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IndustryUpdate

REPAY completes acquisition of KUBRA Mantzarioti said she was drawn to the company’s inno-
vation, talent and long-term vision.
Repay Holdings completed its $372 million cash acquisi-
tion of KUBRA, expanding its position in consumer bill SEI strengthens leadership team
payment services. REPAY said the addition of KUBRA
will increase its reach to more than 40 percent of U.S. SEI appointed Sneha Shah as chief AI strategist, Michael
and Canadian households each month and boost com- Tryniszewski as head of AI orchestration and William
bined annual payment volumes to more than $130 bil- Coffey as chief data officer as the company expands
lion. The company expects to achieve more than $15 its enterprise AI and data initiatives. Shah, who also
million in annual run-rate cost synergies and over $5 leads SEI Next, has more than 25 years of experience in
million in technology savings within three years. REPAY strategy, innovation and enterprise transformation, with
also raised its 2026 financial outlook to reflect KUBRA’s previous leadership roles at London Stock Exchange
contributions, projecting revenue of $490 million to $500 Group, Refinitiv and Thomson Reuters. Since joining SEI
million and adjusted EBITDA of $168.5 million to $176 in 2023, she has focused on developing the company’s
million. AI-native operating model and innovation strategy.
Tryniszewski brings to SEI more than two decades of
XFolio AI acquires Absolute Payment Solutions experience leading enterprise-scale transformation and
AI initiatives in regulated industries, including senior
Paris-based treasury and cash management technol- leadership roles at Takeda. Coffey adds expertise in data
ogy company XFolio AI acquired Absolute Payment strategy, cybersecurity and operational leadership, most
Solutions, a Pay.UK-accredited Bacs payment system recently serving as chief risk and data officer at AKUVO
service provider in the UK. The acquisition creates an and previously holding leadership roles at WSFS Bank
integrated platform combining Bacs and other payment and Vanguard. The executives will lead SEI’s efforts to
types, open banking, treasury management and risk scale AI, data services and enterprise innovation.
management capabilities for UK corporates. The compa-
nies said the combined offering will provide accredited Truist selects Lindsey Stampone
Bacs infrastructure alongside AI-driven forecasting and
multi-rail payment connectivity across SWIFT, API, H2H Truist Financial named Lindsey Stampone regional pres-
and EBICS rails without the cost and complexity often ident for Pennsylvania and New Jersey. Stampone brings
associated with enterprise platforms. The solution will nearly 20 years of commercial banking leadership expe-
be offered directly and through partners, banks and rience, most recently serving as New Jersey market exec-
intermediaries. Financial terms of the transaction were utive for Bank of America’s Global Commercial Bank.
not disclosed. During her career, she has led growth strategies and
delivered banking, treasury and capital markets solu-
APPOINTMENTS tions to middle market and large corporate clients. Her
background also includes leadership roles in business
banking, treasury sales, national sales teams, and region-
Paysecure appoints Vanessa Mantzarioti al strategy and operations. In her new role, Stampone
will oversee regional growth strategy, strengthen client
Vanessa Mantzarioti, Paysecure's new chief financial relationships and lead commercial and middle market
officer, is now in charge of the company’s global finance banking teams across Pennsylvania and New Jersey.
operations. Mantzarioti brings to Paysecure extensive
senior finance leadership experience across the payments Greg Westfall joins Stavtar
and fintech sectors, having served in CFO and strategic
finance roles throughout Europe and the Middle East. Greg Westfall signed on with business spend manage-
Her background includes scaling high-growth fintech ment firm Stavtar as global head of strategic accounts.
companies, building financial infrastructure and manag- Westfall joins the company after nearly 16 years at
ing complex cross-border operations requiring regula- Grant Thornton, where he held senior leadership roles
tory compliance across European and UAE markets. including chief revenue officer, chief growth officer and
national managing principal of the firm’s private equity
At Paysecure, she will join the executive leadership team practice. During his tenure, he led national growth ini-
and report directly to CEO and co-founder Amit Hooja. tiatives, built executive relationships with private equity
firms and portfolio companies, and helped expand the
firm’s financial services and private capital markets
Also find us on Facebook, businesses. In his new role, Westfall will help drive
LinkedIn & Twitter for the Stavtar’s global expansion and strategic account growth.
most up-to-date stories, He said he was attracted to the company’s differentiated
approach to business spend management, expense allo-
can’t miss events and newest cation and payments automation.
industry announcements.

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