Former Adyen exec Jan-Pieter Lips joins UK’s DNA Payments as CEO

  • Leadership Change: Former Adyen executive Jan-Pieter Lips was appointed as the new CEO of DNA Payments, a payments processing firm based in the UK.
  • Strategic Focus: Lips is tasked with leading DNA Payments’ growth and expanding its cloud-based omnichannel payment processing service into fast-growing vertical markets, especially in restaurants and specialist retail sectors across the UK and Europe.
  • Founders’ Shift in Focus: Co-founders Arif Babayev and Nurlan Zhagiparov will shift their focus to other core initiatives within the company, with Babayev concentrating on mergers and acquisitions, partnerships, strategy, and expansion plans, while Zhagiparov focuses on innovation, products, and technology.
  • Confident Leadership Choice: Directors express confidence in Lips, stating that the thorough selection process led them to believe he is the right person for the CEO role.
  • Company’s Growth and Vision: Lips emphasizes the firm’s current “huge growth” and highlights the increasing demand for market agility and innovation in commerce and payments. He expresses belief in the transformative role of technology and states the firm is well-positioned to deliver on these fronts.
  • Professional Background: Lips, noted as a co-founder of the UK’s Nectar loyalty programme, brings experience from Adyen, where he served in various leadership roles, including as the head of unified commerce, responsible for creating and operating omnichannel verticals, contributing to a significant portion of Adyen’s total payments volume.
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.

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