Fintech News

Paysafe Appoints Afshin Yazdian as CEO of its U.S. Acquiring Division

Foley Trasimene Acquisition Corp. II and Paysafe, A Leading Global Payments Provider Focused on Digital Commerce and iGaming, Announce Merger

Paysafe, a leading specialized payments platform, announced the appointment of Afshin Yazdian as CEO of its newly formed U.S. Acquiring division. Joining on July 1st, Yazdian will be charged with bringing to life Paysafe’s vision of being the U.S.’s leading payments solutions provider.

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Mr. Yazdian has over two decades of leadership experience in payments. Most recently, he was President of Priority Payment Systems (PPS), a Georgia-based payments technology company serving over 174,000 merchants throughout America. Before that, he served as President and CEO of New York-based Cynergy Data before its merger with PPS. Earlier in his career, he worked for iPayment for over a decade as Executive Vice President and General Counsel and was instrumental in the formation of the company – itself acquired by Paysafe in 2018.

The appointment of Yazdian completes the executive leadership team for Paysafe’s recently restructured Payment Processing business unit, which now operates as two, distinct customer-focused divisions. Yazdian takes charge of the U.S. Acquiring division, leading Paysafe’s third party and direct channels; meanwhile, Paulette Rowe serves as CEO of its global Integrated and Ecommerce Solutions division. Both divisions report directly into Paysafe Group CEO Philip McHugh.

Rowe, who was recently named as one of PaymentsSource’s “most influential women in payments, joined Paysafe earlier this year and previously worked for Facebook as its Head of Payments and Financial Services Partnerships, and before that Barclaycard. Her appointment to Paysafe’s executive leadership team is designed to accelerate the company’s global integrated payment offerings and cement Paysafe as a leading provider of ecommerce solutions.

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