KAST Selects Kiln’s Claire Wells as Chief Legal Officer

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Postmedia has not reviewed the content. by Business Wire KAST Selects Kiln's Claire Wells as Chief Legal OfficerAuthor of the article:THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountKAST adds an experienced CLO to help drive the next phase of growthThe hire further enhances KAST’s robust compliance functionWells is leading the charge to add additional licenses throughout the worldNEW YORK — KAST, the global money app, announced today that Claire Wells has joined the company as Chief Legal Officer.Wells will lead KAST’s global legal operations, and the company’s compliance, regulatory, fundraising and licensing initiatives are under her remit. Wells is a proven legal and compliance leader with deep experience building and scaling legal, regulatory and policy functions across fintech, payments and digital assets. She has navigated complex, multi-jurisdictional environments, all while delivering growth.This advertisement has not loaded yet, but your article continues below.“I’m thrilled that Claire has joined the KAST team as our new Chief Legal Officer,” said KAST Founder & CEO Raagulan Pathy. “Claire is joining us at a truly pivotal time for the company as we enter our next phase of growth. We are continuing to expand our product set rapidly, and her strategic leadership will be instrumental in scaling our operations into a truly global powerhouse.”Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againThis is a significant hire for KAST. To meet fast-growing global demand, the company now has about 250 full-time employees across engineering, product and compliance. KAST has scaled to about 1.4 million users and is processing approximately $5 billion in annualized transaction volume.“I’m excited to join KAST as the company continues to expand globally,” Wells said. “As we grow a truly global financial platform, I’m looking forward to expanding our licensing footprint and helping KAST scale responsibly across markets.”Wells has held senior positions at Kiln, Coinbase, Plaid and Circle, having started her career at A&O Shearman.In March, KAST announced its record for fintech $80 million Series A funding round, which is propelling expansion across North America, Latin America and the Middle East, as well as accelerating licensing, compliance, product development and headcount.Founded in July 2024 by former Circle executive Pathy, KAST provides USD-denominated accounts, global transfers to more than 170 countries and a growing suite of consumer and business financial tools.KAST is a stablecoin-powered financial platform that connects digital assets with traditional finance, enabling 1 million+ users to send, receive and convert funds across borders, currencies and payment rails through a single app. The company focuses on helping individuals and businesses earn globally and spend locally by combining instant peer-to-peer transfers with compliant access to local bank payouts in supported markets. 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