Marqeta (NASDAQ: MQ)has announced that Simon Khalaf will step in as the company’s new Chief Product Officer. Khalaf arrives at Marqeta after working at Twilio as Vice President of the firm’s core products. Marqeta states that Khalaf will be responsible for the strategic direction, development, and delivery of Marqeta’s products.
Marqeta founder and CEO Jason Gardner issued the following statement:
“Simon is a deeply experienced product leader with a proven track record of building and scaling high-growth products and developer-focused platforms. Simon has demonstrated his ability to lead diverse, global teams and he will be an incremental member of our leadership team as we further invest in our product capabilities and ability to power new modes of money movement at scale.”
At Twilio, Khalaf oversaw the company’s revenue growth, helping to establish Twilio as a leader in the Communications Platform As a Service (CPAAS) space.
Prior to Twilio, Khalaf led Yahoo, and later Verizon’s, media products which each had over a billion monthly users.
Marqeta noted that it has recently launched new products, including RiskControl, an end-to-end suite of products to combat payment fraud, and over 40 new APIs as part of an expansion of credit card issuing capabilities.
Khalaf said he sees vast opportunities ahead at Marqeta:
“Businesses and consumers today have become accustomed to frictionless digital payment experiences, and they expect that experience to materialize in every financial product they use. I see Marqeta as the engine and developer-first platform behind all the brands bringing these products to billions of consumers and businesses.”
Marqeta provides the platform for firms to issue, manage and adapt both physical and virtual cards. The company operates in 36 different countries.
