Following its rescue sale last month, embedded banking platform Railsr has brought in a new management team, led by the former boss of blockchain firm Setl, Philippe Morel.
Last month Railsr was saved from collapse after agreeing a sale to a consortium of investors led by D Square Capital.
The firm had been looking for a buyer for several months as it faced up to the economic downturn, with a possible deal with African payments technology unicorn Flutterwave falling through.
A year ago, it was looking for investment at a $1 billion valuation, but in October it finally secured funds at a heavily discounted $250 million value.
Former CEO and co-founder Nigel Verdon has left the company.
Rick Haythornthwaite, chair, Railsr, says: “This is a pivotal moment for Railsr and we are starting a new phase on the front foot. This triumvirate of executive appointments bring deep experience and renewed energy to rebuild momentum, drive change and return Railsr to growth.”
- SEO Destekli İçerik ve Halkla İlişkiler Dağıtımı. Bugün Gücünüzü Artırın.
- Plato blok zinciri. Web3 Metaverse Zekası. Bilgi Güçlendirildi. Buradan Erişin.
- Kaynak: https://www.finextra.com/newsarticle/42091/railsr-appoints-new-ceo-following-emergency-sale?utm_medium=rssfinextra&utm_source=finextrafeed
