Vyne, the account-to-account payments provider for merchants, has today announced the appointment of Luke Flomo as its new Chief Revenue Officer. The strategic hire brings with him a wealth of scaleup experience having previously held senior roles with fintech challenger brands including Laybuy, Trustly and Klarna. 

Founded in 2019 by true payments industry experts, Vyne’s full-stack open banking solution brings together decades of combined industry experience to ensure direct, secure, faster payments. Flomo’s hire comes at a pivotal time for the scaleup as it ramps up its ambitious revenue strategy which has included signing new clients across the retail, travel and fintech sectors. 

Karl MacGregor, CEO at Vyne, said: “We are thrilled to be welcoming Luke to the Vyne team and I’m personally delighted to be working with him once again. Luke brings with him exceptional experience of driving and managing revenue streams in high growth environments across the payments sector, and it is this expertise that we will be leveraging to full effect as we continue to use open banking technology to simplify payments and empower our growing merchant customer portfolio.”

Luke Flomo, Chief Revenue Officer at Vyne, added: “I’m delighted to be joining Vyne at such an exciting time in the company’s growth trajectory. The credibility of the leadership team, many of which I have worked with previously, and their stand out investment partners means Vyne is primed to scale at pace. I firmly believe my experience over the last ten years within the likes of Worldpay, Klarna and a number of high growth scale ups means I am well positioned to help the team realise their vision of democratising payments to the true benefit of their merchant customers.”

Last month Vyne announced its integration with the leading global, technology and business services firm for the remittance world, RemitONE. The deal gives RemitONE’s 100+ remittance clients instant access to Vyne’s payment solution, becoming the fastest, most cost effective way for their customers to send remittances globally.