Paytrix hires Nick Tubb as Global Head of Sales to deliver international expansion plans
Appointment follows $18.3M funding round as the company rolls out its payment curation solution.
Paytrix, the London-headquartered fintech that simplifies global payments for fast-growth businesses, has appointed international B2B payments veteran, Nick Tubb, as its Global Head of Sales.
With over 25 years of experience, Nick has led teams providing cross-border and FX services as well as acquiring, collections and BaaS solutions in Europe, North America, Asia and Australia for globally respected financial services providers. Prior to starting at Paytrix, Nick was most recently Banking Circle’s Global Head of FX Sales. He has also held the positions of Chief Commercial Officer and General Manager for Asia Pacific at Ingenico.
In his new role, Nick will focus on further developing and executing Paytrix’s sales strategy, and scaling the commercial team to support the company’s international expansion.
Through one platform, one contract and one API, Paytrix’ payments curation solution provides businesses with access to the best payments products around the world — reducing the inefficiency, cost and complexity that plagues them when it comes to international payments. A huge contrast to existing international payments solutions which typically require businesses to source, negotiate and maintain a minimum of 10 to 15 partners, contracts and APIs globally.
Aran Brown, Paytrix Co-Founder and CEO said, “The payments sector is unnecessarily convoluted and poorly connected. For businesses that want to expand internationally the barriers are significant. High transaction costs, slow speeds and a complex regulatory landscape are all in play.
“Nick’s knowledge and experience brings significant benefit to Paytrix and will help us deliver on our vision of simplifying B2B cross-border payments for businesses with international ambitions”.
The news follows Paytrix’s significant Series-A funding round in March which saw the company secure $18.3 Million, from co-leads Unusual Ventures, Motive Partners and Bain Capital Ventures.
Nick Tubb detailed his motivations for joining the Paytrix team: “Paytrix’s payment curation solution addresses a significant operational challenge, bringing speed and cost efficiency to any business that is receiving and settling payments in overseas currencies. The founders have a history of building successful payments businesses, and have attracted an outstanding senior leadership team to make their vision real. I’m looking forward to developing and executing a commercial strategy that sets us up for a period of rapid international growth.”
