---
title: 'Head of Treasury at Luo'
canonical: 'https://feeny.ai/job/head-of-treasury-luo-paris-bsq76ezazvbn'
type: 'job'
last_seen: '2026-09-10'
---

# Head of Treasury at Luo

- **Company:** Luo
- **Location:** Paris, France
- **Employment:** full-time
- **Work type:** remote
- **Posted:** 2026-04-27
- **Last confirmed live:** 2026-09-10
- **Apply:** https://jobs.ashbyhq.com/luopay/d7194082-5054-4080-8b81-d54909586ce1

## Job description

## About Luo

Luo is one of the fastest-growing FX and cross-border payments companies in Africa. We help African businesses pay their international suppliers faster, more transparently, and more competitively than traditional solutions. After becoming a leading player in West and Central Africa in record time, we are now scaling our treasury infrastructure to match the complexity, volume, and regulatory requirements of our operations across the continent.

## Role Overview

As Head of Treasury, you will lead the team and the infrastructure that powers how Luo moves money across Africa. A treasury team is already in place. Your job is to manage and develop it, while making our treasury infrastructure increasingly robust. To handle growing volumes, harder corridors, and the regulatory demands tied to our licenses.

## Key Responsibilities

- Lead and develop the existing treasury team: set standards, build capabilities, and drive performance.
- Strengthen and scale Luo's treasury infrastructure to support growing volumes and increasing regulatory requirements tied to our licenses.
- Manage complex treasury operations across hard-to-navigate African corridors, ensuring funds move on time, every time.
- Oversee liquidity management, cash positioning, FX exposure, and fund flows across multiple markets.
- Own and deepen relationships with existing banking partners.
- Source and onboard new banking partners, improve pricing, and add redundancy.
- Design and implement treasury processes, controls, and reporting that meet both operational needs and license obligations.
- Optimize FX execution and manage currency risk across multiple positions.
- Work closely with compliance, operations, and product teams to ensure treasury is aligned with business needs and regulatory requirements.

## What We're Looking For

- Significant experience in treasury, FX, or payments operations. Ideally in Africa or other emerging markets.
- Proven experience managing and developing a team.
- Deep understanding of how money actually moves in hard markets: correspondent banking, nostro/vostro accounts, capital controls, central bank requirements.
- Experience building treasury infrastructure that meets regulatory and licensing standards.
- Proven track record of managing banking relationships and negotiating terms with financial institutions.
- Strong analytical skills and attention to detail. You manage positions and exposures with precision.
- Strategic thinker who can also execute. You design the systems and you make sure they run.

## About Luo

## Company Overview
- **One-liner**: Luo provides ultra-fast international payment infrastructure for businesses in emerging markets, enabling them to pay suppliers abroad in EUR or USD within 24 hours.
- **Entity Type**: Private (funded; funding round and size not publicly disclosed)
- **Headquarters**: Paris, France (registered entity: LuoPay Canada LTD, Toronto, Canada)
- **Founded**: 2024
- **Founders**: Hamza Benkirane (CEO) and Morgan Wirtz (CPO/Co-founder)

## Core Business
- Primary industry/industries: Financial services – cross-border payments and foreign exchange (Fintech)
- Target customers: B2B – businesses in emerging markets (e.g., Africa) that need to pay international suppliers, importers, and service providers.
- Mission or purpose statement: “To make the movement of international money as smooth in emerging markets as it is in developed economies.” [luopay.co](https://www.luopay.co/en/about)

## Products & Services
- **Luo Payments Platform**: SaaS-based platform for initiating, tracking, and managing international B2B payments. Users convert local currency into USD or EUR and send payments worldwide. Key features include:
  - Quote in under 1 minute
  - Payment completion within 24 hours
  - SWIFT proof of payment automatically provided
  - Zero transaction fees (competitive exchange rates)
  - Online onboarding in 15 minutes
  - 24/7 local customer service
  - Real-time balance and transaction tracking from a centralized dashboard [luopay.co](https://www.luopay.co/en)

## Market Standing
- **Valuation/Market Cap**: Not publicly disclosed
- **Key Metric**: Total funding – undisclosed amount raised from top investors including the co-founder of Monzo and leading cross‑border payments experts [LinkedIn](https://www.linkedin.com/company/luopay)
- **Notable Investors/Partners**: Co-founder of Monzo (Tom Blomfield) and unnamed experts in cross‑border payments. LuoPay Canada LTD is regulated by FINTRAC and the Bank of Canada as a Money Services Business (MSB). [luopay.co](https://www.luopay.co/en) | [Tracxn](https://tracxn.com/d/companies/luopay/__A4pn63S2Ua0bWeRdQQYFhV3ZF0S5cnZhGf-GKfDjYs8)
- **Growth Signals**: Employee headcount grew from ~8 to 15 between early 2025 and March 2026 (+87.5% YoY per Tracxn). Monthly web traffic growth +104.2%. Active hiring for Senior Sales, Payment Operations, and Market Launcher roles. 4 offices across France, Côte d’Ivoire, and Senegal. [Tracxn](https://tracxn.com/d/companies/luopay/__A4pn63S2Ua0bWeRdQQYFhV3ZF0S5cnZhGf-GKfDjYs8) | [LinkedIn](https://www.linkedin.com/company/luopay)

