Embedded finance platform Railsbank has reportedly hired Stuart Gregory to serve as the company’s Chief Product Officer.
Stuart had joined Wise and was MD of Wise Business and Wise Platform. During the past few years, he has helped with developing, deploying and strategically expanding business initiatives to account for around 20% of Wise in the £9 billion listing.
Stuart hired and led a business product and sales division in order to support various other departments, such as customer support and product risk.
Before working at Wise, Stuart was a Paysafe Group VP product, where he was focused on consumer products and helped generate €100 million. Before this role, he served as VP of Visa Checkout Product Development at Visa Europe.
“We are very pleased to welcome Stuart to the team. He has already made a significant contribution to us at a very exciting time. We appreciate his insight, knowledge and experience in expanding our business, which benefits both our customers and the Railsbank team. Railsbank continues to grow rapidly and Stuart is our future. Play a leading role in your ambitions.”
Gregory noted that embedded finance is a “great opportunity.” He added that it “ultimately brings us beyond stand-alone financial services directly into the context of relationships with people and brands.”
“I think Railsbank has its own vision of solving this globally and in a radical way, so we’ve been watching carefully over the last few years. The next-generation experience we design and deliver with our partners. I am happy to be able to participate in and participate in. “
Railsbank is based in the UK with additional business offices in Singapore, Philippines, Malaysia, Vietnam, Sri Lanka, Australia, the United States, Germany and Lithuania.
As reported recently, Railsbank and Status Money, the New York-based personal finance company, are partnering to launch a cash-back credit card that automatically invests rewards in cryptocurrency.
As covered, Railsbank and Visa have joined forces to promote local Fintech services, with Railsbank becoming a Visa Ready Banking Identification Number (BIN) sponsor.