OpenPayd
hired Yasemin Swanson as Chief Operations Officer (CFO), bringing in an
executive who spent more than three years building operational systems at
ClearBank to help the payments firm handle growing transaction volumes.
OpenPayd Names ClearBank
Veteran as Operations Chief
Swanson
joined from the embedded banking giant, where she held several roles including Chief
Business Officer from May 2024 through July this year. She’ll oversee
operational infrastructure as OpenPayd processes what the company says is more
than €130 billion ($142 billion) in annual payment volumes for over 800
business clients.
The
appointment comes as OpenPayd expands beyond traditional payment rails into
stablecoin infrastructure. The firm announced partnerships with Ripple and
Circle earlier this year to connect fiat currency systems with digital asset
networks.
“OpenPayd
is breaking down barriers in global payments, and I’m thrilled to help build
the operational backbone for a truly borderless financial future,” Swanson
said in a statement.
Background Provides
Compliance Focus
At
ClearBank, Swanson developed what the company called its target operating model
and implemented systems to meet UK fraud reimbursement requirements that took
effect in October 2024. Her tenure there included overseeing operations during
a period when the clearing bank prepared for what executives described as a
tenfold increase in transaction volumes.
Before
ClearBank, Swanson spent two years at Barclaycard as digital and operations
director, managing teams handling card issuing, acquiring, and customer
onboarding processes. She cut acquiring onboarding time by 40% within four
months, according to her professional background.
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Operations Role Centers on
Global Expansion
Swanson’s
responsibilities at OpenPayd will include scaling operational systems to
support what CEO Iana Dimitrova described as “ongoing growth and
innovation goals.” The company has expanded from processing €50 billion
annually in mid-2024 to more than €130 billion currently, according to company
announcements.
OpenPayd
provides accounts, foreign exchange, domestic and international payments, and
recently added stablecoin on-ramps and off-ramps. Clients include crypto
exchange eToro and digital asset firms OKX and B2C2.
Read also about other executive moves:
This article was written by Damian Chmiel at www.financemagnates.com.
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