Kani, the global data reconciliation and reporting platform, has appointed Marc McCarthy as its new chief commercial officer.

It follows an exceptionally strong growth phase for the company, which doubled profits in 2022 and featured on our FinTech 50 ranking.

His appointment follows that of Dan Clappison as chief operating officer in late 2022.

McCarthy has held a variety of senior financial and commercial roles across multiple territories including Switzerland, the Netherlands, Singapore, and Australia for Deutsche Bank, Credit Suisse, Jeffrey’s International, ING Bank, Westpac Group and Standard Chartered Bank. Most recently, he was senior vice president of international ales for AutoRek.

McCarthy’s key responsibilities will include overseeing the expansion of Kani Payments into the US and Asian markets. He will also be tasked with identifying new key territories for the firm’s SaaS platform, which so far has processed over €15 billion in transaction volume for its clients.

He will join CEO Aaron Holmes, CMO Melissa Beckett, Clappison and CTO Steven Licciardi as the new senior leadership team, who together will focus on driving business and talent growth for Kani Payments throughout 2023 and beyond, and positioning it as ‘the FinTech for FinTechs’.

As CCO, McCarthy will leverage his experience of building internationally focused teams and incisive business plans, coordinating multiple workstreams, and developing and implementing Kani Payments’ ambitious go-to-market strategy.

FinTech 50 – UK’s most innovative financial technology creators for 2022

Kani Payments has enjoyed stellar growth since its launch in 2018, and his appointment will be vital as it continues to capitalise on its success, scale, up and expand globally from its home in Newcastle.

McCarthy said: “Having the right balance of technology and expertise is paramount for success, and I feel I have found that combination at Kani Payments. I have always believed there was a disconnect between technology innovation and explaining those benefits in tangible ways that customers can understand.

“There have always been lots of good technical experts and financial control people out there, but they don’t often speak each other’s language. Kani Payments has identified that problem and created a solution to fix it. It shows insightfulness and an understanding of synergies that other companies don’t get.

“There are lot of generic products, but Kani Payments’ software is a purpose-built solution born out of FinTech for FinTech, versus generic software that has been slightly changed to fit.

“This is a pivotal time for this exciting company as it capitalises on its growth.”

Kani champions talent in the North East of England through its apprenticeship programme with Baltic Apprenticeships, supporting career changes and the development of new skills for people of all ages, levels and experiences.