Fintech PR
CellPoint Digital, Leader in Payment Orchestration, Appoints Mark Patrick as Chief Revenue Officer
Mark Patrick leverages over 25 years’ expertise across global fintech firms to drive CellPoint Digital’s expansion in air, travel and hospitality sectors
LONDON, Sept. 12, 2024 /PRNewswire/ — CellPoint Digital, a global pioneer in Payment Orchestration, today announced Mark Patrick as the new Chief Revenue Officer to lead CellPoint Digital’s growth and expansion in travel and hospitality as demand for Payment Orchestration solutions surges in these industries. Mark will be replacing Greg Worch, who recently retired.
Based in the United States, Mark will be responsible for driving revenue growth with focus on the commercial aviation, hospitality and overall travel industry. He will report to Kristian Gjerding, the CEO of CellPoint Digital.
Mark’s growth mandate is driven by the increased demand for Payment Orchestration solutions in CellPoint Digital’s target industries. The global Payment Orchestration Platform market was valued at $1.1 billion in 2022 and it is anticipated to grow up to $10.1 billion by 2032, at a CAGR of 24.5% during the forecast period, according to McKinsey & Well Company market research. As more companies turn to Payment Orchestration to mitigate payment fragmentation and facilitate scalable growth (Bain & Company), they need a partner with expertise in Payment Orchestration and industry-specific experience in deploying these solutions. CellPoint Digital is ideally positioned to deliver on both.
Having held the role of Global Head of Payments at CellPoint Digital since 2019, Mark brings an in-depth understanding of the business. He joined CellPoint Digital from Intrapay, a fintech startup providing international cross-border payment services to clients in Europe and Asia Pacific, where he was Chief Operating Officer. Prior to that, he was Chief Executive Officer at GoSwiff (now PaySwiff), a mobile commerce firm headquartered in Singapore with global operations. Before GoSwiff, Mark was the GM and Regional Head of Ingenico (formerly Global Collect) ePayments business in the Asia Pacific region.
Kristian Gjerding, CEO at CellPoint Digital says: “We are pleased to see Mark Patrick take up a new role within CellPoint Digital. As Chief Revenue Officer, Mark oversees CellPoint Digital’s revenue strategy and global business development teams as well as the development of a new account management function. This comes amidst growing demand from businesses seeking to streamline their digital payment capabilities while countering the major challenges they face with existing providers to deliver a seamless service.”
Mark Patrick adds: “It has been a career highlight to be a part of CellPoint Digital’s growth story and to stand at the forefront of optimising customers’ path to purchase across digital channels. This business-critical issue will only grow in importance as consumers increasingly opt for alternative payment methods and demand friction-free payment experiences. As we continue to scale, this requires a new, digital-first approach to revenue generation and account management to ensure client satisfaction.”
Advancing Payment Orchestration across Key Regions
CellPoint Digital’s rapid growth and increasing market demand have necessitated a strategic expansion of their revenue team, with new hires across revenue and account management in key regions such as Europe, Latin America, and Asia-Pacific. This expansion is a direct response to the surging interest in Payment Orchestration across diverse industries and global markets.
Central to CellPoint’s revenue strategy is showcasing the transformative benefits of Payment Orchestration to enterprises worldwide. CellPoint is committed to meeting the evolving needs of a growing client base. Payment Orchestration, a concept that encompasses the end-to-end management of all payment activities—from authorisation and routing to settlement and reporting—has proven invaluable for companies seeking to boost conversions in both direct and indirect sales channels while reducing transaction costs.
The platform’s versatility and efficiency have driven strong demand, fueling CellPoint’s expansion and reinforcing their position as industry leaders in the rapidly evolving payment technology landscape.
For more information about the CellPoint Digital or to speak with company executives, please get in touch with Steven Osei at [email protected]
About CellPoint Digital
CellPoint Digital is a fintech leader in payment orchestration. CellPoint Digital’s main solution is a powerful Payment Orchestration Platform that optimises digital payment transactions from cards or alternative payment methods and accelerates the deployment of new payment options. Merchants can easily scale their own payment ecosystem across the world, unify the customer payment experience across their website, mobile apps and other channels, optimise the routing of each transaction, increase conversion rates and minimise payment costs. CellPoint Digital has offices in Copenhagen, Dallas, Dubai, London, Miami, Pune and Singapore. Visit www.cellpointdigital.com to learn more.
View original content:https://www.prnewswire.co.uk/news-releases/cellpoint-digital-leader-in-payment-orchestration-appoints-mark-patrick-as-chief-revenue-officer-302246054.html
Fintech PR
Wahed appoints Khalid Al Jassim as Executive Chairman of Wahed MENA to help guide the strategic growth of Wahed in the region
DOHA, Qatar, Nov. 24, 2024 /PRNewswire/ — Wahed, a global Shariah-compliant fintech, has appointed Khalid Al Jassim as Chairman of Wahed MENA.
On this appointment, Khalid commented, ”I am excited to guide Wahed’s growth in the region. Wahed’s mission of furthering Islamic Finance is one I resonate with deeply and I look forward to supporting its growth ambitions.”
Khalid has over twenty five years of investment banking and corporate advisory experience gained with some of the most innovative and groundbreaking institutions in the world.
