Chief Financial Officer

Overview

Moneybookers, one of the largest online payment systems in Europe, is pursuing growth as a leading provider of payment systems in the E-commerce sector. Moneybookers offers local payment options in more than 40 countries and handles transactions of more than 10 million euros every day. Paul Goodridge was appointed as Chief Financial Officer to support Moneybookers' growth.

Paul Goodridge brings nearly 20 years of experience in senior financial management and controlling. Prior to Moneybookers, he served as Finance Director at CSR plc, where he was responsible for all financial and legal aspects of the business, as well as investor relations.

Responsibilities and achievements

During his tenure at CSR, he oversaw the course on the London Stock Exchange, contributing to one of the most successful IPOs in the technology sector in recent years. He helped transform a loss-making company with 70 employees and annual sales of $5 million into a larger, profitable organization. His experience in corporate finance and M&A is cited as a driver for pursuing new strategic options to accelerate growth.

Nickname quotes and result-focused statements are cited to illustrate the potential impact of his appointment on Moneybookers' growth strategy. The company emphasizes its position in the online payment industry and its integrated, low-cost payment system for online retailers, large commerce and auction platforms. Moneybookers provides risk management and marketing expertise and promotes innovative business models in micro- and macro-payment areas, along with low-cost money transfers domestically and internationally.

Company profile and services

Moneybookers operates its online payment system for more than 9,000 customers daily and positions itself as a secure, simple option for online shopping, real-time payments, and other transactions. The company serves end customers with convenient money transfers and supports its business customers with comprehensive payment solutions.

With services in more than 40 countries and localization in twelve languages, Moneybookers serves millions of account holders and collaborates with global E-Commerce brands. The company is regulated by the Financial Services Authority (FSA) in the United Kingdom and was founded in 2001 in London.