Women In Fintech - Interview with Nikhita Hyett, MD for Europe at BlueSnap

  • Nikhita Hyett, Managing Director for Europe, BlueSnap

  • 08.03.2021 11:41 am

What’s your current role in tech? Can you tell us a bit about what you do?

I’m the Managing Director for Europe for fintech payments platform BlueSnap. In my role, I head up the company’s European operations, with a focus on increasing BlueSnap’s footprint in the UK and Europe. This involves overseeing sales, partnerships, account management and product. I’m involved with BlueSnap’s strategy from both a global and local standpoint.

How and why did you decide to move into fintech?

I used to be a tabloid news journalist, and then moved to magazines, where I became a showbiz editor for a women’s weekly. I had my first kid, went back to work and realised I no longer loved what I was doing. As I tried to figure out what I wanted to do, I saw my husband’s career in fintech go from strength to strength. And I thought, “that’s what I need to be doing!”. So, I made the move.

What’s the most exciting thing about working in the sector; what are you excited about for the future?

I’m literally excited about everything. Tech is constantly changing and evolving. Payments is no longer the “boring part” or the admin that a business has to do to get paid. It’s interesting and it’s crucial, because – it can be the difference between making a sale, or not. 

I’m also excited about the future development of payments and fintech as a sector, to see what new and innovative things will happen. Even the regulation is interesting (believe it or not!) because it drives change and contributes to innovation.

Most of all, though, I’m excited about the company that I work for – BlueSnap. The projects we have coming up are huge, and so is our team’s appetite for innovation.

Where do you find support in the fintech world?

I’m fortunate to be surrounded by support – from my colleagues, ex colleagues and my network. I have friends in fintech. So, I’m constantly bouncing ideas off those around me. I have an amazing mentor at BlueSnap – I would say she’s been instrumental in my progress over the past year. My husband is also my biggest support and inspiration.

What advice would you give other women who want to work in fintech?

The same advice I would give a man who wants to work in fintech. Go for it! And, it sounds cheesy, but be yourself. Payments is not about banks or banking any more. It’s not filled with stuffy people in grey suits, talking jargon for the sake of jargon. I learnt this when I was at Adyen, and it’s a culture that we very much have at BlueSnap too.

What’s the one thing you wish you could tell your younger self?

To be patient – great things will come!

This year’s IWD theme is #ChoosetoChallenge; what does this mean for you or in your current work life?

I love a challenge – being slightly outside my comfort zone is where I feel most comfortable. Although, both my husband and I starting new jobs during a pandemic, with kids at home, has definitely stretched our challenge thresholds.

What’s the biggest challenge you’re dealing with currently in your career?

The biggest challenge I’ve been dealing with is learning how to be a teacher for my kids. I failed miserably. But they’re back at school now – thankfully. I’d say I’m faced with challenges in my career every day – but I enjoy them. My team motivates me, my clients encourage me and my family helps me to keep things in perspective.

 

 

About BlueSnap: BlueSnap is a global payment services provider that works with businesses to handle all elements of their payments processes, including online stores, cross border sales, invoice payments and subscriptions. Recently, the company has been vocal about what the industry can learn from the Wirecard fallout, in terms of regulation and multi-acquiring specifically.

BlueSnap provides an All-in-One Payment Platform designed to increase sales and reduce costs for B2B and B2C businesses. Our Platform supports online and mobile sales, marketplaces, subscriptions, invoice payments and manual orders through a virtual terminal. With a single integration to our Platform, businesses can accept any payment with ease. The Platform includes access to 110 payment types, including popular eWallets, built-in world-class fraud prevention to protect sales and detailed analytics to help businesses grow. Based in Waltham, MA, BlueSnap is backed by world-class private equity investors including Great Hill Partners and Parthenon Capital Partners.

About Nikhita Hyett

Nikhita is MD, Europe, at global payment technology company BlueSnap, the all-in-one payment platform designed to increase sales and reduce costs for B2B and B2C companies. She has a wealth of experience and expertise in the retail and payments industries from prior positions at both payment provider Adyen and retail technology company Global Blue, where she worked directly with strategic partnerships and customers. 

In her current role, she is on a mission to equip merchants with the payment technology that can accelerate global commerce for B2B and B2C businesses via online and mobile sales, marketplaces, subscriptions and digital invoice payments. BlueSnap's platform includes access to over 30 global banks, 100 payment types, including popular e-wallets, built-in world class fraud prevention to protect sales and detailed analytics to help grow businesses.

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