ATLANTA—PPRO Group, cross-border payment specialist and one of Europe’s fastest-growing FinTech companies, is proud to announce the appointment of Stefan Merz as the new Chief Operating Officer (COO). Merz’s appointment to this newly created role adds another highly experienced expert to the company’s Executive Team. Since last week, Stefan Merz is now responsible for PPRO’s strategic operational and organizational expansion. He will also direct the implementation of the corporate strategy and ensure greater transparency and insight in all sectors of the company, thus creating additional favorable conditions for the company’s further growth. In doing so, he will work closely with PPRO Group’s CEO Simon Black and the company’s international offices.
“I’m looking forward to this new challenge,” Merz comments. “PPRO Group is an exciting, innovative company with a great deal of potential for development. I plan to work side by side with the Executive Team to drive the expansion of the company and to take even greater advantage of strategic growth opportunities which arise for PPRO Group.”
During his many years of experience working for Siemens and HP Enterprises in the USA, Stefan Merz gained wide-ranging experience in implementing business transformations, both in the USA and internationally. Until recently, he served as Chief Strategy Officer for Diebold Nixdorf, where he managed significant acquisitions and divestitures. He also re-engineered the company’s Chinese business processes and developed a start-up approach to establishing new business sectors. His experience in the Asian region is another tremendous asset for PPRO Group, as the company has recently opened an office in Singapore and plan to further strengthen their presence in the Asian market.
“I’m delighted to have Stefan Merz join PPRO’s fast growing team to play a lead role in our ambitious expansion plans,” says PPRO Group’s CEO Simon Black. “His global experience will be instrumental in scaling our business to meet the long term needs of our customers.
About PPRO Group
Cross-border e-payment specialist, PPRO Group, (PPRO) removes the complexity of international e-commerce payments by acquiring, collecting and processing an extensive range of alternative payments methods for Payment Service Providers (PSPs) under one contract, through one platform and one single integration. PPRO supports international payment methods across 175 countries, allowing PSPs to expand their merchants’ e-commerce reach, arrange hassle-free collection and achieve higher conversion rates.
PPRO also issues Visa and Mastercard consumer prepaid cards, under its own brand name VIABUY, and enables B2B prepaid cards, under its CROSSCARD and FLEETMONEY brands, which can be issued both physically and as virtual cards or NFC devices (as stickers).
Founded in 2006 and headquartered in London, PPRO is an e-money institution regulated by the UK’s Financial Conduct Authority and headquartered in London. For more information, please visit www.ppro.com or follow us on Twitter @ppro_group.
For PPRO Group
Nikkia Adolphe, 678-367-0043