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.
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

New York Finalizes BNPL Rules to Strengthen Consumer Protections

New regulations aim to enhance transparency in buy now, pay later services.Highlights: New York's final regulations for BNPL...

Visa Accelerates AI Leadership in Payment Industry Race

Visa's push for AI supremacy shapes the future of financial technology.Highlights: Visa increases investment in AI technology.The payment...

Tokenization Set to Transform Financial Services Industry, Survey Finds

New survey highlights the rising importance of tokenization in finance.Highlights: A new survey shows rising interest in tokenization...

New Dataset Launch Strengthens UK Financial RegTech Sector

A comprehensive tool for mapping the UK RegTech landscape has been unveiled.Highlights: A new dataset has been launched...