Thursday, June 20, 2024

YCombinator-Backed Verto Appoints new Chief Operating Officer to Support Geographic Expansion

 Global financial technology firm Verto has announced its expansion with the appointment of new Chief Operating Officer (COO), Tim Rudman. The pioneering company brings cross-border payment solutions to the world’s fastest-growing organisations and is on a mission to help businesses of all sizes access innovative banking solutions. Tim’s appointment will support Verto’s ambitious growth plans. Tim is an experienced COO with a successful history in various high-growth companies including 11 years at WorldFirst and two years at Global Reach Group. Since his appointment in November, Tim has taken on the responsibility of supporting Verto to reach its strategic goals for geographic expansion and growth.

Discussing his appointment, Tim stated: “Verto is an ambitious business showcasing rapid growth and momentum. I am very happy to join Ola, Anthony and the team, where together we can continue to challenge the status quo within the SME payments landscape – especially within the emerging markets space. Together we will push the business forward to new heights, in an industry which is continuously evolving.”

Ola Oyetayo, Co-Founder and CEO at Verto, said: “We have very ambitious plans at Verto to tackle the significant challenges businesses face when making cross-border payments, and a key part of our strategy is hiring world-class talent to help us achieve our goals. Tim is an incredibly experienced operator who has had first-hand experience with rapidly scaling payments businesses. Anthony and I are excited to have him join us at Verto.”

Tim was identified and placed by leading tech-recruitment partner Findrs, and his appointment comes as part of a company-wide strategic growth trajectory. Chris Booth, Founder of high-performing tech recruitment firm, Findrs, commented on working with Verto to identify Tim as the perfect COO. He said: “As a YCombinator-backed company, we knew when starting a relationship with Verto in August 2021 that it was vital the COO we appointed had the appropriate past experience and the right attitude to help continue their upward trajectory as they rapidly scale up. When we identified Tim, we knew he would be the perfect fit. Tim’s appointment is the first step on our holistic growth strategy with Verto and we’re excited to continue to aid the company’s further expansion over the coming year.”

Tim Rudman began as COO at Verto on 8th November 2021 and is on track to help the global fin-tech firm reach its goal to achieve 10x the business across 2022.


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