Paymentology poaches Marqeta’s Jeff Parker as new CEO
Parker also led World First through its acquisition by Ant Group in 2019
Jeff Parker has appointed the new CEO of Paymentology, effective immediately.
Parker has been Marqeta's SVP and Managing Director since October 2022.
Paymentology offers banks, fintechs and telcos both the issuing and processing of physical or virtual cards; including debit, prepaid, credit and BNPL.
It has been operating with interim co-CEOs Abe Smith and Angy Watson since May 2023.
"We embarked on a thorough search for our new CEO, seeking an individual who not only embodies the core values of Paymentology's culture but also possesses a proven record of success,” Rowan Brewer, chairman at Paymentology said.
“Jeff emerged as the perfect fit, with his wealth of international payments experience from prominent global organisations. We are confident that Jeff will not only uphold our values but also spearhead our mission of positively impacting lives globally."
Prior to his role at Marqeta, where he led the company’s go-to-market internationally including its advancement into Europe, he was CEO at payments company World First, which was acquired by Ant Group in 2019.
He also has held senior positions at Macquarie Bank, JP Morgan, Accenture & OFX.
At OFX, a Sydney-based international payments company, he held the role of Chief Enterprise Officer, where he led their global B2B team.
"I am delighted to take on the role of CEO at Paymentology, an organisation that has already created a strong global value proposition in the payments space,” Parker said.
“Their rapid growth speaks volumes, and my focus will be on building Paymentology’s position as the global neo-processor of choice for fintechs, telcos, corporates and challenger banks,” he added.