The company announces many important appointments, important alliances, product expansions, and hiring across multiple industries as it continues to build momentum for its products well into 2024.

In his capacity as General Counsel, Maor Fishman supports the executive team. Fishman comes from the renowned fintech Checkout.com, where he served as Deputy General Counsel with an emphasis on data protection and financial services laws. Fishman's knowledge of financial services, legal frameworks, data security, and strategic leadership will be crucial in directing Payhawk's future growth.

This promotion comes after Pedro Batista was named VP of Payments & Operations and David Ward was named SVP of Customer Success earlier this year. With backgrounds in FinTech and SaaS at organizations like Plaid and MuleSoft, respectively, Ward and Batista each have over 20 years of experience. They also have a history of developing high-growth payment products prior to exit.

Payhawk's skills and recognition are already being advanced by this seasoned leadership team. The company was named #2 internationally for Payment Card Issuance, listed as a Leader in G2's Winter 2024 surveys for Expense Management and Invoice Management, and recently named one of the Top 50 Software providers in the UK, also by G2.

An increased emphasis on collaborations, innovations, and integrations is essential to its momentum. Since joining the Microsoft partner program and posting their Microsoft AppSource listing, Payhawk has added over 40 joint customers and has a native Microsoft Dynamics integration. In addition, it has entered the Oracle NetSuite and Quickbooks marketplaces and unveiled a new alliance with Wise to enable cross-border payments in more than 60 currencies for all of its clients.

Furthermore, Payhawk can directly issue Visa cards as a major member of Visa Europe, accelerating payment innovation for its clientele globally. "Growing our payment choices is one of our main focuses, especially with our new Visa membership and our recently obtained Electronic Money Institution (EMI) licenses covering the UK and EEA. For instance, we presently provide customers in select regions with the option to choose between debit and credit cards; however, we will soon provide this flexibility to all of our clients. Hristo Borisov, CEO of Payhawk, stated, "We expect to increase our headcount in the UK by 44% on the back of new licenses and a solid performance in 2023.

These advancements expand upon an advanced security and compliance framework that has been externally validated and is certified by SOC 1 and 2, PCI DSS Level 1, and ISO 27001, among other bodies. The Institute of Chartered Accountants in England and Wales (ICAEW) has accredited Payhawk, further validating its technology, following a thorough review of its systems and procedures.

With notable integrations, robust third-party validation, and a customer-focused approach, Payhawk is well-positioned to grow its platform and solidify its leadership position in global spend management as it moves into 2024.