Volt appoints PayPal veteran Matt Komorowski as CRO

Tasked with driving the adoption of open banking products with merchants, Matt Komorowski has been appointed as Volt’s new chief revenue officer (CRO) Real-time payments provider, Volt, has announced the hire of Matt Komorowski, who previously led PayPal’s channel partnership business across APAC, LATAM, and MEA. Komorowski joins Volt as its new chief revenue officer (CRO), after being with PayPal for over a decade. This is a key appointment for Volt, which last year announced a $23.5m funding round – the largest Series A ever for the open banking industry. Tom Greenwood, founder and CEO of Volt, comments: “We are delighted to have Matt onboard. At a key time for our business, he brings a wealth of experience in payments and in driving high-growth in scale organisations.” “Matt has proven his success in optimising revenue and strategic growth for global companies,” Greenwood continues. “Combined with his expertise in bringing innovative payments models to new markets, he’ll be invaluable in working with us to realise our vision of real time payments everywhere.”

Expanding to reach growing demand for real-time payments

This hire is another step in Volt’s plans for international growth, as demand for real-time payments soars. Komorowski is mandated to ensure the adoption of open banking, with merchants and PSPs worldwide, continues. Matt Komorowski, Chief Revenue Officer at Volt, says: “My role will focus on driving adoption for our open banking products across markets and business verticals, and on building the right organisation and hiring the best talent to start hyperscaling.” “Volt’s culture is centred around building an organisation where sales and product development interact and exchange information very quickly, ensuring merchants are getting the products that they need,” Komorowski continues. “As Volt scales, we want to make sure that that part of the culture remains at the core of its strategy.”

Transforming how companies receive payments

Founded in 2019, Volt recognised how open banking has the power to transform how businesses, wherever they happen to be, receive payments from their customers. The company set about building an open payments super gateway that enables merchants across the globe to receive direct, account-to-account payments – in real time. According to statista, Europe counted approximately 12.2 million open banking users in 2020, and this figure is expected to reach 63.8 million by 2024.