Token.io Appoints Gil Danziger as CTO to Scale Pay by Bank Infrastructure

Quick Summary

Token.io has appointed Gil Danziger as Chief Technology Officer and Managing Director of Token GmbH to scale its Pay by Bank infrastructure. Danziger, formerly Co-Founder of Mondu, brings 25 years of expertise to lead engineering and drive account-to-account payment innovation across the UK and Europe.

How will Gil Danziger evolve Token.io’s technology?

Gil Danziger will lead the engineering organization to enhance the Pay by Bank infrastructure that currently powers some of the world's largest financial institutions. His primary focus involves driving innovation at scale and ensuring the platform maintains its industry-leading performance as adoption of A2A payments accelerates. Danziger’s background in building modular payment platforms from the ground up will be critical for Token.io’s next phase of growth.

• 25 years of experience in software engineering and tech leadership.
• Direct expertise in e-money regulatory frameworks and compliance.
• Proven track record in high-throughput real-time platforms.

What specific expertise does the new CTO bring from Mondu?

As the former Co-Founder and CTO of Mondu, Danziger successfully built product and data functions from scratch, serving merchants across the EEA, UK, and US. This experience is vital for Token.io as it navigates complex cross-border payment regulations and technical requirements. He has previously managed ISO 27001 and PCI DSS certifications, ensuring that Token.io’s Pay by Bank infrastructure remains secure and compliant at an enterprise level.

Todd Clyde, CEO of Token.io, commented: "Gil has a rare combination of deep technical expertise and proven commercial acumen in payments. His experience building scalable payment infrastructure from the ground up, operating under regulatory frameworks, and delivering at pace makes him the ideal leader to take our platform to the next level. As Pay by Bank enters its next phase of growth, Gil's leadership will be instrumental in ensuring Token.io’s technology continues to lead the market."

Why is this appointment critical for the European payments market?

The shift toward account-to-account (A2A) payments represents a fundamental change in European financial infrastructure. By securing a leader with experience in scaling engineering organizations across multiple countries, Token.io positions itself to better serve its partners, which include three of Europe's five largest financial institutions. The appointment ensures that the technical backbone of their Pay by Bank infrastructure can handle the increasing volume of real-time transactions.

Gil Danziger commented: "Token.io is at the forefront of a fundamental shift in how Europe pays. The opportunity to lead the engineering organisation behind the leading Pay by Bank infrastructure in the market is incredibly exciting. I look forward to working with the team to deliver innovation at scale, further strengthen our platform's performance, and deliver the infrastructure our partners need to grow their businesses with Pay by Bank."

FF NEWS TAKE:

This is a significant hire that signals Token.io is moving from a growth-stage fintech to a mature infrastructure powerhouse. By poaching a co-founder from a major player like Mondu, Token.io is doubling down on technical reliability and regulatory rigor. As Pay by Bank infrastructure becomes the expected standard for European merchants, having a CTO who has built high-throughput systems is what will truly move the needle for their Tier-1 bank partners.