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Time to read: 2 min

payabl. welcomes Lee Dunne to lead fintech’s banking strategy 

Man reaching out his hand for a handshake.
Image courtesy of Shutterstock.com

payabl. has announced the appointment of Lee Dunne, who joins the company as its new Head of Banking from Lloyds Banking Group.

In this role, Dunne will lead the fintech’s banking strategy, focusing primarily on building global financial partnerships and enhancing the company’s financial services infrastructure.

Ugne Buraciene, Group CEO of payabl., commented: “Lee joins payabl. at a very exciting stage of our growth. His expertise will be instrumental in advancing our Business Accounts offering and strengthening our financial partnerships.

“His strategic approach and industry knowledge will further enhance our ability to provide businesses with seamless financial solutions.”

Buraciene featured in the first edition of season two of Payment Expert’s ID Check: Payments Professionals. In the interview, she noted that the key to overcoming any challenge is your team – a sentiment reflected in Dunne’s appointment, as his experience and leadership will be crucial in driving payabl.’s next phase of growth.

At Lloyds Banking Group, Dunne served as Head of Embedded Finance, where he led the development and integration of embedded financial solutions for enterprise clients.

His career spans over 20 years in payments and banking, with previous roles at Barclays, Divido, and Worldpay, where he focused on driving commercial growth and leading strategic partnerships — responsibilities that will remain central to his new role at payabl.

Dunne’s appointment follows the launch of payabl. Business Accounts, a multi-currency IBAN solution designed to help businesses manage international transactions efficiently.

Commenting on his new role, Dunne said: “payabl. is at the forefront of transforming how businesses manage their financial operations. With the recent expansion of Business Accounts, we are providing companies with the flexibility and tools they need to transact globally with ease. I look forward to working with the team to build on this success and further develop our financial solutions, with announcements on the near horizon.”

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