Race to the top: Payoneer adds three world class executives to its leadership

Rick Steves

The company has been getting some senior hands-on board as the company looks to expand globally and focuses on the Enterprise business which has some of the biggest companies onboard.

Payoneer has appointed Chief Operating Officer, Keren Levy, as President, where she will be focusing on increasing Payoneer’s global profile while still leading Merchant Services, one of Payoneer’s newest and fastest-growing business lines.

The payments services provider is aiming to expand its footprint across the globe and could use some fresh talent as well. To replace Ms. Levy as Chief Operating Officer, Payoneer chose Arnon Kraft, a seasoned executive with global experience at large enterprises including Microsoft and SanDisk.

Scott Galit, Chief Executive Officer at Payoneer, said: “Keren has been a strong, inspirational leader at Payoneer for the past 12 years. She has been instrumental in driving our growth worldwide, passionately and relentlessly delivering for our customers, and she has been critical to shaping the corporate culture that defines us. Keren’s tireless drive, combined with her compassionate approach to leadership, have helped us maintain the energy, spirit, and values that are so distinctly Payoneer.”

“I’m excited to have Arnon lead the expansion of our capacity and bring his unique perspective and skillset to Payoneer. Arnon’s global leadership experience and commitment to delivering an excellent customer experience align perfectly with our business, as he continues to expand our localised operations all over the world.”

The commerce technology company powering payments has also added Pamela H. Patsley to its Board of Directors. She will certainly bring much know-how and experience to the table since she was most recently executive chairman of MoneyGram International, Inc. and was Chief Executive Officer of the company from 2009 -2015.

Ms. Patsley’s extensive career includes executive roles at First Data Corp., Paymentech, Inc. and First USA, Inc. She serves on the boards of Texas Instruments Inc., Keurig Dr Pepper Inc. and Hilton Grand Vacations Inc.

At Payoneer, she will also serve on the Audit Committee as chairman and will be a member of the Nominating & Corporate Governance Committee.

Scott Galit also commented on the appointment of Ms. Patsley: “Pam possesses extremely relevant executive and Board experience in the financial services industry and we are thrilled to welcome her to the Board. She joins us at an exciting time at Payoneer, after our entry into the public markets and as we continue to execute on our long-term strategy to be the world’s go-to-partner for digital commerce everywhere.”

In August, Payoneer announced the appointment of Robert Clarkson as its new Chief Revenue Officer in a further shakeup to its leadership team. This followed the appointment of Ya Wen as the new VP of Enterprise for the Americas.

The company has been getting some senior hands-on board as the company looks to expand globally and focuses on the Enterprise business which has some of the biggest companies onboard.

Read this next

Digital Assets

Societe Generale launches its own cryptocurrency, EURCV

French banking giant Societe Generale has launched its own euro-pegged stablecoin, EUR CoinVertible (EURCV). This move by France’s third-largest bank reflects the increasing trend of mainstream financial institutions embracing cryptocurrencies on a global scale.

Executive Moves

Stelios Eleftheriou leaves NAGA Group to join BVNK

BVNK, the crypto-powered payments and banking platform for businesses, has appointed FX industry veteran Stelios Eleftheriou, who has a colorful career across the gaming industry, as Business Development Director (CFD & iGaming).

Retail FX

CAPEX.com introduce ETFs on UAE, Saudi stocks

Abu Dhabi-based broker CAPEX.com has expanded its asset class offerings to include a new suite of Exchange-Traded Funds (ETFs) tailored for the United Arab Emirates (UAE) and Kingdom of Saudi Arabia (KSA) markets.

Institutional FX

Tradeweb Markets surges past $1.80 ADV in November

Tradeweb Markets Inc. (Nasdaq: TW) has reported a total trading volume of $38.2 trillion and a record average daily volume (ADV) of $1.80 trillion for November 2023. These figures mark a 59.2% year-over-year increase.

Inside View

A Mission in Accounting

Ismael Haber, an auditor and accountant, has made it his mission to help businesses improve the quality of their financial information by eliminating fraud and error. In the next five years, the demand for these specific financial services, being external financial audits, forensic accounting, and other fraud preventive and detective services is envisaged to increase.

Institutional FX

CME Group to launch new spot FX marketplace ‘CME FX Spot+’ in 2024

US derivatives exchange, CME Group today announced plans to introduce ‘CME FX Spot+’, a novel spot foreign exchange (FX) marketplace.

Interviews

FMLS:2023: Andrew Mreana provides an exclusive sneak peek into cTrader’s 2024 innovations

cTrader’s focus for the next year would be on developing new tools for Introducing Brokers (IBs) and partners, particularly those related to algorithmic (algo) trading, the company’s head of growth told FinanceFeed in an exclusive interview at the Finance Magnates London Summit 2023.

Digital Assets

Grayscale’s Ethereum ETF stalls: SEC extends review to January 2024

The United States Securities and Exchange Commission (SEC) has extended the evaluation period for Grayscale’s proposed Ethereum spot ETF.

Institutional FX

BMLL completes China equity data offering: Shanghai, Shenzhen, and Hong Kong

“Demand for China data has never been higher. This is set against a general industry trend of increased market participant sophistication, and an increasing demand for quality historic market data to understand market microstructure and venue behaviour. Market participants need to get the full picture of market quality, liquidity and order book dynamics to ultimately make better informed decisions on the markets they trade and the venues they run.”

<