help banks engage with Millennials"). With an excellent track record of scaling startups, he has been working in the crypto industry since 2014 and brings with him a strong background in risk management, as well as [banking and capital markets](https://www.financedigest.com/hsbc-appoints-new-markets-head-amid-wider-investment-bank-reshuffle.html "HSBC appoints new markets head amid wider investment bank reshuffle"). These two industry experts will [bring invaluable expertise and experience](https://www.financedigest.com/visionary-banks-fight-the-blur-hybrid-computing-architecture-brings-a-faster-sharper-customer-experience.html "Visionary banks fight “the blur”: Hybrid computing architecture brings a faster, sharper customer experience") to the Fiat Republic Board in the Netherlands. Commenting on the two new joiners, Adam Bialy, Founder and CEO said: “We’re delighted to welcome Koenraad and Dagmar to the Board and look forward to leveraging their extensive experience from both the world of traditional finance, and that of crypto, to help us deliver the most robust compliance-first payments and [banking platform for the crypto industry](https://www.financedigest.com/the-survival-of-the-banking-industry.html "THE SURVIVAL OF THE BANKING INDUSTRY"). Being able to attract individuals to our Board of the calibre of Koenraad and Dagmar is a true validation from the wider [industry that Fiat Republic is building a systemic](https://www.financedigest.com/are-legacy-it-systems-holding-the-construction-industry-back.html "Are legacy IT systems holding the construction industry back?") solution needed to solve a systemic problem. These [appointments also demonstrate our commitment to the Netherlands as a regulatory regime and fintech](https://www.financedigest.com/legal-general-insurance-appoints-nick-frankland-as-the-managing-director-for-its-new-fintech-business.html "Legal & General Insurance appoints Nick Frankland as the Managing Director for its new Fintech business     ") ecosystem that we believe in. Despite the recent downturns in global markets, there is a huge [opportunity ahead of us at the intersection of banking](https://www.financedigest.com/uk-retail-banks-is-irrelevance-curtailing-opportunity.html "UK Retail Banks: Is Irrelevance Curtailing Opportunity?") and crypto, and I firmly believe now is the perfect time for bold plays like ours to emerge and start tackling the very evident crisis of trust between the two industries.” “While [working in the crypto markets](https://www.financedigest.com/the-new-fangled-normal-of-working-from-home-to-push-the-public-cloud-service-market.html "The “New-Fangled” Normal of “Working from Home” to Push the Public Cloud Service Market"), I have witnessed first-hand the obstacles and challenges of getting access to reliable fiat payments rails. I was thrilled to see Fiat Republic’s compliance-first, fiat-as-a-service [solution addressing](https://www.financedigest.com/western-digital-transforms-the-mobile-experience-with-new-high-performance-solutions-designed-to-address-todays-and-tomorrows-consumer-demand-for-high-quality-content.html "Western Digital Transforms the Mobile Experience with New High-Performance Solutions Designed to Address Today’s and Tomorrow’s Consumer Demand for High-Quality Content") this problem. Their platform has compliance in their DNA and their ability to give [banks visibility of the money](https://www.financedigest.com/marketmind-banks-are-leaking-money.html "Marketmind: Banks are leaking money") flows, both on-chain and off-chain, is helping to solve very urgent issues crypto platforms are experiencing, including payment delays and constant threat of de-banking. I look forward to sharing my experience with the fellow board members of Fiat Republic Netherlands on how to scale this tech-driven solution” Koenraad Dom said. Dagmar van Ravenswaay Claasen adds: “Having operated both on the TradFi side at DNB and on the [fintech side at Adyen, I have seen the explosive potential when the two worlds of fintech and traditional banking](https://www.financedigest.com/fintech-v-the-banks-uneasy-bedfellows-or-a-match-made-in-heaven.html "FinTech v the Banks: Uneasy Bedfellows or a Match Made in Heaven?") can connect and collaborate. As such, I was thrilled at the opportunity to [join the board](https://www.financedigest.com/x-google-executive-to-join-numerous-board.html "x-Google executive to join Numerous board") at Fiat Republic, Netherlands. They are sat right at the intersection of [banks and crypto](https://www.financedigest.com/new-u-s-sanctions-imposed-for-russian-bank-oligarchs-crypto-miner-bitriver.html "New U.S. sanctions imposed for Russian bank, oligarchs, crypto miner BitRiver"), providing the trusted bridge needed to foster collaboration. Fiat Republic’s philosophy to solve this problem, which [revolves around](https://www.financedigest.com/the-medication-dispenser-market-revolve-around-digitally-driven-innovation.html "The Medication Dispenser Market revolve around digitally driven innovation") integrity, transparency and trust resonates with my own values and I’m delighted to help support them on their journey to being the de facto platform for fiat rails access.” **About Fiat Republic** Fiat Republic is a fintech, headquartered in London, with subsidiaries in the Netherlands and in Canada, with a mission to [bring banking](https://www.financedigest.com/onpex-partners-satchelpay-bring-simplicity-efficiency-cross-border-payments-banking.html "ONPEX Partners with SatchelPay to Bring Simplicity and Efficiency in Cross-border Payments and Banking") to web3 through their web2.5, fiat-as-a-service platform. Their platform brings together crypto friendly [banks allowing crypto platforms to easily create accounts](https://www.financedigest.com/are-banks-ready-for-the-new-accountability-regime-in-2016.html "ARE BANKS READY FOR THE NEW ACCOUNTABILITY REGIME IN 2016?") in multiple currencies, access local payment rails and FX via a single API built with a developer-first ethos. With a strong focus on AML, compliance and security, Fiat Republic has a vision to more [closely align traditional finance](https://www.financedigest.com/optable-closes-20-million-series-a-financing-broadens-investor-syndicate-in-new-round.html "Optable Closes Million Series A Financing, Broadens Investor Syndicate in New Round") with crypto providers. --- This blog is powered by Superblog. Visit https://superblog.ai to know more. ---