## Competitive Advantages
- **Focus on outbound payments from emerging markets**: Unlike most fintechs that move money *into* emerging economies, Luo specifically enables businesses in those markets to pay *out* to the world – a largely underserved niche.
- **Speed and transparency**: 24‑hour settlement, real‑time tracking, and instant SWIFT proof of payment give businesses predictability that legacy banks cannot match.
- **Regulatory compliance**: Licensed by Canadian authorities (FINTRAC, Bank of Canada) and adheres to international anti‑corruption and AML standards, giving enterprise customers confidence.
- **Zero‑fee model**: Revenue comes from favorable exchange rates rather than per‑transaction fees, making the service cost‑competitive.

## Strategic Focus
- **Scale infrastructure for Africa and beyond**: Current operations concentrate on Francophone West Africa (Senegal, Côte d’Ivoire) and European hubs (France, Poland). Expansion to additional emerging‑market corridors is likely.
- **Product‑led growth**: With online onboarding in 15 minutes and a self‑service platform, Luo aims to reduce friction for small and medium‑sized importers and traders.
- **Hiring to build global teams**: Active recruitment for sales, operations, and market‑launch roles signals a push into new geographies. [LinkedIn](https://www.linkedin.com/company/luopay)

## Why Work Here
- **Culture**: A small, fast‑growing team (15 people as of mid‑2026) with high ownership and impact. Team members come from backgrounds at Checkout.com, Motorola Solutions, and HUB2, indicating a talent‑dense environment. [LinkedIn](https://www.linkedin.com/company/luopay)
- **Remote/Hybrid/Office Policy**: Presence in 3 countries (France, Côte d’Ivoire, Senegal) with an office in Paris. Likely hybrid – specific policy not publicly detailed.
- **Notable Perks/Engineering Culture**: Building new‑generation financial rails from scratch; strong emphasis on compliance, speed, and user experience. Employees get to work on real‑world financial inclusion challenges with immediate feedback from actual businesses.

## Sources
1. [luopay.co](https://www.luopay.co/en) – Company landing page, product features, and regulatory info
2. [luopay.co/en/about](https://www.luopay.co/en/about) – Mission, vision, and background
3. [luopay.co/en/careers](https://www.luopay.co/en/careers) – Careers page (referenced for culture)
4. [linkedin.com/company/luopay](https://www.linkedin.com/company/luopay) – Employee count, growth, investors, open roles
5. [tracxn.com/d/companies/luopay](https://tracxn.com/d/companies/luopay/__A4pn63S2Ua0bWeRdQQYFhV3ZF0S5cnZhGf-GKfDjYs8) – Funding status, competitor landscape, headcount data

## Other roles at Luo

- [Market Launcher](https://feeny.ai/job/market-launcher-luo-abidjan-1jxpz4ja8hzb) — Abidjan, Ivory Coast
- [Head of Network](https://feeny.ai/job/head-of-network-luo-abidjan-cn75x6tvhe4h) — Abidjan, Ivory Coast
- [Senior Sales Manager](https://feeny.ai/job/senior-sales-manager-luo-dakar-29nmsdw6jay6) — Dakar, Senegal
- [Payment Operations Analys](https://feeny.ai/job/payment-operations-analys-luo-abidjan-87q90qj6agwm) — Abidjan, Ivory Coast
- [Senior Backend Engineer](https://feeny.ai/job/senior-backend-engineer-luo-paris-ggsrejejc6dy) — Paris, France
- [Senior Full Stack Engineer](https://feeny.ai/job/senior-full-stack-engineer-luo-paris-2z3pxw8h5bmh) — Paris, France
- [Senior Sales Manager](https://feeny.ai/job/senior-sales-manager-luo-douala-m53fgxyzsb25) — Douala, Cameroon
- [Head of Treasury](https://feeny.ai/job/head-of-treasury-qonto-paris-d6fdn2nnx71b) — Paris, France
- [Head of Treasury](https://feeny.ai/job/head-of-treasury-xendit-singapore-mhmaa5rwz4z5) — Singapore