ETtechMerchant commerce platform Pine Labs has announced the appointment of Marc Mathenz as its chief financial officer, said a statement issued today.
The company is expanding to newer markets with its popular tech-first ‘pay later’ proposition, recently introduced a mass-use digital payments product like AllTap and acquired southeast Asia’s leading consumer fintech platform Fave.
Mathenz has a reputation for scaling and growing international businesses. He significantly expanded the Fiserv and First Data businesses in the APAC region; strategic M&A, skilful integration and an efficiently executed multi-country expansion being key pillars of that success. In addition to having been the managing director (CEO) of both Fiserv and First Data in APAC, he was also the regional CFO at First Data earlier.
“Marc is a multidimensional leader with deep financial expertise and will help steer the Pine Labs battleship, which is poised for bigger and better milestones in its journey ahead. He is a great addition to our leadership team as we scale new frontiers in the times ahead,” said B Amrish Rau, CEO, Pine Labs.
“As the company sets out to become a merchant and consumer-focused payments and fintech market leader across Asia Pacific, I hope that my experience in managing and scaling multi-country and multi-cultural businesses will help the organisation accelerate its already steep growth trajectory,” said Mathenz.
Pine Labs powers more than 5,00,000 merchant network touchpoints in 3,700 cities. The company is expanding its global footprint and scaling operations in southeast Asia. Incorporated in Singapore, its key investors include Actis Capital, Mastercard, PayPal, Sequoia India, and Temasek.
The company is expanding to newer markets with its popular tech-first ‘pay later’ proposition, recently introduced a mass-use digital payments product like AllTap and acquired southeast Asia’s leading consumer fintech platform Fave.
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“Marc is a multidimensional leader with deep financial expertise and will help steer the Pine Labs battleship, which is poised for bigger and better milestones in its journey ahead. He is a great addition to our leadership team as we scale new frontiers in the times ahead,” said B Amrish Rau, CEO, Pine Labs.
“As the company sets out to become a merchant and consumer-focused payments and fintech market leader across Asia Pacific, I hope that my experience in managing and scaling multi-country and multi-cultural businesses will help the organisation accelerate its already steep growth trajectory,” said Mathenz.
Pine Labs powers more than 5,00,000 merchant network touchpoints in 3,700 cities. The company is expanding its global footprint and scaling operations in southeast Asia. Incorporated in Singapore, its key investors include Actis Capital, Mastercard, PayPal, Sequoia India, and Temasek.
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