Gregory previously served as managing director of Wise Business and Wise Platform at Wise (formerly TransferWise), spending his five years in those positions building, launching and scaling business propositions to represent 20% of Wise at its recent £9 billion listing.
In addition, he hired and led the business product and sales teams, as well as supporting other areas including customer support and product risk.
Prior to Wise, Gregory was vice-president of product at Paysafe Group, holding responsibility for all consumer products, representing €100 million of revenue.
Before this, he was vice-president and head of Visa Checkout Product Development, at Visa Europe, which involved shaping the digital wallet into a product available for member banks, in a £150 million project.
The biggest senior technology hires in 2021
“Embedded finance is a huge opportunity. It finally moves us beyond stand-alone financial services, and brings them directly into the context of our relationships with people and brands,” said new Railsbank CPO Gregory.
“I’ve been watching Railsbank closely for a few years, as I think they uniquely have the vision to solve this both globally and in a fundamental way.
“I’m excited to join and see the next generation of experiences that we’re going to design and enable with our partners.”
Nigel Verdon, co-founder and CEO of Railsbank, commented: “It is with great pleasure that we welcome Stuart to the team, and he has already made a significant contribution at what is a very exciting time for us.
“We value his insights, knowledge and experience of scaling a business which will be of benefit to both our customers and the Railsbank team.
“Railsbank continues to rapidly expand and Stuart will play a leading role in our future ambitions.”
Railsbank, founded in 2016, operates in the emerging embedded finance and BaaP spaces, helping customers to prototype, build and scale any financial use case.
APIs provided by Railsbank can be used as building blocks to deliver products for end users, including apps that help manage and distribute money in real-time, reflecting the needs of financial consumers.
The company acts as both a regulated financial institution and principle card issuing member of Visa and Mastercard.