Thursday, July 4, 2024
26.7 C
New York

UK fintech Pozitive Payments names Alex Daly as new CFO

Pozitive Payments Appoints Alex Daly as CFO: Key Points

  1. New CFO Appointment:
    • Alex Daly has been appointed as the new chief financial officer (CFO) of Pozitive Payments, a subsidiary of London-based technology-driven utilities and business solutions company PE.
  2. Company Launch and Services:
    • Pozitive Payments aims to launch soon, offering a range of financial products and solutions for small and medium-sized enterprises (SMEs) in the UK.
    • Services will include card acquisition, payment accounts, loyalty and rewards offerings, and liquidity management services.
  3. Daly’s Responsibilities:
    • Daly will lead the finance team, overseeing reconciliation and settlement operations.
    • He will also manage the development of lending and liquidity management products.
  4. CEO’s Comments:
    • Mike Peplow, CEO at Pozitive Payments, praises Daly’s SME finance knowledge and experience in scaling regulated financial services businesses.
  5. Daly’s Background:
    • Daly is currently a non-executive director at FOLK2FOLK, a UK-based marketplace lending platform.
    • He joins from Algbra, an ethical financial services enterprise, where he served as CFO.
    • Previously, he was CFO and CRO at Ask Inclusive Finance (AskIf) and the government-backed Start Up Loans Company.
  6. Daly’s Vision:
    • Daly plans to finalize the strategy and lead the rollout of Pozitive Payments to support SMEs, which he describes as the backbone of the economy.

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

What is Fintech?

Fintech: A term used to refer to innovations in...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...

Greek neobank Snappi lands banking licence from the ECB

Snappi Neobank Granted Universal Banking Licence: Key PointsLicence...

Robinhood buys AI-powered investment research platform Pluto Capital

Robinhood Acquires Pluto Capital: Key PointsAcquisition Details:Robinhood...

BIS readies for live implementation of Project Nexus in Asia

Project Nexus by BIS: Key PointsProject Overview:Initiative...

Revolut announces record $545m profit for 2023

Revolut Annual Financial Report 2023: Key PointsRecord Financial...

US FDIC issues consent order to Thread Bank

FDIC Issues Consent Order to Thread Bank: Key Points...

TeamSystem acquires 61% majority stake in Italian SME credit mediator Change Capital

TeamSystem Acquires 61% Stake in Change Capital: Key Points...

Related Articles

Popular Categories

spot_imgspot_img