Global payment solutions provider Flywire has appointed former Apple executive Rob Orgel as its President and Chief Operating Officer.
Orgel will oversee the company’s global payment network, business operations, finance, legal, compliance, and corporate strategy and development.
He will report to CEO Mike Massaro, who will focus his efforts on long-term goals and strategic partnerships. The company also aims to drive forward market expansion.
Mike Massaro, CEO, Flywire, said: “Flywire is no longer a startup and as we grow, we need to add not only leadership ability, but also demonstrated experience in scaling, developing and shaping an organisation for the future.
“Rob brings all of that and more with a customer-first mindset from Apple that fits perfectly with our culture here. I’ve had the opportunity to work with him before and know that he’ll add tremendous value to the business and the organisation as we write our next chapter.”
Previously, Orgel spent nearly 10 years at Apple as part of the leadership team that developed Apple Pay. Currently Apple Pay is available in 49 countries and has processed over 10bn transactions. In addition, Orgel was involved in the launch of the new Apple Card.
Orgel said: “It’s an incredibly exciting time to be joining a company on the fast track like Flywire where every day and every decision matters. Mike and the rest of the team have created tremendous success and momentum and I’m looking forward to doing my part to help the company accelerate its growth and expand its impact in the payments ecosystem.”
Before his stint at Apple, Orgel worked at m-Qube, a billing and payment platform acquired by Verisign.
The news comes after Flywire formed an alliance with Bank of America to improve cross-border payments. The solution offers a transparent foreign exchange rate to the customers and facilitates associated billing, payment and receipt process, the payments firm noted.