Shieldpay promotes Sophie Condie to newly created role of Chief Operating Officer

Rick Steves

“I am looking forward to our continued success in the fintech space, disrupting legacy payment capabilities and securing the world’s most complex, contingent payments.”

Shieldpay has promoted Sophie Condie to Chief Operating Officer after nearly a year of working as Director of Operations.

Prior to joining the digital payments firm, Sophie amassed a wealth of experience across banking and fintech, holding senior roles with Royal Bank of Scotland, Barclays, and, most recently, leading operations at Form3 Financial cloud, delivering end-to-end Payments as a Service.

Sophie Condie will be in charge of transforming Shieldpay’s day-to-day operations, driving efficiencies, and improving performance across the business as it continues to scale and grow.

She will work closely with the wider Shieldpay leadership team and will report directly to chief executive Peter Janes, who believes the addition of Sophie to the Shieldpay C-Suite further develops the company’s focus on delivering the best outcomes for customers as part of its overarching customer-first strategy.

Shieldpay has never had a COO

Sophie Condie, Chief Operating Officer at Shieldpay, commented: “Since joining the team here at Shieldpay, it’s been the most incredible transformational journey, being surrounded by supportive and ambitious colleagues has been integral to the successful implementation of new ways of working to deliver operational efficiencies and excellence. I am looking forward to our continued success in the fintech space, disrupting legacy payment capabilities and securing the world’s most complex, contingent payments.”

Peter Janes, Chief Executive Officer at Shieldpay, said: “This is very much deserved. Since day one, Sophie has made a huge contribution to the scaling of operations within Shieldpay but she has also demonstrated drive and determination to get Shieldpay where we deserve to be. She cares about this company and our team a lot and that contributed enormously to this decision. Shieldpay has never had a COO and I couldn’t be happier that we are promoting Sophie to take on this crucial role alongside myself and the board. Exciting times ahead.”

Shieldpay partnered with Western Union Business Solutions

The firm has recently partnered with Western Union Business Solutions to provide customers with secure online payments and Foreign Exchange (FX) capability when trading internationally or dealing with foreign currencies.

The service aims to address the unpredictable foreign exchange rates that can negatively impact business transactions of all sizes, especially when the transactions are of high value.

Shieldpay protects online payments through verification, secure holding of funds, and any volume or value of payouts dependent on specific criteria before a transaction can complete. The end-to-end process frees up time and resources, protects against payment fraud and ensures compliance with local regulatory payment requirements.

Read this next

Digital Assets

Coinbase CEO says Chase UK’s ban on crypto “totally inappropriate”

Coinbase CEO Brian Armstrong criticized Chase UK’s decision to restrict cryptocurrency-related transactions in the UK. He called the move “totally inappropriate” and expressed his disagreement with the bank’s decision to ban its UK customers from conducting debit card or wire transfers related to cryptocurrencies.

Digital Assets

Binance CZ refutes any connection with CommEX

Changpeng “CZ” Zhao, the founder and CEO of Binance, has denied being the owner of CommEX, the company that reportedly acquired Binance’s business in Russia.

Institutional FX

Refinitiv’s spot FX volumes hit 8-month low

Refinitiv, the former Financial and Risk business of Thomson Reuters, today reported that the average daily volumes (ADV) of currency trading were $424 billion last month on the company’s main FX trading services.

Executive Moves

Integral hires industry veteran Paul Arnold as liquidity manager

Integral, a technology provider to the financial markets’ buy-side, has appointed Paul Arnold, a highly experienced FX industry professional, as its liquidity manager, according to information made public on his Linkedin profile.

Digital Assets

Terraform’s Do Kwon challenges US extradition request

Do Kwon, the crypto entrepreneur and former CEO of Terraform Labs, is opposing the U.S. Securities Exchange Commission’s request to question him about the crash of his company’s stablecoins Terra and Luna.

Digital Assets

Coinbase gets nod to offer futures for retail customers

Coinbase International Exchange has received regulatory approval from Bermuda’s financial regulator, the Bermuda Monetary Authority (BMA), to allow eligible non-US retail customers to trade perpetual futures contracts.

Inside View

How brokers can win the trading tech wars: Insights from iFX EXPO 2023

Last week’s iFX EXPO International 2023, held at the City of Dreams Mediterranean Integrated Resort in Limassol, Cyprus, welcomed a series of insightful discussions. A panel that particularly stood out focused on the role and evolution of trading technology.

Crypto Insider

Web3 Transformation: Radix’s Babylon Update Redefines User and Developer Engagement

Radix Publishing leaps forward in the decentralized world with the release of the Babylon mainnet upgrade, bridging the gap between innovative tech and user-friendly DeFi experiences.

Digital Assets

Crypto.com Joins Forces with PayPal and Paxos for Enhanced PYUSD Exchange Experience

Crypto.com collaborates with PayPal and Paxos to fortify its position as the premier exchange for PYUSD, marking a significant milestone in the global crypto landscape.

<