Paysafe expands its digital wallets team with two leadership appointments
Paysafe has announced two leadership appointments to its digital wallets team as it continues to transform the business under new Digital Wallets CEO Chirag Patel.
Rachel McShane is named chief financial officer of the division and Megan Oxman assumes the newly created role of senior vice president of new product development.
With 15 years of experience in the professional and financial services industry, McShane is a commercially-focused finance leader who brings a wealth of expertise to the role. She comes from Barclays, where she spent the last 10 years of her career, most recently as Head of Finance for Corporate Banking and Director of Commercial Finance for Transaction Banking.
His experience working across a variety of financial products and industry sectors – including four years at Barclaycard, and prior to Barclays, in corporate tax advisory and transaction services at KPMG – will provide rich insight into the various vertical markets in which Paysafe focuses. McShane’s position takes effect immediately.
Meanwhile, Oxman, which joins Paysafe on March 1, brings a strong international track record of driving growth and innovation for some of the world’s leading consumer brands. She has spent the past eight years on the payments team at Amazon, where she was responsible for launching and operating several new payment products for consumers.
Prior to Amazon, she worked at the Bill & Melinda Gates Foundation where she worked with organizations to improve the accessibility and use of financial services around the world. At Paysafe, she will lead the development of new products for the digital wallet business, including various transformation initiatives such as the integrated enterprise finance solution she recently launched with crypto exchange, Binance.
Chirag Patel, CEO of Paysafe Digital Wallets, said: “I am delighted to welcome Rachel and Megan to our Digital Wallets team. Their track records speak for themselves and I believe they both have the talent, experience and business acumen to make a huge contribution to our digital wallet business as we redouble our efforts to improve our offers to customers and be the true pioneer of payments in digital wallets. and an integrated financial space.
Rachel McShane added: “I am delighted to step into the role of Chief Financial Officer of Digital Wallets and to work closely with Chirag, as well as our Group Chief Financial Officer, Izzy Dawood, to help the team execute its strategic plan, accelerate its growth and create value for its customers and shareholders.
Megan Oxman added: “Paysafe’s digital wallet customers are digitally savvy, financially sophisticated and demanding and I’m really excited to join a team that is focused on innovation to meet their needs. I look forward to working with Chirag and his team to deliver new products and services that our customers love!