Payhawk is to go on a hiring spree after reporting an 89% rise in SaaS revenues in 2023.

The global spend management platform, which also saw net revenue retention from new customers of 151%, has already announced several key appointments.

Bolstering its executive team is Maor Fishman as general counsel. He joins from leading FinTech, where he was deputy general counsel focusing on financial services regulations and data protection.

David Ward joins as SVP of customer success and Pedro Batista as VP of payments & operations, respectively bringing over 20 years of experience in FinTech and SaaS at companies like Plaid and MuleSoft.

Central to Payhawk’s momentum is an intensified focus on integrations, innovations and partnerships. It now features a native Microsoft Dynamics integration, with over 40 joint customers since becoming part of the Microsoft partner program and launching their Microsoft AppSource listing. 

Dementia-friendly debit card gets Dragons’ Den backing

It has also joined the Oracle NetSuite and Quickbooks marketplaces, and introduced a new partnership with Wise to power global international payments to all of its customers in more than 60 currencies.

Additionally, as a principal Visa Europe member, Payhawk can directly issue Visa cards to accelerate payment innovation for its clients worldwide. 

“With our new Visa membership and our recently granted Electronic Money Institution licences covering the UK and EEA, one of our top priorities is further expanding our payment options,” said CEO Hristo Borisov.

“For example, we currently offer customers the choice between debit and credit cards in some markets, but we will shortly offer this flexibility to all our clients. 

“Also on the back of the strong performance in 2023 and new licences, we are planning to increase our headcount in the UK by 44%.”

ClearBank UK appoints Emma Hagan as CEO