The U.S. Office of the Comptroller of the Currency (OCC) has established a new office of fintech and appointed Prashant Bhardwaj to head the department as deputy comptroller and chief financial technology officer.
Sergio Ermotti is returning to the major Swiss bank UBS as Group CEO. The board of directors made this decision in light of the new challenges and priorities UBS must face following the acquisition of Credit Suisse, which UBS announced today.
Global payment services provider Ingenico appointed Laurent Blanchard (LinkedIn) as the new President and CEO. He has also become a member of the company's Supervisory Board and Board of Directors, effective April 3, 2023.
Expect a lot and pay well: The Berlin fintech mainly looks for techies. With seven years of professional experience or more, they can expect a six-figure salary. Certainly, Trade Republic also laid off numerous employees last year but still hires promising people. The startup, founded in 2015 by Christian Hecker, Thomas Pischke, and Marco Cancellieri, closed a Series C financing round of €250 million in 2022 at a valuation of almost five billion euros.
Valor PayTech has hired "payments veterans" Riaz Ladha and Eric Kirk to lead its new strategic payments business unit. Ladha joins Valor as senior vice president of integrated payments and strategy. He will be responsible for leading the Card-Not-Present (CNP) business unit.
Valor PayTech (website), a fast-growing fintech provider of end-to-end, processor-agnostic omnichannel payments solutions, announced the appointment of Eric Bernstein as Chief Executive Officer in addition to his current role as Chief Operating Officer, effective immediately. Bernstein has also been appointed to the company's board of directors.
The Spanish-American revenue-based capital provider Capchase (website) is coming to Germany. Frank Bertele, who was previously active in the same role at Mollie, will be responsible for the expansion. The business model of a revenue-based form of financing seems attractive.
SurgePays, a technology and telecommunications company focused on underserved customers, has appointed Jeremy Gies, a sales, business development and operations executive, as president of the company's subsidiary, SurgePays Fintech, Inc.
After six years at the helm, co-founder and CEO Roland Folz is waving goodbye to Solaris next year. He will leave the company on April 30, 2023, to be succeeded by Carsten Höltkemeyer, former chairman of the supervisory board of lending platform auxmoney.