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IndustryUpdate
improving efficiency while reducing costs, the partners for its Payouts OS product. Grisham will focus on
stated. REPAY added that this collaboration aligns with expanding the reach of Payouts OS in untapped indus-
the growing preference for digital payments. tries and global markets, overseeing the strategic growth
of the sales organization. With over 15 years of fintech
ACQUISITION sales and business development experience, Grisham
joins from NIUM and has previously held leadership
roles at Rapyd, OFX and NihaoPay.
Milestone Partners acquires CDE Services
Payouts OS offers flexible payout solutions for business-
Private equity firm Milestone Partners acquired CDE es, supporting global payouts to more than 200 countries
Services LLC, a payment solutions provider specializing and territories in over 40 currencies, PayQuicker added.
in electronic benefits distribution and credit/debit pro-
cessing for convenience stores, grocery stores and phar- iCheckGateway.com welcomes Luis Guzman
macies. CDE's integrated solution includes services like
age verification and digital couponing, serving 24,000 Payments and fintech company iCheckGateway appoint-
merchants. The acquisition aims to tap into the growing ed Luis Guzman as vice president of financial institution
digital economy by expanding CDE's footprint into new strategic partnerships. Guzman, with a background
sectors. Milestone focuses on technology-enabled ser- in the payments and financial industry, brings exten-
vices and financial solutions and will work with CDE's sive experience to the role. Previously he served as
management team to execute strategic initiatives. senior director at Nacha, director at Fidelity National
Information Services, director at Metavante Corp., and
APPOINTMENTS assistant vice president at iPay Technologies.
Guzman's expertise in decision-making, sales strategy
Gabriel Grisham joins PayQuicker and communication skills will support iCG Pay's growth
Financial technology provider PayQuicker appointed and innovation, particularly in cultivating strategic part-
Gabriel Grisham as senior vice president, global sales, nerships and expanding the company's reach.
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