UK fintech Pozitive Payments names Alex Daly as new CFO
Pozitive Payments, a soon-to-be-launched affiliate of London-based technology-driven utilities and business solutions company PE, has hired Alex Daly as its new chief financial officer (CFO).
Upon its launch, Pozitive Payments aims to provide a range of “customer-centric” financial products and solutions for small and medium-sized enterprises (SMEs) in the UK. These services will include card acquisition, payment accounts, and loyalty and rewards offerings, along with liquidity management services.
In his new position, Daly will head Pozitive Payments’ finance team, overseeing reconciliation and settlement operations. Furthermore, he will also be expected to manage the development of the firm’s lending and liquidity management products.
Speaking on the new appointment, Mike Peplow, CEO at Pozitive Payments, says Daly brings “expertise and years of SME finance knowledge to his role, alongside his vast experience in building and scaling regulated financial services businesses”.
Daly, who is also currently a non-executive director at UK-based marketplace lending platform FOLK2FOLK, joins Pozitive Payments from Algbra, an ethical financial services enterprise, where he acted as CFO.
He was also previously CFO and CRO at both Ask Inclusive Finance (AskIf) and the government-backed Start Up Loans Company.
By joining Pozitive Payments pre-launch, Daly says he intends to “scope out and finalise our strategy and to help lead its roll out to support SMEs, as the backbone of our economy”.