PayU appoints Attila Kulcsar as the new Global Payments Chief Financial Officer
By Joy Dumasia
PayU, the online payment service provider operating in 50 emerging markets, has announced the appointment of Attila Kulcsar as the new Global Payments Chief Financial Officer. With over 20 years of experience as a senior finance and business executive, Attila has worked across payments, healthcare and retail businesses, including most recently as Regional Finance Director for EMEA and Americas at Euronet Worldwide. Prior to this, he served as CFO of African Clusterat AstraZeneca.
With this experience, Attila will help accelerate the growth of PayU’s Global Payments team. In 2021, PayU witnessed Year-on-Year growth of 34%, achieving $33 billion worth of value processed. Attila will focus on cementing PayU’s position as a leading payments provider creating a world without financial borders where everyone can prosper. In his leadership role, Attila will support PayU as it continues to create a great place to work for its global teams.
Attila’s appointment marks an important milestone in PayU’s growth strategy as it plans further industry heavyweight hires in line with new product launches and investments across emerging markets, including in Latin America, Sub-Saharan Africa and Eastern Europe.
Attila Kulcsar, incoming CFO at PayU, comments: “Becoming a PayUneer is a proud moment for me, and I’m excited to work towards the vision of creating a world without financial borders where everyone can prosper. The payments landscape continues to transform, and the shift towards accelerated digital payment adoption creates huge growth opportunities, particularly in emerging markets. PayU continually challenges the market by developing innovative global and local solutions and using advanced technology to create best-in-class experience in digital payments. The core pillars of innovation, collaboration and entrepreneurship are close to my heart, and I look forward to working with Mario and the team to drive ever more growth with profit.”
Mario Shiliashki, Global Payments CEO at PayU, adds: “Welcoming Attila to our senior leadership team is an exciting moment for PayU. His energetic leadership style and strong business focus has earned him a strong reputation as a collaborative, agile and pragmatic CFO – that’s exactly what we need as we continue to scale PayU as a leading force in the evolution of payments globally. Furthermore, Attila’s commitment to promoting a positive and diverse working culture is a pivotal aspect to our continued success at PayU in creating a workplace where everyone can bring their best every day.”
Recently, IBS Intelligence reported that PayU, the online payment service provider operating in 50 emerging markets, announced that it is strengthening its foothold in Africa with expansion into Ghana and several strategic product updates: Payflex in South Africa and both Scan to Pay and Pay by USSD in Nigeria.
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