His career spans leading firms including SABIC, Arthur Anderson and Arcapita Bank in Bahrain, where he was instrumental in making it into one of the PE powerhouses in the region. His responsibilities started in the earlier years with establishing the Investment Placement Team and transforming it into one of the most robust teams in the industry. At the time that Khalid left Arcapita to build his personal business, he was an Executive Director. Today he is Chairman of Afkar Vision, a private advisory house specialized in mergers and acquisitions with offices in Manama, Dubai and Riyadh.
As well as being one of the earliest investors in Wahed, he is currently Chairman of the Audit Committee and Board Member at Bahrain Islamic Bank, the 4th oldest Islamic Bank in the World and Board Member at SICO Bank and SICO Capital in Saudi, an $8bn asset manager in the region.
Mohsin Siddiqui, Wahed CEO said, “We are delighted to announce Khalid’s appointment. His unique understanding of the financial landscape in the MENA region is unparalleled and we are excited to bring this expertise in continuing to grow our presence in the region.”
About Wahed
Founded in 2015, Wahed is a financial technology company that is advancing financial inclusion through accessible, affordable, and values-based investing. The company has made significant inroads in the world Shariah compliant investing by creating an easy-to-use digital platform that provides a suite of Shariah compliant investing products including managed portfolios and venture and real estate investments. Wahed caters to over 400,000 customers globally and manages over $ 1 billion in assets.
For more information, visit: www.wahed.com
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View original content:https://www.prnewswire.co.uk/news-releases/wahed-appoints-khalid-al-jassim-as-executive-chairman-of-wahed-mena-to-help-guide-the-strategic-growth-of-wahed-in-the-region-302314779.html
DOHA, Qatar, Nov. 24, 2024 /PRNewswire/ — Qatar Development Bank (QDB) announces a strategic investment in Wahed, a global Shariah-compliant fintech.
Wahed currently manages over $1 billion in assets and has attracted over 400,000 clients worldwide. The company is built on the principles of democratizing access to financial services and offers clients access to Shariah-compliant investments in its mobile app. Wahed removes the barriers to sophisticated investment management services that have been traditionally reserved for high-net-worth investors.
Khalid Al Jassim, Executive Chairman of Wahed MENA said: ‘We are delighted to welcome our new shareholders, QDB. We believe Qatar is fully aligned with our mission in creating a technology-first Islamic finance leader that unlocks a financial ecosystem free from Riba. We look forward to supporting the Qatar National Vision 2030 of becoming a leading knowledge-based economy.
Ali Rahimtula, Partner at Cue Ball Capital said: “Qatar Development Bank’s strategic investment is a clear signal of the faith the industry has in Wahed and its ability to create the future of Islamic Finance.”
About Wahed
Founded in 2015, Wahed is a financial technology company that is advancing financial inclusion through accessible, affordable, and values-based investing. The company has made significant inroads in the world Shariah compliant investing by creating an easy-to-use digital platform that provides a suite of Shariah compliant investing products including managed portfolios and venture and real estate investments. Wahed caters to over 400,000 customers globally and manages over $ 1 billion in assets.
For more information, visit: www.wahed.com
About Qatar Development Bank
Qatar Development Bank’s mission is to advance the economic and innovation development cycle of Qatar, supporting and contributing to the nation’s economic diversification. As well as a focus on the development of Qatar’s private sector, QDB is a powerful catalyst for socio-economic development in the country, empowering the local economy and bettering living standards.
For more information, visit: https://www.qdb.qa/
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View original content:https://www.prnewswire.co.uk/news-releases/qatar-development-bank-announces-strategic-investment-in-global-islamic-fintech-wahed-302314778.html
DHAKA, Bangladesh, Nov. 23, 2024 /PRNewswire/ — With the popularity of electric vehicles in Bangladesh, the globally renowned AIMA brand has also arrived in Bangladesh. The esteemed DX Group has brought the AIMA F-626 to customers. This environmentally friendly battery-operated electric motorbike has already been approved by the Bangladesh Road Transport Authority (BRTA) now.
In light of the increasing popularity of electric motorcycles in the country, the internationally-leading brand AIMA has entered the market. By the end of 2023, AIMA electric two-wheelers had established a presence in over 50 countries worldwide, with 11 global production bases, including overseas factories in Indonesia and Vietnam. In 2022, AIMA collaborated with Rob Janoff, the designer of the Apple logo, to refresh the brand’s VI system with a youthful and fashionable image. In 2023, AIMA teamed up with PANTONE, the global authority in color expertise, to create the trending color of the year. As an industry leader, AIMA spearheads the electric two-wheeler sector and showcases the prowess of a leading electric two-wheeler brand on a global scale. As of March 31, 2024, AIMA’s total electric two-wheeler sales had reached 80 million units, earning certification from Frost & Sullivan, a globally recognized business growth consulting firm, as the “Global Leading Electric Two-wheeler Brand”.
Over the years, AIMA has always been a product trendsetter in the electric two-wheeler sector. As of March 31, 2024, the total sales volume of AIMA electric two-wheelers reached 80 million, and Frost & Sullivan, a world-renowned market consulting company, awarded AIMA with the market status certification of the “Global Leading Electric Two-wheeler Brand (by Sales)”.
AIMA adhere to the customer-centered product philosophy and technologies that support long-term innovation and breakthroughs. We believe that the efficiency and modern technology of the AIMA F-626 will present an excellent alternative means of communication for our customers.
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View original content:https://www.prnewswire.co.uk/news-releases/chinas-aima-brand-electric-motorbike-is-now-in-bangladesh-302314773.html
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