Global data reconciliation and reporting platform Kani Payments doubled profits in 2022 and is eyeing international expansion.
The firm has hired Marc McCarthy as its new chief commercial officer to oversee the firm’s growth into the US and Asian markets.
He will also be tasked with identifying new key territories for the firm’s SaaS platform, which so far has processed over €15 billion in transaction volume for clients.
Newcastle-based Kani has enjoyed stellar growth since its launch in 2018 and featured on our sister publication BusinessCloud’s FinTech 50 ranking last year.
McCarthy’s appointment follows that of Dan Clappison as chief operating officer in late 2022.
He will join CEO Aaron Holmes, CMO Melissa Beckett, Clappison and CTO Steven Licciardi in the new senior leadership team, who together will focus on driving business and talent growth for Kani Payments throughout 2023 and beyond, and positioning it as ‘the FinTech for FinTechs’.
As CCO, McCarthy will leverage his experience of building internationally focused teams and incisive business plans, coordinating multiple workstreams, and developing and implementing Kani Payments’ ambitious go-to-market strategy.
FinTech 50 – UK’s most innovative financial technology creators for 2022
Holmes said: “Marc’s appointment signals a new era for Kani Payments. Our senior management team brings a wealth of real-world experience and expertise which will support and drive our global expansion plans.
“Marc understands our customers as he has worked on their side of the fence, and he comprehends the power of our technology as a business case.
“Kani Payments’ platform drives compliance, safeguarding and business efficiencies with accuracy, and reporting in meaningful ways which has never been more important as companies seek to maximise the value of their data. We have ambitious targets and Marc will help get us to where we want to be in this next iteration of our business.”
Kani champions talent in the North East of England through its apprenticeship programme with Baltic Apprenticeships, supporting career changes and the development of new skills for people of all ages, levels and experiences.