Tribe Payments, a digital payments and infrastructure orchestrator which specialises in issuer and acquirer processing, has appointed Andrew Hocking as its new CEO.
Previously chief strategy officer at the company, Hocking’s new role will see him look to accelerate Tribe’s expansion.
Tribe’s revenue snowballed by an impressive 73% from 2022 to 2023, with its growth continuing this year thanks to newly onboarded clients and their increased uptake of products. The company now boasts over 65 clients in its portfolio.
Hocking, who has more than a decade of senior strategic and operational leadership roles spanning financial services, financial technology and payment processing, will also spearhead efforts to secure further investment as the company matures into a fully-fledged scaleup.
Prior to joining Tribe Payments in 2023, Andrew built extensive experience throughout the payments ecosystem, including as CEO at online payment provider Pay.com, chief strategy and analytics officer at payment processor Network International and head of strategic planning at Elavon.
He began his career in financial services at West Bromwich Building Society before joining Barclaycard in 2002 as an analyst, and quickly gained a series of promotions in a range of strategic and operational roles. These included becoming head of strategy, planning and integration at Barclaycard’s Absa Card unit, leading strategy development, business planning and integration across the Absa Group, Barclays Group, and internally within Absa Card.
“As banks, FinTechs and merchants face a wide range of challenges in managing and simplifying complex payments, Tribe is one of the few issuer and acquirer processors to offer truly global connectivity through just one integration with our proprietary core processing platform,” said Hocking.
“We have made huge strides in delivering the cutting-edge payment services that banks, payment providers and merchants need to navigate an incredibly complex payment landscape.
“Our growth from day one has been a testament to the agility, robustness and high calibre of our people and the proprietary tech they’ve built. This has enabled an increasing number of payment players across the ecosystem to trust the unique modular platform that Tribe has created to support their growing business in an incredible range of use cases.
“The entire hard-working team has continued to impress me each day with their innovation, ingenuity, execution and focus on doing the right thing for our customers and partners. As CEO, I’m determined to build on this growth and cement Tribe’s position as a dynamic fintech force to be reckoned with.”
Hocking will be supported in his role by COO Lynda Clarke, MD Alex Reddish, CTO Vytautas Mickevicius, CISO Fadl Mantash and chief people officer Edita Kudarauskė.
Founded in 2018, Tribe offers global connectivity through just one integration. It is the first issuer and acquirer processor to handle transactions for Visa, Mastercard, UnionPay, American Express and Discover, further bolstered by JCB for acquiring.
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