Jumia names Hisham ElGabry as CEO for Egypt
Jumia’s e-commerce platform was launched in Nigeria in 2012 and now operates across eleven countries including Egypt, Morocco, Ivory Coast and Kenya.
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Category: Company News
PhonePe raises $200 million in additional funding from Walmart
PhonePe, which plans to use the funding to scale several new businesses, recently retained its top position in India for number of monthly UPI transactions
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Moniepoint names Pawel Swiatek as COO
Pawel joins the fintech from Capital One, where he served as Managing Vice President and was responsible for the bank’s financial inclusion programme
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Ecobank Group appoints Jeremy Awori as CEO
Awori previously spent close to a decade serving as CEO and Managing Director of Absa Bank in Kenya
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Thunes appoints Victor Lucena as new Head of Latin America
Lucena has worked for several leading payments and fintech firms over the last decade including PayU, Binance, Worldpay, and Rapyd.
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Swedish fintech Zimpler names Volvo head as Chief Product Officer
Stefan Andersson will take up the role at Zimpler, later this month, with a focus on expansions in Europe and Latin America
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Noventiq completes Saga Group acquisition
The acquisition increases Noventiq’s presence in Eastern Europe and opens entry to new markets such as Serbia, Montenegro, and Bosnia and Herzegovina
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Mastercard names Karen Griffin as its Chief Risk Officer
Griffin’s new role as Chief Risk Officer has been created in recognition of the growing importance of managing an organisation’s risk appetite
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Nuvei completes $1.3 billion acquisition of Paya
The deal is expected to help Nuvei expand its reach of payment solutions into new underpenetrated markets
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European Central Bank names Myriam Moufakkir as its Chief Services Officer
Moufakkir will take over from Michael Diemer who stepped down in September 2022 after six years of service at the ECB
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Revolut set to clear path to UK banking licence
The fintech had being granted an extension from September until the end of December 2022 to file accounts but failed to meet this deadline
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Zopa to acquire DivideBuy in embedded finance push
The transaction will be completed in the next few months with Zopa aiming to help consumers simply their finances for larger purchases
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Susan Wojcicki steps down as YouTube CEO
In a note sent to employees, on Thursday morning, it was revealed that Chief Product Officer, Neal Mohan will take the reins as new head of YouTube
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Bank of London names Norbert Becker as Chair of European Union Region
Becker’s joins with extensive knowledge of the Luxembourg and wider EU environment coupled with over three decades of international experience
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Conferma Pay appoints ex-Square chief as its CEO
Jason Lalor will be tasked with accelerating the digitisation of business-to-business (B2B) travel payments
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PayRetailers appoints ex-Skrill CEO as its Chief Operating and Digital Officer
Lorenzo Pellegrino will be tasked with enhancing the company’s technology and international platform
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Kani Payments adds to senior team with new Chief Commercial Officer
Marc McCarthy will be responsible for overseeing the expansion of Kani Payments into the US and Asian markets
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GPS appoints Ex-Visa executive Jim McCarthy to lead Global Sales and Product
Jim McCarthy will lead GPS’ global commercial and product teams in close collaboration with Kevin Fox on sales acceleration, the company said
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Prove Identity appoints Amanda Fennell as new Chief Information Security Officer
Fennell joins having recently served in similar security roles
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Marqeta appoints Simon Khalaf as CEO
Ex-Yahoo executive will lead the company’s expansion plans in the embedded finance market segment
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