Stax Payments bolsters team with new CEO

US FinTech Stax Payments has appointed veteran payments executive Paulette Rowe as its new CEO. 

Rowe takes over the role from John Kristel, who was named interim CEO back in January, and has been tasked with leading growth and operations for Stax’s software and payments portfolio.  

She has held senior roles at Barclays, Meta, Royal Bank of Scotland/NatWest and GE Capital in a career spanning over two decades in the WealthTech industry. 

Ross Croley, founder and CEO of GSV and chairman of the board of Stax, said: “An accomplished executive with a breadth of experience, Paulette understands the complexities of the industry and inspires teams to greater success.” 

The Florida-based PayTech has offered an all-in-one payments API to businesses of all sizes, including Software-as-a-Service (SaaS) platforms, allowing them to manage their payment ecosystem, analyse data and simplify customer experience, since its inception in 2014. 

The company raised $245m in a Series D funding round last March, bringing its total valuation to the highly-vaunted $1B mark, as it secured Unicorn status.

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