Roland Folz to lead CloudPay as newly appointed CEO
CloudPay, the Andover, UK-based provider of payroll, on-demand pay and treasury solutions, has named “internationally accomplished and visionary leader” Roland Folz as its new chief executive officer (CEO).
Roland Folz named as new CloudPay CEO
Appointed with immediate effect, Folz will be tasked with building upon the company’s “successful expansion” to lead it into the next phase of profitable growth.
He joins from the Berlin-headquartered credit institution Solaris SE, where he served as CEO from February 2017 to April 2023, during which time he established the company as a “European market leader in embedded finance and Banking-as-a-Service (BaaS)”.
Prior to Solaris, Folz also served in a variety of corporate finance roles, notably as managing director of Deutsche Bank from June 2009 to December 2016 and co-CEO of Direkt Anlage Bank AG from 1997 to 2001, among others.
Working in tandem with the company’s board and leadership team, Folz intends to double down on CloudPay’s ambition of transforming pay “from an operational function to a business advantage”.
“With our market leading portfolio of services, highly talented global team and impressive customer base of leading brands, we will continue to transform the payroll and payments market globally,” Folz adds.
