Paysend appoints Jairo Riveros as Managing Director of the United States and Latin America

By Joy Dumasia

Paysend, the card-to-card pioneer and international payments platform, announces the appointment of Jairo Riveros as Managing Director of the United States and Latin America, effective 01 January 2022. Mr Riveros will be responsible for defining and implementing the regional business strategy across the U.S. and LatAm, building a world-class FinTech team, and securing additional regulatory approvals, licenses and partnership deals across the Americas.

Mr Riveros is currently Head of the Office of Strategy Management at Paysend. A highly experienced payments industry professional, Mr Riveros was the Head of Market Models and Business Strategies for MasterCard Worldwide and its advisory unit, MasterCard Advisors. He has also served financial services, clients through a C-suite consulting firm, Artemis Worldwide and as a Director in Monitor, Deloitte’s Financial Services Strategy practice. Previously Mr Riveros was the Head of Strategy for AIMCo, and he led the Strategic Planning team for TIAA.

Ronnie Millar, CEO at Paysend, said: “We’re hugely excited to have Jairo move into this role leading our Americas and Latin America business. The Americas is a highly important and strategic region for Paysend, and Jairo’s proven track record in building networks and relationships in North and South America will be invaluable as we look to grow our footprint in these crucial markets. He is a highly respected and well-liked member of our executive team and he’ll thrive in this new role. I’d also like to thank Matt Montes, our General Manager of U.S. Business at Paysend, for his dedication and commitment, and particularly his role in helping to launch Paysend in the U.S.”

Jairo Riveros, Managing Director of U.S. and LatAm at Paysend, said: “I’m thrilled to be starting this new role in a major growth region for Paysend. The U.S. is home to the largest global transfer market in the world, and the opportunities in Latin America are undeniable. Paysend is a company with a strong track record of success as well as a state-of-the-art payments technology platform, and I look forward to helping the company grow its network and customer base in the coming months.”

Recently, IBS Intelligence reported that Paysend, the card-to-card pioneer and international payments platform, announced a technology partnership with Tencent Financial Technology, the FinTech arm of world-leading internet and technology company Tencent, enabling people to receive money through Weixin, the PRC version of WeChat targeting users in mainland China.