Paynetics Appoints New Head of UK Operations

  • People Moves
  • 15.05.2024 09:50 am

Paynetics, one of Europe’s leading providers of embedded finance, has appointed Amit Sharma as Head of UK Operations. 

Amit brings a decade of payment experience to Paynetics, implementing innovative technology for over 750 e-money clients across the UK and Europe, including EML Payments, Prepaid Financial Services and Prepay Solutions. Amit managed the launch of the Northern Ireland High Street Spend Local scheme during COVID-19 – delivering approximately 1.4 million cards over eight weeks to recipients in the region, resulting in a total spend and influx of £136.6m into the economy.

As Head of UK Operations, Amit will work alongside senior management to improve business efficiency, enhance customer satisfaction and execute solutions through innovation, communication, and collaboration. He will work to bring operational excellence and help align technology, management processes, organisational values and behaviours and enhance the cooperation with Paynetics AD.

Hana Rolles, CEO of Paynetics UK, says: “We are thrilled to have Amit join Paynetics UK as we continue to grow our comprehensive suite of embedded finance products across the acquirer, issuer, wallet and transfer ecosystem. Amit’s payment expertise is instrumental for us to deliver best-in-class solutions to our clients as we scale our operations nationwide."

"I look forward to supporting the talented Paynetics team as we drive innovation and consolidate Paynetics UK as a frontrunner in the financial technology sector. Paynetics are at the heart of the embedded finance revolution that is transforming the financial services ecosystem. I’m thrilled to join the senior leadership team and work alongside industry leaders and visionaries.” says Amit. 

Paynetics is a regulated e-money institution on a mission to simplify and democratise payments across the EU and the UK. It pioneers innovative and comprehensive payment solutions in embedded finance, card acquiring and issuing, account management, bank transfers and e-wallets.

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