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

NYSE Parent Invests $600M in Polymarket, Strengthening Market Position

This significant investment signals confidence in the future of predictive markets.Highlights: NYSE's parent company allocates $600M to Polymarket.Investment...
FinTech

Nexi Expands SEPA Direct Debit with Danish Banks, Enhancing Payments Integration

Nexi's collaboration with Danish banks aims to strengthen payment services across Europe.Highlights: Nexi partners with several Danish banks...
FinTech

Lloyds Confirms App Glitch Exposed Data of Almost Half a Million Customers

The significant data breach prompts concerns over customer privacy.Highlights: Lloyds Banking Group admits to a data breach affecting...
FinTech

Mastercard Restricts Sale of Nets Payments Unit Purchased for $3.2 Billion

Mastercard looks to divest its Nets payments segment as part of strategic realignment.Highlights: Mastercard is seeking to sell...