Kani Payments has announced the appointment of Marc McCarthy as its new Chief Commercial Officer, the latest significant hire for the company after Dan Clappison joined as Chief Operating Officer in late 2022.
McCarthy brings extensive strategic experience in payments, data reporting, and reconciliation to his new role having worked in a variety of senior financial and commercial roles in Switzerland, the Netherlands, Singapore, and Australia for Deutsche Bank and Credit Suisse among others. Most recently, he was Senior Vice President of International Sales for AutoRek.
He will be tasked with overseeing the expansion of Kani Payments into the US and Asian markets and identifying new key territories for its SaaS data reporting and reconciliation platform. According to the company, the platform has already processed over €15 billion in transaction volume.
Commenting on his appointment, McCarthy said: “Having the right balance of technology and expertise is paramount for success, and I feel I have found that combination at Kani Payments. I have always believed there was a disconnect between technology innovation and explaining those benefits in tangible ways that customers can understand.
He added, “Kani Payments has identified that problem and created a solution to fix it. It shows insightfulness and an understanding of synergies that other companies don’t get. There are lot of generic products, but Kani Payments’ software is a purpose-built solution born out of fintech for fintech, versus generic software that has been slightly changed to fit.”
In 2022, Kani Payments secured several new partnerships while it announced its selection in the Mastercard Start Path Global programme, which has an acceptance rate of just 2%. McCarthy will join Aaron Holmes, CEO, Melissa Beckett, CMO, Dan Clappison, COO, and Steven Licciardi, CTO, as the new senior leadership team, who will focus on driving continued business and talent growth for the company.
