Railsbank promotes vice president and head of sales to COO job

Banking-as-a-service fintech Railsbank has appointed Louisa Murray, the firm’s current vice president and head of sales, as its chief operating officer for the UK and Europe.

Prior to stepping into her new role, Murray was head of sales at Railsbank for over a year and before that was head of business development for over two. 

Murray will step into the role right away and joins new global COO hires, Dov Marmor for North America and Justin Xiao for Southeast Asia, as Railsbank continues on its international expansion plans.

Speaking of her appointment, Murray said: “I am honoured to take on this new role to help Railsbank execute its ambitious vision to democratise and embed financial services, and drive forward the open API economy.”

As well as holding a number of positions at Railsbank, Murray has over 30 years experience in the financial industry and kicked off her career as one of the first female derivative traders and Barclays and CIBC.

Nigel Verdon, co-founder and CEO of Railsbank, said: “Louisa has been a trusted and instrumental part of our team from pretty much the outset.”

“She is a pioneer in our industry and will help take Railsbank to new heights. Not surprising for a former GB junior show jumping team member.”

Writing exclusively for AltFi on her first day Murray explores how to get more women into high-powered fintech roles and how the fintech industry needs to make "meaningful and sustainable change" to do so.

The role is a first for Railsbank and will help the fintech further cement itself as a key player sector following its acquisition of troubled German fintech Wirecard Card Solutions’ card technology, UK and European clients and several employees. 

Railsbank also recently closed a $37m fundraising round to continue its plans for global expansion including the launch of ‘Credit Cards as a Service’ in the USA and continued expansion in South East Asia, the UK and Europe.