Paysafe Taps Former Barclays and Amazon Executives to Its Digital Wallets Team

Leading specialised payments platform, Paysafe (NYSE:PSFE), has yesterday announced two leadership appointments to its Digital Wallets team as it continues to transform the business line under new Digital Wallets CEO, Chirag Patel. Rachel McShane is appointed as the division's Chief Financial Officer, and Megan Oxman takes on a newly created role as Senior Vice President of New Product Development.

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With 15 years' experience across the professional and financial services industry, McShane is a commercially focused finance leader who brings a wealth of expertise to the position. She joins from Barclays, where she spent the last 10 years of her career, most recently as Head of Finance for the Corporate Bank and Commercial Finance Director for Transaction Banking. Her background 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 deliver rich insight into the various market verticals Paysafe focuses on. McShane's position is effective immediately.

Meanwhile, Oxman, who joins Paysafe on March 1, brings a strong, international track record of driving growth and innovation for some of the world's biggest consumer brands.  She spent the last eight years on Amazon's payments team, where she was responsible for launching and operating multiple new consumer payments products.  Prior to Amazon she worked at the Bill & Melinda Gates Foundation where she worked with organisations to improve accessibility and use of financial services across the globe.  At Paysafe, she will lead new product development for the Digital Wallet's business, including various transformative initiatives such as the company's embedded finance solution which it recently launched with crypto exchange, Binance.