BankingBusinessFinTech

Cardstream Appoints Gurinder Sumra as CFO to Drive Growth

  • UK-based paytech Cardstream has named Gurinder Sumra as its new chief financial officer (CFO).
  • With over 30 years of experience in financial services, Sumra has held leadership roles at FIS, Elavon, VocaLink, and OneVu, bringing extensive expertise in banking and payments.
  • Cardstream, founded in 1999, offers a comprehensive suite of payment services, including transaction monitoring, payment facilitation, and fraud detection, through its Open Payment Network.
  • This platform connects over 400 global acquirers and payment systems across 120+ countries.
  • Sumra aims to accelerate Cardstream’s growth by focusing on new partnerships and exploring mergers and acquisitions.
Previous article
SEB Taps Thought Machine’s Vault Core for New BaaS Platform
Next article
Tanner Servicios Financieros Secures $40M IFC Investment to Drive Expansion
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

FinTech

Italy Fines Revolut €1.15M for Regulatory Violations

Revolut faces penalties due to non-compliance with Italian financial regulations.Highlights: Italy fines Revolut €1.15 million for regulatory breaches.The...
FinTech

DeFi Platform Drift Suspends Withdrawals After Crypto Hack

Drift takes precautionary measures following security breach affecting user funds.Highlights: Drift has suspended all deposits and withdrawals after...
FinTech

Cross River Bank Raises $50 Million to Accelerate Growth

The funding will enhance Cross River Bank's financial technology services.Highlights: Cross River Bank has raised $50 million in...
FinTech

Kulipa Secures $62M to Enhance Stablecoin Card Issuing Infrastructure

Funding aims to strengthen cryptocurrency card services in the growing fintech market.Highlights: Kulipa raises $62M to enhance its...