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IndustryUpdate

Europe, and is expected to provide digital payments, pliance, embedded finance and fraud prevention. He
deeper engagement and improved business insights. previously served as COO and CTO of USend, which
KioSoft will operate under the PayRange brand, with its was acquired by Inter & Co. He also founded multiple
president, Charles Lee, joining PayRange as vice chair- ventures including WireCash and ATMCash. A serial
man while continuing to support existing customers and entrepreneur and technologist, Grushkowsky has led
partners. platform development, global expansion and M&A, and
will now guide MassPay during its next phase of growth
Socure to form real-time BNPL in instant global payouts.
credit system with Qlarifi
Visa Foundation Board taps Najada Kumbuli
Socure acquired Qlarifi, a real-time buy now, pay later
(BNPL) consumer credit database, to create a unified Najada Kumbuli signed on as president of Visa
identity, fraud and BNPL credit infrastructure. The com- Foundation, where she will also serve as Visa Inc.'s head
bination integrates Qlarifi's cross-provider BNPL repay- of global philanthropy. She brings more than 15 years
ment visibility with Socure's identity verification and of experience in impact investing, investment strategy
risk decisioning to help lenders approve qualified con- and global philanthropic leadership to the foundation.
sumers faster while reducing first-party fraud and sup- Kumbuli previously served as investment director at
porting regulatory transparency. BNPL has historically Calvert Impact Capital and, since 2020, has led Visa
operated outside traditional credit systems, creating risk Foundation's investment strategy, helping guide more
blind spots for lenders and consumers. The combined than $350 million in commitments across 150 global part-
platform promises to provide real-time insight into loan ners. In her new role, she will oversee impact investing
stacking and overextension, supports responsible credit and grant-making initiatives supporting entrepreneurs,
building for thin-file consumers, and strengthens fraud small businesses and job creation worldwide. Kumbuli
prevention across merchants and lenders as BNPL adop- succeeds Graham Macmillan and will continue advanc-
tion accelerates globally. ing economic mobility through strategic capital deploy-
ment.
APPOINTMENTS Fiserv welcomes Walter Pritchard

Ran Grushkowsky to lead MassPay Walter Pritchard was appointed senior vice president
and head of investor relations at Fiserv. He brings to
MassPay co-founder Ran Grushkowsky will assume the the company more than 25 years of experience spanning
role of CEO effective Jan. 1, 2026, succeeding co-founder investor relations, corporate strategy, finance and equity
Jeffrey Katz, who will remain on the board. Grushkowsky research. Most recently, Pritchard served as senior vice
brings to the role more than 20 years of experience build- president of investor relations and corporate develop-
ing and scaling global financial platforms, with deep ment at Palo Alto Networks, where he aligned investor
expertise in cross-border payments, AML/KYC com- communications with corporate strategy and supported
growth initiatives. Earlier in his career, he was a manag-
ing director at Citi and Cowen & Co., covering global
Call me today! software and technology sectors. A chartered finan-
Let me help you cial analyst, Pritchard began his career at SoundView
with your Technology Group.
advertising Matthew Thompson moves up at Socure

success. Matthew Thompson was named president and chief
commercial officer at Socure, partnering with founder
707-284-1693 and CEO Johnny Ayers to lead global expansion and
commercial growth. A digital identity pioneer and deco-
rated combat veteran, Thompson most recently served
as Socure's chief revenue officer, driving strong revenue
growth, profitability and international expansion. He
previously launched and scaled Socure's public sec-
tor business and played a key role in transforming the
company into a full end-to-end identity and risk-deci-
sioning platform. Thompson brings nearly two decades
R R ick Aston of experience across fintech, government and enterprise
identity sectors; holds multiple patents; and previously
Senior Media Partnership Specialist held leadership roles at ID.me, IDEMIA, Capital One,
McKinsey and Goldman Sachs.
Rick@greensheet.com
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