Paysend Pushes for Growth With Appointment of Former President of Mastercard Europe

Paysend has appointed former President of Mastercard Europe Javier Perez as a non-executive director.

Focus of Business Strategy and Global Expansion

The international payments platform has recently announced its growth to 5 million customers globally in under five years, with one and a half million customers joining in the last six months alone.

Paysend has also raised an additional $125 million Series B investment round in May. The addition of Javier Perez to the board of directors is proof that the payments company hasn’t settled with its size yet and intends to keep on pushing for growth.

Javier Perez will focus on Paysend’s future business strategy and will work closely with the company’s senior management team to drive further global expansion.

Currently the Founder and Managing Partner at Global PayTech Ventures, a venture capital firm that invests in early stage paytech companies that are looking to raise seed, Series A, or Series B round funding, Javier Perez is an industry veteran with 25 years at Mastercard under his belt.

25 Years at Mastercard

From the 25 years at Mascercard, Javier Perez spent 15 of those as president of Mastercard Europe, and two years as president of Mastercard Latin America and the Caribbean.

There, he helped merge Mastercard with Europay, integrating two large players in the payments space and taking the new entity to IPO.

Ronnie Millar, Chief Executive Officer at Paysend, said: “Javier has an extensive and successful track record in new business development, mergers and acquisitions and global strategy, and under his leadership, Mastercard Europe was recognized as the leader in payments technology innovation. We’re thrilled to welcome Javier to the Paysend board and look forward to the active role he’ll play in helping to drive our business strategy as well as further cementing relationships with key players in the payment ecosystem.”

Javier Perez, Founder and Managing Partner at Global PayTech Ventures and Non-Executive Director at Paysend, said: “I am delighted to be joining such a pioneering and fast-growing company in Paysend. The company is positively disrupting the payments market in making financial services more accessible and inclusive for individual people and small businesses. I am hugely excited by Paysend’s potential to become the number one payments platform of choice for customers around the world.”

Paysend boasts a number of leading figures within the industry in the board of directors, including Michael Fazio, Humbert de Liedekerke, Gary Kearns, Tom Zschach, Brad Koenig, Alireza Masrour, and Jairo Riveros.