Transact365 appoints new CEO

Transact365, a UK-based global payments platform, has appointed David Lambert as its new CEO.

Founded in 2017, Transact365 is headquartered in the UK, with offices in Singapore to support its ongoing, international expansion into emerging and established markets.

A Co-founder and former Commercial Director at Transact365, Lambert will oversee the fintech’s expanding merchant customer base and card schemes. He will also work closely with the rest of the senior management team to expand the business into new markets and take advantage of new opportunities in the fast-evolving payments landscape.

Lambert’s appointment comes following an exciting period of market expansion. In 2022, Transact365 launched its payment services in India and Latin America, effectively complementing its presence in Asia, Europe and Australia.

Lambert co-founded Transact365 in 2017 in the UK alongside current CFO Sophie Flynn, CTO Jurijs Borovojs, COO Liam Fernandez, and former CEO Dan Fernandez. As part of Lambert’s appointment, Dan Fernandez will focus on new business opportunities.

Speaking on his appointment, Lambert said: “2022 has been a strong year for us so far, and we have more exciting announcements to come. We’re witnessing increasing demand from merchants for our services and we are continuously expanding as a result.

“I’m proud to take on the role of CEO and work alongside the management team to achieve our growth objectives for this year and beyond.”