Merchant commerce platform Pine Labs has introduced the appointment of Marc Mathenz as its chief financial officer, mentioned a press release issued right now.
The firm is increasing to newer markets with its common tech-first ‘pay later’ proposition, just lately launched a mass-use digital payments product like AllTap and purchased southeast Asia’s main shopper platform Fave.
Mathenz has a popularity for scaling and rising worldwide companies. He considerably expanded the Fiserv and First Data companies within the APAC area; strategic M&A, skilful integration and an effectively executed multi-country growth being key pillars of that success. In addition to having been the managing director (CEO) of each Fiserv and First Data in APAC, he was additionally the regional CFO at First Data earlier.
“Marc is a multidimensional leader with deep financial expertise and will help steer the Pine Labs battleship, which is poised for bigger and better milestones in its journey ahead. He is a great addition to our leadership team as we scale new frontiers in the times ahead,” mentioned B Amrish Rau, CEO, Pine Labs.
“As the company sets out to become a merchant and consumer-focused payments and fintech market leader across Asia Pacific, I hope that my experience in managing and scaling multi-country and multi-cultural businesses will help the organisation accelerate its already steep growth trajectory,” mentioned Mathenz.
Pine Labs powers greater than 5,00,000 service provider community touchpoints in 3,700 cities. The firm is increasing its international footprint and scaling operations in southeast Asia. Incorporated in Singapore, its key buyers embrace Actis Capital, Mastercard, PayPal, Sequoia India, and Temasek.
