TrueLayer announces new CSO to accelerate market expansion

credit: Shutterstock
credit: Shutterstock

Open Banking payments firm TrueLayer has appointed Lisa Scott as its new Chief Strategy Officer to spearhead the company’s expansion into new markets. 

As well as pushing into new countries, Scott will also oversee responsibilities such as driving consumer engagement and enhancing the adoption of TrueLayer Open Banking solutions. 

TrueLayer Co-Founder and CTO, Luca Martinetti, commented on Scott’s appointment: “Lisa’s exceptional track record in taking products to market and consumer engagement speaks for itself. 

“We are determined to demonstrate the value of Open Banking and bank-app payments to consumers, and Lisa is the right person to help us do that. Her insights and leadership will be crucial as we continue to expand, explore new use cases and deepen customer engagement in the evolving financial landscape.”

Scott joins TrueLayer from the fintech Banked, where she was CEO for Europe, in charge of regional growth in Open Banking. 

She has been deeply involved in the Open Banking sector and building out real-time capabilities, drawing on her extensive experience at PayPal, where she developed the UK credit product. 

Scott added: “We’re seeing a significant reduction in barriers to entry for open banking payments, which presents a tremendous opportunity to broaden the payments ecosystem across various verticals and bring alternative payment methods to consumers. This will be a major focus of my work.

“TrueLayer is not only at the forefront of introducing open banking to new markets, but also excels in enhancing user experiences with its payments solutions.”