Paysafe builds out digital wallets team with new exec hires from Barclays and Amazon
UK paytech Paysafe has made two new hires to its burgeoning digital wallets team.
Rachel McShane joins as digital wallets CFO and Megan Oxman joins as senior vice president of new product development, a newly created role.
Paysafe’s digital wallets CEO Chirag Patel says McShane and Oxman’s track records “speak for themselves” and believes the pair will make a “huge contribution” to the company’s digital wallets business.
McShane joins from Barclays, where she spent the past decade working across a variety of financial products and industry sectors.
Most recently, she was head of finance for the corporate bank and commercial finance director for transaction banking.
Her background, including four years at Barclaycard and a stint in corporate tax advisory and transaction services at consultancy KPMG, “will deliver rich insight into the various market verticals Paysafe focuses on”, the paytech says.
McShane says she will “work closely with both Chirag, as well as our Group CFO, Izzy Dawood, to help the team execute its strategic plan, accelerate its growth and deliver value for its customers and shareholders”.
Oxman will join Paysafe on 1 March from Amazon’s payments team, where she spent eight years launching and operating multiple new consumer payments products.
At Paysafe, Oxman will lead new product development for the digital wallets business, including various initiatives such as the company’s embedded finance solution which it recently launched with crypto exchange Binance.