MiFinity Selects Jim Purcell as Chief Operating Officer

MiFinity, a global frontrunner in digital payments and financial technology, is thrilled to introduce Jim Purcell as its newly appointed Chief Operating Officer (COO). With a wealth of experience and a proven track record in propelling both private and public enterprises towards growth and scalability, Jim is set to be a pivotal asset to MiFinity as the company propels forward in the dynamic PayTech sector.

Commenting on the new role, Paul Kavanagh, CEO of MiFinity, said:

“Business is a competitive space, and the difference between who succeeds and who perishes is a leader with a strong vision. We have no doubts that Jim is such a leader. His appointment comes at a crucial time for MiFinity, as we are experiencing remarkable growth and are scaling at pace.”

Background of the New Member

Boasting over 25 years of financial management expertise, particularly in the software and technology domains, Mr. Purcell's extensive background includes serving as the Chief Financial Officer (CFO) of EBET Inc., an established online gaming brand.

In this role, he oversaw all facets of financial management and strategy, playing a pivotal role in driving EBET's growth from its early stages with limited revenues to surpassing $60 million in revenue by the time he departed. Prior to his tenure at EBET, Jim held senior positions at prominent firms like Ocuco, Viatel, and Cryptologic Ltd. His versatile experience brings a fresh outlook to MiFinity bolstering the company's adaptability, innovation, and excellence in an fast-increasing sector, benefiting its clients and partners.

Currently in the midst of a rapid expansion phase, MiFinity's addition of Jim Purcell to its leadership team is poised to be instrumental in the company's ongoing progression and triumph. Jim will play a pivotal role in steering MiFinity's management, scaling efforts, and overall evolution as the company continues to build momentum, solidifying MiFinity's dedication to delivering top-tier payment solutions and driving growth in this dynamic market.

About the Company

MiFinity, based in the UK, holds licenses from the FCA and is accredited by Union Pay International. These credentials enable the company to issue physical prepaid cards, offer acquiring services, and back the MoneyExpress remittance program. Its suite of payment solutions is not only cost-effective but also streamlined for maximum efficiency. With over 18 years of experience in the online payments realm, the company has established a global network of partners and employ a top-notch, highly secure, and fully regulated technology platform. They collaborate with specific providers who align with the growth strategy in both existing and emerging sectors.

The brand’s goal is to lead the market in the online payment sector. Catering to businesses, merchants, and consumers, its product range is designed to meet their specific needs. While its main hub is in Belfast, they also maintain regional offices in Dublin and Malta.

At the heart of the core services lies the MiFinity eWallet, facilitating seamless money transfers across the globe through our extensive bank network and local payment channels. Additionally, they have the capability to issue and oversee customized virtual card programs.

Comment: This is going to be a huge milestone for the company that goes from strength to strength in the industry and bolsters its team with new people!
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Source:

“MiFinity Appoints Jim Purcell as Chief Operating Officer”, europeangaming.eu, October 24, 2023.