Valerie Moran

Background

Valerie Moran's remarkable journey from Zimbabwe to becoming the UK's richest black woman is a testament to her determination, innovation, and commitment to excellence. Born into a family of entrepreneurs, Valerie's upbringing instilled in her a strong work ethic and a deep appreciation for education. Today, she stands as a trailblazing figure in the fintech industry, transforming not only her own life but also the lives of countless individuals around the world.

Education

Valerie's passion for technology led her to pursue a career as a systems analyst. She honed her skills in programming languages like COBOL/Fortran/C, becoming a talented systems analyst. Despite facing challenges in her early career due to limited opportunities for women in tech, Valerie's dedication and thirst for knowledge drove her to excel. Her educational background laid the foundation for her later success in the fintech arena.

Career

Valerie Moran's journey into the fintech world began in earnest when she co-founded Prepaid Financial Services (PFS) in 2008 alongside her husband, Noel Moran. Starting from humble beginnings – working from their kitchen table – the couple's determination fueled their venture's growth. Initially encountering setbacks, including a significant financial loss in the first year, Valerie and Noel persevered. Through innovation, strategic decision-making, and sheer tenacity, PFS evolved into a global fintech powerhouse, operating in 25 countries.

Valerie's role as Implementation Project Manager marked the inception of her pivotal contribution to PFS's success. Her ability to navigate challenges and her sharp business acumen propelled the company's rise, enabling it to post consistent profits for a decade. PFS's achievements were recognized with prestigious accolades, including the Queen's Award for Enterprise: International Trade in 2017 and the Business of the Year Award from the European Business Awards in 2019.

Beyond her professional achievements, Valerie's commitment to philanthropy shines brightly. Collaborating with Mastercard and the United Nations World Food Programme, she oversaw the donation of thousands of school meals to children in Mali, West Africa. Her dedication to giving back echoes her parents' ethos of community impact, creating a legacy of positive change.

Personal Life

Valerie's personal life reflects her resilience and drive. Her decision to relocate to London from Zimbabwe in 2003 amid a recession showcased her adaptability and willingness to take risks. Despite facing adversity, she and Noel persisted, turning a kitchen-table startup into a globally recognized fintech leader. Her strong partnership with Noel not only drove PFS's success but also demonstrated the power of collaboration in both business and life.

Valerie's aspirations extend beyond the realm of technology. She admires figures like Nelson Mandela, Richard Branson, and Bill Gates for their transformative impact on society. Her love for reading, particularly Agatha Christie's works, underscores her appreciation for timeless wisdom and creative imagination.

In a world where diversity and inclusion remain vital, Valerie Moran's story stands as an inspiring example. As an Official Member of the Forbes Business Development Council, she continues to break barriers, redefine success, and inspire future generations. Valerie's journey encapsulates the spirit of innovation, resilience, and philanthropy, leaving an indelible mark on the fintech landscape and beyond.