Friday, September 29, 2023

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BaaS fintech Vodeno overhauls leadership with new CEO and chairman

Vodeno, a European Banking-as-a-Service (BaaS) provider, has undergone a leadership change with Philip McHugh as chairman and Noah Sharp as CEO.


  • Philip McHugh has been appointed as chairman of Vodeno, bringing his experience as the former CEO of Paysafe and a history of leadership roles at TSYS Merchant Solutions, Barclaycard Business Solutions, and Citigroup.
  • Noah Sharp takes over as CEO, joining Vodeno from BCB Group, where he served as deputy CEO and previously held positions at Paysafe, Standard Chartered Bank, and Deutsche Bank.
  • Helen Smith, a seasoned advisor and non-exec director, served as interim CEO before Sharp’s appointment
  • Vodeno has 30 BaaS projects in progress or delivered, including a joint venture with NatWest called NatWest Boxed, which offers BaaS services to UK businesses.
  • Backed by Warburg Pincus, Vodeno has attracted new investors, including NatWest (€58 million commitment) and the European Bank for Reconstruction and Development (EBRD) (up to €50 million equity investment).

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