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UK fintech Pozitive Payments names Alex Daly as new CFO

Pozitive Payments Appoints Alex Daly as CFO: Key Points

  1. New CFO Appointment:
    • Alex Daly has been appointed as the new chief financial officer (CFO) of Pozitive Payments, a subsidiary of London-based technology-driven utilities and business solutions company PE.
  2. Company Launch and Services:
    • Pozitive Payments aims to launch soon, offering a range of financial products and solutions for small and medium-sized enterprises (SMEs) in the UK.
    • Services will include card acquisition, payment accounts, loyalty and rewards offerings, and liquidity management services.
  3. Daly’s Responsibilities:
    • Daly will lead the finance team, overseeing reconciliation and settlement operations.
    • He will also manage the development of lending and liquidity management products.
  4. CEO’s Comments:
    • Mike Peplow, CEO at Pozitive Payments, praises Daly’s SME finance knowledge and experience in scaling regulated financial services businesses.
  5. Daly’s Background:
    • Daly is currently a non-executive director at FOLK2FOLK, a UK-based marketplace lending platform.
    • He joins from Algbra, an ethical financial services enterprise, where he served as CFO.
    • Previously, he was CFO and CRO at Ask Inclusive Finance (AskIf) and the government-backed Start Up Loans Company.
  6. Daly’s Vision:
    • Daly plans to finalize the strategy and lead the rollout of Pozitive Payments to support SMEs, which he describes as the backbone of the economy.

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