This week, ConnexPay, a payments technology company that integrates payments acceptance and issuance inside a single platform, announced the appointment of George Hansen as its chief revenue officer (CRO).
Hansen brings more than 20 years of experience in the payments industry. He previously worked as the head of global sales and account management at PayPal. During his recent tenure at PayPal, Hansen focused on various fintech areas, including payments, cards, mobile wallets, payouts, FX/cross-border, risk, lending, and data services.
As CRO at ConnexPay, Hansen will work closely with the existing revenue teams to build on recent gains after securing a $110 million growth equity investment led by FTV Capital in October 2022.
The company recently extended its global footprint by introducing enhanced capabilities to serve the UK, and EU markets better. ConnexPay said it anticipates doubling revenue this year, following 500% net revenue growth in 2022.
“As the world economy shifts online, digital innovation is key to acquiring and retaining customers, and businesses of all sizes are demanding modernized payments to address their needs in the market,” Hansen said. “Through their proprietary end-to-end payments platform, ConnexPay is uniquely positioned to eliminate the burden of legacy technology and enable businesses to accept and make payments at scale globally.
“Technology has not only created a paradigm shift in payments but also in visibility and control. Firms are looking at payments holistically, with pay-ins and pay-outs more closely linked now than ever before. The impact of technology and data on payments has reached a tipping point, and I am thrilled to be coming on board with ConnexPay at this important time.”
“Throughout his career, George has demonstrated an unwavering focus on what is at the core of revenue growth: the customer,” ConnexPay funder and CEO Bob Kaufman said. “This customer-centric approach and his extensive industry experience make him a great fit for our organization, and we’re pleased to welcome him on our journey to transform business by simply connecting payments.”
“George’s appointment comes during an exciting time of international expansion for ConnexPay. We’ve worked closely with our key partners to ensure that we are delivering exactly what the market needs and George’s global perspective will prove invaluable as we continue to grow our reputation as the go-to payments partner of choice.”