PCI Pal appoints Mufti Monim as new CTO

New PCI Pal CTO Monim, who joins from an almost three year tenure as CTO of retail finance cloud technology provider Deko, will be responsible for directing the strategic technical vision for the company.

Working with PCI Pal’s leadership team, Monim will use his extensive expertise and experience within cloud and payments technologies to further advance the company’s goal to be the preferred payment security provider for customer engagement environments.

As well as spearheading technology strategy, Monim will lead the newly formed product team at PCI Pal in the identification and development of future product enhancements and features as the company seeks to capitalise on growth opportunities.

During his time at Deko, Monim led the product and engineering teams, developing a platform used by more than 1,700 merchants and processing over 2 million credit applications, worth in excess of £2 billion.

Prior to this, the new appointment was head of technology at Lebara Money, where he created an international money transfer platform, achieving £100 million worth of transfers within its first 12 months of operation.

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“It is such an exciting time for me to be joining this high-growth cloud payment security business,” said new PCI Pal CTO Monim.

“Having established itself as the market leader for cloud solutions in its space, I’m thrilled to add my expertise in these areas to the existing management team at PCI Pal, and I see significant opportunities long into the future for both its technology and products.

“My previous two leadership roles have been at high-growth companies too, and I feel PCI Pal is at a hugely interesting stage of its development having established significant foundations for its cloud business globally to date.”

James Barham, CEO of PCI Pal, commented: “With Mufti’s hugely relevant cloud and payments background, plus his clear focus and drive as a high-energy technology leader, I believe that he will play a big part in the next evolutionary step in executing our technical vision and, longer-term, our product innovation capabilities.

“We are very excited to have Mufti join the PCI Pal family and can’t wait to see what we will accomplish together.”

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Aaron Hurst

Aaron Hurst is Information Age's senior reporter, providing news and features around the hottest trends across the tech industry.