Noam Oren is joining Yapily from Payoneer and is replacing Joao Martins, who has moved to KodyPay.
UK open banking fintech Yapily has appointed payments industry veteran Noam Oren as its new chief technology officer (CTO).
Oren is joining Yapily from Payoneer, the US online money transfer firm, where he spent around 13 years.
Yapily said that Oren has over “two decades of experience in cross-border payments, meeting the needs of enterprise companies, and scaling global organisations”.
In his role at Payoneer, he contributed to its growth “from the seed stage to a successful IPO in 2021”, Yapily added.
He is replacing Joao Martins who has moved to payments company KodyPay.
In his role at Yapily, which says it’s set to become the largest open banking payments provider in Europe following a significant acquisition, Oren will be responsible for setting out long-term platform strategy by scaling Yapily’s open banking products and services.
He will also be involved in Yapily’s plans to enter new markets across Europe.
Oren said: “Over the last few years I’ve watched Yapily evolve from a disruptive new market entrant into the open banking platform of choice for hundreds of businesses across Europe.
“Whether it’s accessing financial data or initiating faster and more secure payments, it’s exciting to see consumers and businesses benefitting from the enhanced user experience Yapily is enabling its customers to build.”
Stefano Vaccino, founder and CEO at Yapily, added: “As Yapily and the wider open banking ecosystem continue to grow rapidly, mainstream adoption is simply no longer a case of if, but when. Noam’s expertise will help to strengthen our position as a European leader and accelerate the delivery of better and more innovative financial services to millions of people.”
Last month Yapily said it would now be processing over $39.5bn in annual payments, following an acquisition that will double its customer base.