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IndustryUpdate

Mambu acquires paytech provider Numeral roles at Shopware, Checkout.com and Klarna, focusing
on sales and partnership growth in Europe. CEO John
Mambu, a cloud-banking platform, acquired French M. Perry praised their expertise in navigating com-
payment technology provider Numeral to enhance plex ecosystems and international markets, positioning
its payment capabilities and drive market expansion. Bluefin for continued expansion and innovation.
Founded in 2021, Numeral processes over €10 billion
($10.5 billion) annually and offers banks and fintechs Arteria AI taps Jeremy Siegel
a modern payments hub with robust integrations and
instant payment support, Mambu noted, adding that Jeremy Siegel signed on with Arteria AI as strategic
this acquisition aligns with its long-term growth strat- account director to drive growth strategies and enhance
egy, providing advanced tools for seamless end-to-end client engagement. With over 20 years of experience
payment workflows. With partnerships with major in financial technology and banking, Siegel previously
European banks and a modular API, Numeral empow- served as CEO and senior advisor at Portfolio BI and
ers Mambu to modernize payments, improve customer managing director at Credit Suisse. At Arteria, he will
experiences, and capitalize on the €191 trillion ($201 leverage his expertise to help clients streamline docu-
trillion) Eurozone bank payments market, the company mentation processes and maximize data opportunities
added. using AI. Siegel expressed excitement about joining
Arteria’s innovative team, recognizing its potential to
transform financial documentation.
APPOINTMENTS MAPP welcomes Aleksandra Teichman

Aurora Payments selects Derek Dean Aleksandra Teichman joined MAPP Advisors as senior
vice president of embedded finance and banking. With
Aurora Payments tapped Derek Dean for the position of 20 years of experience in payments, fintech and banking,
chief revenue officer and head of commercial. With over Aleksandra has held senior roles at Cross River Bank,
25 years of experience in the technology and software American Express and Pathward, driving transformative
sectors, Dean has a proven track record of driving reve- growth and strategic partnerships. Recognized among
nue growth and leading high-performing teams, Aurora American Banker's Most Influential Women in Payments
stated. Previously, he scaled commercial operations at and ETA TRANSACT's Forty Under 40, she brings
Syndigo as president and CRO and grew revenue by 60 expertise in embedded finance, regulatory environments
percent at Evercommerce while integrating nine acquisi- and network partnerships to her new role. Teichman is
tions. Dean’s early career at RELX saw him rise to vice expected to expand MAPP Advisors’ sponsor banking
president of sales, overseeing a team of 150. He will lead and fintech practice, delivering innovative strategies to
Aurora’s sales and marketing efforts to drive growth in empower clients and drive sustainable growth.
SMB-focused payment solutions.
Andy Wild joins SingleStore
Rod Katzfey signs on PayCompass
SingleStore, a real-time database platform, appointed
Rod Katzfey was named chief strategy officer at Andy Wild as chief revenue officer following a year of
PayCompass, bringing over 32 years of payments indus- record growth. With 35 years of experience, Wild has
try expertise to the company. Starting as a commis- led go-to-market strategies for companies like Planet
sion-based sales rep in 1996, he is now known for Labs, Mirantis and IBM. At SingleStore, he will drive
his leadership and integrity, having held key roles at global sales and expansion, building on the company’s
Global Primex, Nuvei, Credorax, Comdata and Elavon. achievements, including surpassing $100 million in
Reporting to CEO Justin Volrath, Katzfey will lead annual recurring revenue in 2023. CEO Raj Verma
PayCompass’ strategic initiatives, focusing on innova- praised Wild’s expertise at a pivotal time for the com-
tion, operational efficiency and partner success. Katzfey pany, while Wild expressed excitement about extending
also serves as president of the Midwest Acquirer's SingleStore’s innovative database solutions to a broader
Association, where he fosters education and inspiration user base.
within the ISO and MSP communities.
Bluefin expands senior leadership team Also find us on Facebook,

Bluefin appointed Andrew Monroe as chief revenue LinkedIn & Twitter for the
officer and Cheng Chieh Chen as senior vice presi- most up-to-date stories,
dent, Europe, to drive global growth and partnerships.
Monroe, with 17 years in fintech and 20+ years in ecom- can’t miss events and newest
merce, previously served as vice president sales and industry announcements.
managing director at Worldline, where he led revenue
acceleration. Chen brings extensive experience from

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