Wenlong Huang has been appointed as Mainland China general manager.
Wenlong Huang joins MODIFI from Tencent, where he spearheaded business development for cross-border payment and FX solutions for both WeChat Pay users and B2B customers across more than 60 countries and regions based out of mainland China.
With the appointment of Wenlong Huang, MODIFI plans to strengthen its position as a market leader in business payments. He will be working alongside Tony Au, who will focus on the Hong Kong market for MODIFI.
"China is the largest B2B market in the world and MODIFI's commitment to the region is unmatched," Wenlong Huang says.
"I'm thrilled to join MODIFI and so excited to expand the business in mainland China - which is the largest B2B market in the world.
"We are confident to reach win-win by delivering value for our customers."
Following the launch of a shipment tracking tool last month, MODIFI has reaffirmed its commitment towards building a one-stop platform for business payments and trade management through another C-suite appointment.
Luke Tuttle, a former executive from Klarna, has been appointed as MODIFI's first trade management services general manager.
"We are extremely excited to welcome Luke and Wenlong to MODIFI," MODIFI CEO and co-founder Nelson Holzner says.
"Both of them are strong leaders with extensive experience building and scaling global high-growth Fintech companies.
"As the largest exporter of the world and home to some of the most advanced digital platforms, China is already an important market for MODIFI.
"Wenlong will help us accelerate further our growth of 400% year on year. Luke will drive customer value by providing importers and exporters of all sizes very powerful tools to manage international trade in times of strained supply chains and economic uncertainty."
Luke Tuttle and Wenlong Huang are part of a series of high-calibre senior executive hires for MODIFI.
In May, Matthias Hendrichs joined the company from Apple as chief commercial officer, followed by Francois Vachon as chief financial officer from Mastercard Payment Services.