USA Technologies Announces Fernando Lopez Lacroix as Vice President of Business Development

USA Technologies Announces Fernando Lopez Lacroix as Vice President of Business Development

Focus on Latin American and Caribbean as Company Expands International Footprint

USA Technologies, a cashless payments and software services company that provides end-to-end technology solutions for the self-service retail market, announced Fernando Lopez Lacroix has been appointed Vice President of Business Development effective September 21, 2020. Mr. Lopez Lacroix will identify new business opportunities and develop strategic plans to increase the company’s presence in Mexico and explore prospects in the rest of Latin America and the Caribbean. He will report to Chief Revenue Officer, Anant Agrawal.

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@USA_Tech names Fernando Lopez Lacroix, as its new Vice President of Business Development #payments #fintech #unattendedretail

Mr. Lopez Lacroix has more than 30 years of combined leadership and management experience in the payments industry, with the last 25 years spent at VeriFone Systems (“VeriFone”). While there, he served in various roles for the Latin American and Caribbean region (LACAR), including President, Chief Revenue Officer, and ultimately Vice President and General Manager. During his tenure at the company, he was the driving force behind multiple strategic transitions that enabled business opportunities in the Latin American and Caribbean markets. As an example, he helped grow LACAR revenues from less than $40M in 2002 to over $300M in 2012 while reporting directly to then VeriFone CEO and current USAT Chairman, Doug Bergeron.

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“Fernando brings to the Company invaluable experience, demonstrated success and a broad industry network, which will help us expand our reach in untapped international markets,” said Sean Feeney, CEO, USA Technologies. “His contribution to VeriFone Systems is renowned and we look forward to benefiting from his leadership, expertise, and vast knowledge of the payments industry landscape in Latin America and the Caribbean.”

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