IN BRIEF: Boku appoints Peter Klein as chief commercial officer
Boku Inc - London-based payments and financial technology company - Announces the appointment of Peter Klein as chief commercial officer, effective immediately. Klein, who has over 25 years' of experience building and scaling payments, joins from New York-based payment card services company MasterCard Inc, where he built and co-led the global account-to-account and cross-border payments business. Klein served as chair of Mastercard Payment Services in the Nordics. Further, he held senior leadership roles at JP Morgan and Bank of America Merrill Lynch. Boku says: "Peter will lead Boku's commercial organisation, including the go-to-market function, with a focus on scaling merchant growth, deepening strategic partnerships and expanding the local payment methods network".
Klein said: "Boku has earned the trust of many of the world's leading digital merchants by solving real complexity in local payments. I'm looking forward to working with the team to scale what's already in place and drive continued growth."
Current stock price: 97.17 pence each, down 1.9% on Wednesday afternoon in London
12-month change: down 53%
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