Prestigious online payment provider with millions of users worldwide AstroPay has appointed UK-based Fayyaz Ansari as its new Chief Financial Officer. The former Paysafe group CFO and board member for the Skrill division will be responsible for overseeing AstroPay’s financial activities and management decisions on a global level.

Over two decades of industry experience

As previously mentioned, Ansari spent around seven years with the Paysafe Group team, from September 2015 to March 2022. There, he became the strategic partner to the business unit’s chief executive officer and worked to drive growth while making operational decisions. critical. He also delivered value by acting as a business partner to the executive team while demonstrating his support for an initial public offering through a listing on the NYSE. As head of the finance function, Ansari was responsible for reporting, creating financial plans and estimates, and controlling financial and treasury systems.

Before joining the group as CFO, he was also the Skrill group financial controller for a further seven years from September 2008 to August 2015. During his time there, he raised debt to help fund Skrill’s acquisition strategy -it, also completing two sales and two purchases.

Ansari was also an audit executive at PricewaterhouseCoopers between December 2004 and August 2008. There, he managed a rich portfolio of clients spanning the food, consumer and electronics industries. He also spent his time working as an audit supervisor at Simmons Gainsford Group between April 2001 and October 2004.

Fayyaz has an impressive wealth of leadership experience that also includes topics such as treasury, auditing, tax restructuring, performance management, corporate finance and strategic planning. The chartered accountant and MBA holder from Warwick Business School in the UK will therefore “undoubtedly have an immediate impact” on the team, as stated by AstroPay chief executive Mikael Lijtenstein. In its quest to become a global leader in payment solutions, AstroPay is confident that Ansari will be a “great addition” to the team, helping their mission to deliver financial freedom to millions of people with ” his wealth of experience” which will prove to be “essential in implementing our strategic plans” to accelerate the company’s growth.

Ansari will join AstroPay After Wolves Partnership

Last month, AstroPay became the main partner of Wolverhampton Wanderers, an important football club, part of the prestigious English Premier League. Speaking about his new appointment, Ansari expressed his enthusiasm to work with a team that is “passionate about the business, has a clear strategy and always puts the needs of customers first”.

He also cited AstroPay’s commitment to its international expansion plans and strong business model, while praising its “focus on diversity and proud history.” In March, AstroPay announced that it had expanded its footprint in the LatAm region by launching its Payment Connections solution in Mexico. Colombia, Peru and Chile. At the end of the same month, the payment processor decided to sponsor the Pinnacle Cup III.

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