Mr Lemmens is a venture partner focusing on fintech with DN Capital, one of Europe’s most established venture capital funds for early-stage start-ups.

Previously, Mr Lemmens served as board member of Revolut, was CEO of PayPal EMEA and a member of its global executive team. He was also COO of Barclays International retail and commercial banking.

With more than 500,000 registered users, Money Dashboard helps people to take control of their financial life by allowing them to connect to more than 40 banks and institutions through Open Banking.

The company recently announced partnerships with Nutmeg and Wealthify and has launched a stream of innovative Open Banking integrations with major providers including American Express.

The app will soon incorporate payments functionality, enabling users to move money between the accounts they connect to the app, for example to avoid overdraft charges and maximise savings interest rates.

Steve Tigar, CEO, Money Dashboard, said: “We’re delighted to welcome Renier to the board. His impressive experience as a fintech VC, CEO of Paypal EMEA and board member of Revolut will be invaluable as we enter our next phase of growth.

“We are particularly excited to have Renier on board as we prepare to launch our payments service, in addition to a number of other features that will revolutionise the way people organise and grow their money.”

Renier Lemmens added: “Steve and the Money Dashboard team have done a fantastic job at building a product that truly helps people master their money. I am delighted to join them on this mission and look forward to helping the company go from strength-to-strength and leverage open banking to help millions of people.”