As per the new role, Marc Mathenz will help Pine Labs in its next phase of growth and expansion across Asia and more.
Pine Labs today announced the appointment of Marc Mathenz as the Chief Financial Officer. The platform is expanding to newer markets with its tech-first Pay Later proposition, recently introduced a mass-use digital payments product like AllTap, and acquired Southeast Asia’s consumer fintech platform called Fave.
In his professional career, Mathenz has established a reputation for scaling and growing international businesses. With an entrepreneurial mindset, he expanded the Fiserv and First Data businesses in the APAC region; strategic M&A, skillful integration, and executed multi-country expansion. In addition to having been the Managing Director (CEO) of both Fiserv and First Data in APAC, he was also the regional CFO at First Data earlier.
Commenting on Mathenz’s appointment, B Amrish Rau, CEO, Pine Labs, said, “In this key phase of growth for Pine Labs, I am delighted to welcome Marc Mathenz as the next CFO. Marc takes over the reins from Sameer who has done a great job as CFO and now moves to a new role in Capital Markets for the organization”.
He adds, “Marc is a multidimensional leader with deep financial expertise and will help steer the Pine Labs battleship, which is poised for bigger and better milestones in its journey ahead. A great addition to our leadership team as we scale new frontiers in the times ahead. On a lighter note, I knew we had the right fit when Marc picked Moneyball as his favorite movie ever; a willingness to succeed against all odds, that’s a winner’s trait. I wish Marc the best”.
Marc Mathenz, CFO, Pine Labs, said, “I am very excited to be joining Pine Labs at this pivotal point in its journey. As the company sets out to become a merchant and consumer-focused payments and fintech market leader across the Asia Pacific, I hope that my experience in managing and scaling multi-country and multi-cultural businesses will help Pine Labs accelerate its already steep growth trajectory.”