OUR STORY
Years ago, cruise workers were paid in cash—an archaic, risky system that left crews burdened. Seeing an opportunity, Stuart Ostrow founded ShipMoney, partnering with digital experts to create a prepaid payroll solution tailored for the cruise industry. This platform let seafarers receive wages digitally and send money home at sea.
Despite initial resistance, the concept gained traction, transforming payment systems across the industry—benefiting both cruise lines and crews worldwide.
Meet the
team
STUART OSTROW
CPA FOUNDER AND PRESIDENT OF SHIPMONEY
Robert Merrick
CPA Founder and Chairman
RAJ GANESAN
EVP OF IT AND PRODUCT DEVELOPMENT
Jennifer Ray
EVP of Operations
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How it all began
This is the story of ShipMoney: How a simple idea transformed seafarer payments and launched a global digital revolution in maritime payment solutions