Connect with us
Our website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

NEWS

Former Barclaycard CEO joins award winning payment start-up APEXX

Valerie Soranno Keating bolsters senior team of UK start-up aiming to transform global payments market

Valerie Soranno Keating, CEO of Barclaycard for six years, has joined the board of London-based payments start-up APEXX as Non-Executive Director.

SorannoKeating, dubbed the ‘queen of cards’1, led Barclaycard’s global business between 2009-2015, tripling profits and growing revenues by 45%. Previously, she held a number of executive positions at American Express for over 16 years.

APEXX is creating a transparent marketplace where merchants can browse and plug in to competing services from a network of acquirers and payment brands across the world.

Valerie Soranno Keating, board director APEXX said, “The potential of APEXX is what has me most excited. The company has created an innovative platform that can save merchants millions of pounds and removes much of the complexity of managing payments. The market desperately needs more transparency and competition and this could change global payments for the better.”

Using the APEXX platform, merchants can see how costs compare and get expert advice on the payment providers that will best suit them. It can save merchants upwards of 15% on the cost of processing credit or debit card payments and alternative payments.

For many merchants, this equates to millions of pounds and the cost of payments continues to rise: the latest figures show that the volume of non-cash payments is growing by 10.1% every year, with more than 426 billion global transactions annually2.

Rodney Bain, co-founder and MD of APEXX said, “APEXX already has global customers, global partners and global ambitions. We now have a globally recognised payments leader on our team, with a proven track-record in scaling new innovations. This will undoubtedly accelerate our growth.”

Per Bjorgas, Chairman of APEXX said, “On behalf of the Board, I am delighted Val is joining the Board of APEXX which will further strengthen our management team as we bring our platform to market. Having someone of Val’s undoubted stature join APEXX is a real vote of confidence in what the team has built and we look forward to working with Val to shake up the payments industry and give Merchants better service and value.”

APEXX is privately funded and is currently in discussion with a number of private equity partners.

Continue Reading