Global Technology Partners names Olaseni Alabede as new CTO
Global Technology Partners (GTP) has appointed payments veteran Olaseni Alabede as its new chief technology officer (CTO).
Olaseni Alabede joins GTP as CTO
Prior to GTP, Alabede was vice president of product development in Mastercard’s installments business, where he was responsible for the development of buy now, pay later (BNPL) products.
Before Mastercard, Alabede spent nearly a decade at Interswitch, starting out as a product engineer before moving up the ranks to head of enterprise service management.
GTP CEO Christian Bwakira says Alabede’s “extensive experience” in African and international payments will help drive GTP’s technology forward.
US-based GTP was acquired by MFS Africa in June 2022 and is the largest processor of prepaid cards in Africa, with more than 80 banks using the platform. GTP’s client base covers 34 countries and it is fully connected to the Visa, Mastercard, GIM, GIMAC and Verve networks.
In his new role, Alabede will focus on helping markets do away with the need for cash and help eliminate friction in digital payments. “The more friction you remove from the consumer, the more they get out of their payments,” Alabede says.
“I think that last mile delivery of frictionless payments and experiences is really going to translate into success,” Alabede adds. “As such, we can expect to see a lot of innovation and technological convergence happening in building those frictionless experiences.”
