Payabl. Hires Kristaps Zips as UK CEO
Payabl, an online payment service provider, appointed Kristaps
Zips as UK CEO. Zips joins the company from Unlimint, where he previously
served as Head of Treasury. He also held other roles, including Executive
Director and Head of Banking Operations, at the London-based payments firm.
Experience From Major Brands
Welcoming the appointment, Zips disclosed the news on his
LinkedIn post: “In the past few weeks, I’ve traveled across Europe, meeting
our teams in Frankfurt, Amsterdam, and Limassol. I’ve been truly impressed by
the talent and passion across the company, particularly our commitment to
building innovative products and delivering exceptional customer service.”
“The merchant payment space is crowded, with solutions for
businesses of all sizes,” he explained. “Amid all the noise and new solutions always chasing
the latest trends, there’s a clear gap between meaningful products and genuine
relationships. This is where payabl. stands out.”
Zips is a seasoned executive with a strong background in the
financial sector. Besides Unlimint, he worked for NORVIK BANKA, Citadele Banka,
and Parek Bank. He held the roles of Head of Financial Institutions, Deputy Head of
Custody Administration Department, and Senior Manager Correspondent banking
department, respectively.
Payabl. Expansion
Early this year, payabl. secured an Electronic Money Institution (EMI) license from the Central Bank of Cyprus. The approval enabled
the company to expand its offerings in the European financial market.
Commenting about the achievement, Ugne Buraciene, the
Group CEO at Payabl., said: “We’re poised to continue on our growth
trajectory, with ambitious plans to obtain an EMI license in the Netherlands
and begin to explore other markets too. But our objectives extend beyond
licenses. Fundamentally, we are dedicated to creating a diverse and skilled
team, who are laser-focused on providing the highest calibre of services to our
customers.”
The EMI license allows payabl. to expand its payment
services across the EEA, serving a customer base of 500 clients in Europe and
in the UK.
This article was written by Jared Kirui at www.financemagnates.com.
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