PayPugs has announced the appointment of Gints Veidemanis as head of card department, with effect from January 31.

PP

In this newly created role, he will provide leadership and strategy for PayPugs' card solutions, including the development and execution of the overall product roadmap.

Veidemanis is joining PayPugs after having worked for more than 20 years in the banking sector. Early on in his career he joined the card department and learned about virtual and physical card operations.

Having worked in banks such as SEB, DNB (Luminor) and RIB (Regional Investment Bank), Veidemanis looks to take over PayPugs' card operations on an international scale. 

"I am delighted to have joined the PayPugs team," he said. "It is really exciting to join such an enthusiastic and fast-moving company. The vision set out is something that everyone can get behind.

"The international thinking was an appealing reason to join the company. I hope to do my best to implement the needed business practices in order to reach PayPugs' next phase of growth."

PayPugs is a licensed financial services provider with a global footprint. It focuses on providing banking, payment and other infrastructures through a well-developed banking-as-a-service solution.