Judopay, a UK-based “AppCommerce” payments platform, has appointed Ryan Farley as its new CEO. Farley takes over just as Judopay secures reinvestment from key shareholders having exceeded growth expectations over the past year. Judopay predicts mobile commerce (or m-commerce) is set to grow 200% faster than traditional e-commerce this year. Farley was previously Judopay’s Chief Product and Commercial Officer. In his new capacity as CEO, Farley will focus on building a fully customer-centric approach for Judopay’s leading in-app mobile payments solution in EMEA and the US across key verticals. The company also announced that Michael Hancock has stepped into the role of CTO having joined Judopay in September 2015 as VP Engineering.
Former CEO Dennis Jones, led Judopay since its inception in 2012 and helped to build the best-in-class mobile-first product that has fuelled Judopay’s success. Judopay said Jones will remain in an advisory and evangelist capacity.
Farley joined Judopay in mid-2016 and is a former Intuit executive and CPO at Blue Star Sports. While at Blue Star, Farley developed a global payments platform for the youth sports market and launched multiple native apps that had over 100,000 downloads in the first couple of months.
“Dennis has been a devoted leader of Judopay, bringing the experience and technical expertise that has inspired the development team to create our market leading product. It is an honour to take the reins of Europe’s only mobile-first payments provider and Dennis will remain as a valuable advisor as we drive adoption of Judopay’s innovative solution. My primary goal is to delight clients by differentiating Judopay from competitors with a business environment focused on making customers stay with us because they want to, not because they are locked into a contract,” said Farley.