Payfare expands leadership team with new CTO and CPO
Canadian fintech Payfare has announced two new additions to its executive team.
Kamran Haidari will be joining as chief technology officer (CTO) and Braulio Lam will lead product innovation and development as chief product officer (CPO).
Payfare provides digital banking and instant payment solutions to gig workers
Haidari brings over 19 years of payments technology experience in his roles with two major banks, TD Bank Group (TD) and the Canadian Imperial Bank of Commerce (CIBC), while Lam boasts 15 years of experience in managing and operating global payments and technology programs.
Lam is currently a board advisor for TipTap, a specialised card present acquiring solution for micro payments, and he previously co-founded Pungle Payments, a leading Visa Direct integrated partner.
The firm says the new hires will support planned product and technology developments that will accelerate user acquisition and growth across the earned wage access industry.
Payfare is a global financial technology company powering digital banking and instant payment solutions for the gig workforce. The fintech partners with leading platforms and marketplaces, such as Uber, Lyft and DoorDash, to provide financial security and inclusion for their employees.
“The expansion of our executive team is a testament to Payfare’s significance in powering payments for on-demand workers driving the global economy,” says Marco Margiotta, Payfare CEO and founding partner.
“Braulio and Kamran’s roots in technology and deep experience in transformational payments initiatives will be very valuable to Payfare as we expand instant access to earnings and financial inclusion for workers in North America and around the world.”
As part of the company’s expansion, Brian Miller will transition from his dual CTO/COO role and maintain the position of chief operating officer.
Related: Danish fintech Blocser launches Butterfly card for UK’s gig workers
