US fintech Arcus Partners appoints new CTO, Saurabh Bhole
Bhole will be tasked with leading the further development of the company’s Finity360 product suite.
Movers and Shakers
Payoneer names former Webster Bank exec Bea Ordonez as next CFO
Ordonez will assume the role of CFO once current CFO Michael Levine steps down in March.
The Nottingham names Gareth Hagger-Johnson as its first director of data strategy
Hagger-Johnson will be tasked with developing a new data and insights framework for the firm.
Clearco lays off 30% of workforce, CEO Michele Romanow resigns
Romanow will reportedly transition to the role of executive co-chair and remain on the company’s board.
Chief strategy and digital officer of Banque Saudi Fransi departs
He describes his tenure at BSF as an “amazing four years” in a LinkedIn post about his departure.
ClearBank names new CFO, Mark Fairless
Fairless joins ClearBank from savings and investment firm M&G.
Callsign’s chief commercial and strategy officer Amir Nooriala leaves
Nooriala says he is “taking a step back from day-to-day operational roles in tech start-up land”.
Cognizant names former Infosys president Ravi Kumar as new CEO
Kumar succeeds Brian Humphries, who will remain at the firm until 15 March to facilitate a “smooth transition”.
Temenos in leadership shake-up as CEO and chairman step down
Under the new leadership, Temenos says it will focus on SaaS opportunities, including in the US.
Aussie paytech Till Payments cuts 120 staff
AFR reports the firm has also appointed three new board members and plans to go public.
Wall Street heavyweights BlackRock and Goldman Sachs cut jobs
The cuts amount to around 6.5% of the total staff headcount at Goldman and less than 3% at BlackRock.
Tide names Meta’s Vinay Ramani as new chief product officer
Ramani says he is joining Tide at a “critical juncture in its plans to globalise”.
PayQuicker appoints Nazuk Jain to lead product development
Jain will build out the firm’s product team and manage its expanding product roadmap.
UK specialist lender Connect makes new senior hires for “ambitious growth”
Founder and CEO Liz Syms says the new hires will help deliver on Connect’s “ambitious plans”.
Allied Payment Network appoints Kathi Klawitter as COO
Kathi Klawitter joins Allied Payment Network from banking and payments tech heavyweight Fiserv.
PayTech Awards 2023 now open for nominations
PayTech Awards are open to banks, financial institutions, paytech software & services providers worldwide.
Ex-Nordea exec Erik Zingmark joins Loomis Pay as CEO
Zingmark joins Loomis Pay from Nordea, where he worked for over eight years in various roles.
The Nottingham appoints Anthony Murphy as CFO
Murphy will join NBS in March, leading the firm’s finance team and tasked with driving its strategic growth.
Zodia Custody names Julian Sawyer as its new CEO
Sawyer has previously served as CEO of cryptocurrency exchange Bitstamp, and was co-founder of Starling Bank.
Jack Ma to cede control of Chinese fintech Ant Group
After the restructuring, “no shareholder, alone or jointly with other parties, will have control over Ant Group”, the firm says.
Radu Topliceanu named as new head of digital bank Mashreq Neo
Mashreq Neo is the digital offshoot of UAE’s Mashreq – “a bank for a brilliant new world” – launched in 2017.
Funding Circle appoints Steve Allocca as US managing director
Prior to Funding Circle, Allocca was chief operating officer (COO) at small business banking provider BlueVine.
FinTech Futures: Top five stories of the week – 6 January 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Blockchain compliance firm Securrency appoints Nadine Chakar CEO
Nadine Chakar replaces Sucurrency founder and CEO Dan Doney, who moves to the CTO role.
BharatPe CEO Suhail Sameer steps down
In a statement, BharatPe says that Sameer will “transition” from CEO to strategic advisor on 7 January 2023.
Challenger bank N26 sees changes in leadership structure
N26’s CFO and interim COO Jan Kemper has jointly agreed with the bank to step down from his role.
The Clearing House appoints David Watson as CEO
Watson joins The Clearing House from Swift, and will take up the new role from 1 February 2023.
Swift names Stephen Grainger as chief executive for Americas and UK
Grainger brings 20 years of banking and payments experience to his new role.
Path Solutions founder Mohammed Kateeb to leave firm
Path Solutions founder and CEO Mohammed Kateeb is to leave the firm after managing its sale to Azentio Software in 2021.
Coinbase lands virtual asset provider licence from Central Bank of Ireland
Coinbase’s Ireland operations will also now be headed up by Cormac Dinan, its new country director.
2022: Top five movers and shakers
FinTech Futures recaps the year’s top movers and shakers.
Coastal Community Bank hires Barb MacLean as head of tech
MacLean brings to the role more than two decades of experience, having spent over 21 years at Celero Solutions.
Cboe Clear Europe hires Vikesh Patel as president
Patel joins from interbank cooperative Swift, where he was most recently head of securities.
Network International appoints group chief business transformation and technology officer
Network’s new hire Sandeep Chouhan brings over three decades of experience working in consumer banking and payments.
Monex Europe hires Tim Philip as global operations director
Prior to joining Monex, Philip spent seven years as global chief operating officer at fintech firm Salary Finance.
Workday appoints Sequoia Capital’s Carl Eschenbach as co-CEO
After January 2024, it is expected that Eschenbach will take up sole CEO responsibilities.
Mangopay appoints Carlos Sanchez Arruti as CFO
Arruti joins from Amazon and brings more than two decades of experience to the role.
The Bank of London names Gavin Hewitt as new chief financial officer
Hewitt will lead the firm’s accounting, finance and corporate treasury operations.
Solaris shakes up management board as it strives for profitability
The move is linked to a new target operating model and the firm’s new CEO, Carsten Höltkemeyer.
New CFO at Swiss fintech Crealogix
Christophe Biollaz joins Crealogix on 1 February 2023 and replaces Daniel Bader, who is leaving the firm.
