Capital on Tap triggers leadership reshuffle
UK-based credit card company Capital on Tap has undergone “a strategic leadership transition” to inspire its next phase of growth.
Capital on Tap announces leadership reshuffle
David Luck, who founded the company back in 2012, is departing his position as chief executive officer (CEO) after over 11 years in the role, to take the reins as executive chairman. With this, Luck says he will work on “steering our long-term strategy and vision”.
The company has appointed Damian Brychcy, its chief product officer (CPO) of almost two years, to take Luck’s place. Brychcy initially joined the company back in 2014, and served as its chief operating officer (COO) until May 2022, and according to Luck, has “a proven track record driving growth and innovation”. Both appointments are effective immediately.
Prior to entering the payments space, Brychcy practised as a lawyer, and also co-founded and headed the podcast media company Colossus as CEO.
In his new role, he is expected to leverage his familiarity with Capital on Tap and small business owners to spearhead the expansion of the company’s all-in-one credit card offering and spend management platform, designed specifically for small businesses and backed by credit facilities with Atalaya Capital Management, JP Morgan and investment firm Triple Point.
“Having been a small business owner myself, I understand the pain and struggle that business owners go through, especially when it comes to getting access to finance or payment tools,” Brychcy says.
