Transact365, a UK-based global payments platform powering merchants in emerging markets, has appointed David Lambert as its new CEO.
A co-founder and former commercial director at the FinTech, Lambert will oversee its expanding merchant customer base and card schemes.
He will also work closely with the rest of the senior management team to expand the business into new markets and take advantage of new opportunities in the fast-evolving payments landscape.
Lambert co-founded Transact365 in 2017 in the UK alongside current CFO Sophie Flynn, CTO Jurijs Borovojs, COO Liam Fernandez and former CEO Dan Fernandez. As part of Lambert’s appointment, Dan Fernandez will focus on new business opportunities.
Transact365 is a global payments platform powering merchants across the world in leading industries. With offices in the UK and Singapore, Transact365 now works with over 800 merchants to access eCommerce opportunities in five continents through local payment processing solutions.
In 2022, the firm launched its payment services in India and Latin America, effectively complementing its presence in Asia, Europe and Australia.
“2022 has been a strong year for us so far, and we have more exciting announcements to come. We’re witnessing increasing demand from merchants for our services and we are continuously expanding as a result,” said Lambert.
“The payments industry is competitive. Since our inception five years ago, our team has worked hard to build a platform that is industry leading in supporting our merchants while delivering a seamless solution.
“I’m proud to take on the role of CEO and work alongside the management team to achieve our growth objectives for this year and beyond.”