Paysafe Appoints New Chief Strategy and Innovation Officer

Paysafe has made an exciting announcement with the appointment of Nicole Carroll as Chief Strategy and Innovation Officer. Carroll brings a wealth of experience to the table, having held senior positions with Visa and Discover Financial Services, among others, before joining Experian’s Decision Analytics business as Chief Product Officer. Her new role at Paysafe will focus on developing the company’s corporate vision, long-term growth strategy, product innovation, and capital expenditure programs.

Who is Nicole Carroll?

Before joining Paysafe, Carroll spent almost three years as Chief Product Officer for Experian’s Decision Analytics business. She also held several senior positions with Visa in San Francisco, California, and worked for Discover Financial Services, Citi Group, Cubic, and TranSys earlier in her career.

Paysafe: A Payment Pioneer With a Global Reach

When Paysafe was founded in 1996 as Optimal Payments Limited in Montreal, Canada, the world was a different place. The internet was still in its infancy, and e-commerce was a new and largely untested concept. But Paysafe was ahead of its time, and the company quickly established itself as a pioneer in the online payments industry.

Over the years, Paysafe has continued to innovate and evolve, growing its reach and expanding its offerings to meet the changing needs of businesses and consumers worldwide. Today, the company is a leading payments platform, with operations in North America, Europe, and Asia-Pacific.

Key Acquisitions and Proprietary Technologies

Paysafe’s history is marked by a series of key acquisitions that have helped the company broaden its reach and deepen its expertise. In 2015, Paysafe acquired the payment processing company Neteller, which gave it a foothold in the online gaming and gambling industries. The acquisition also brought Paysafe access to Neteller’s extensive customer base and advanced payment processing technology.

But Paysafe’s growth has not been limited to acquisitions. The company has also invested heavily in developing its own proprietary technologies and services, including its flagship digital wallet product, Paysafecard. This product allows customers to make secure online payments without the need for a bank account or credit card, making it an attractive option for those who prefer to pay with cash.

Carroll’s Impressive Track Record

Paysafe CEO Bruce Lowthers praised Carroll’s impressive track record of delivering exciting new innovations for the companies she has worked for, stating that her expertise will be invaluable as the company continues to transform and execute its long-term growth plan. Carroll expressed her excitement in joining Paysafe and her belief that the company has a lot of potential to re-position itself for long-term growth. She added that she looks forward to leveraging Paysafe’s unique payments network and digital assets and playing her part in seeing the company return to its highly innovative and entrepreneurial roots.

Growing Leadership Team

Carroll is the latest addition to Paysafe’s growing leadership team, which includes Rob Gatto as the company’s first Chief Revenue Officer and Alex Gersh as Chief Financial Officer, both appointed in August of last year. The company is well-positioned for continued growth and innovation, and Carroll’s appointment is a testament to Paysafe’s commitment to driving innovation and providing top-notch payment solutions to businesses and consumers worldwide.