Payabl. has appointed Lee Dunne, the former head of embedded finance at Lloyds Banking Group, as its banking lead.
At Lloyds, Dunne was responsible for the development and implementation of embedded financial products for enterprise clients. His previous experience includes senior positions at Divido, Barclays, and Worldpay.
Founded in 2011 and with offices in Germany, the Netherlands, Cyprus, and the UK, Payabl. offers a wide array of payment solutions, including card acquiring, business accounts, integration with over 300 local payment methods, and POS terminals.
Dunne’s appointment comes shortly after the launch of Payabl. Business Accounts, a multi-currency IBAN account aimed at helping businesses manage international transactions more effectively. He will concentrate on enhancing Payabl.’s partnership network to better support businesses operating in global markets.
Dunne stated, “Payabl. is at the forefront of transforming how businesses manage their financial operations. With the recent expansion of Business Accounts, we provide companies with the flexibility and tools they need to transact globally with ease. I look forward to collaborating with the team to build on this success and further develop our financial solutions, with announcements on the near horizon.”