US fintech Stax Payments appoints Paulette Rowe as CEO, a seasoned executive with a prominent background in the financial sector.
Facts
- Paulette Rowe becomes the new CEO of Stax Payments.
- She takes over from John Kristel, who was the interim CEO and will now resume his role as operating partner with Greater Sum Ventures, a control investor in Stax Payments.
- Rowe was previously the CEO of Paysafe’s integrated and e-commerce solutions division and later joined London-based paytech platform Global Processing Services (GPS) as an independent non-executive director.
- She has held senior roles at Barclays, Meta, Royal Bank of Scotland/NatWest, and GE Capital, accumulating over 20 years of experience across banking, payments, and fintech.
- Her main responsibility now is to lead growth and operations for Stax’s software and payments portfolio.
- Ross Croley, founder and CEO of GSV and chairman of the board of Stax, praises Rowe’s accomplishments, her understanding of the industry’s complexities, and her ability to inspire teams to succeed.
- Founded in 2014, Stax Payments provides an all-in-one payments API to businesses of all sizes, including Software-as-a-Service (SaaS) platforms, enabling them to manage payments, analyze data, and simplify customer experiences.
- Stax raised $245 million in a Series D funding round in March last year at a valuation of up to $1 billion and claims to have processed more than $30 billion in transactions.
