16 August 2017
New leadership appointment signals triple digit year-on-year growth for Telr

Dubai UAE – Telr, the region’s leading online payment solution provider, appoints Wisam Fadel as Chief Technology Officer (CTO) and Pretam Raikar, as Head of Sales for Telr in the UAE. The new leadership team will play a critical role in supporting Telr’s continual growth strategy and in driving its leadership position in payment solutions across the region.

Sirish Kumar, Founder and CEO of Telr, said, “I’m delighted with the opportunity to welcome Wisam and Pretam to the Telr team. This infusion of new talent once again bolsters our deliberate investment in the UAE. For more than three years, we have been investing in data centres, core technology and our team – and the UAE has been our launch pad for partnering in local cashless and digital initiatives like the Smart Dubai Government project.”

The recent appointments highlight Telr’s focus on growth and investment in the Middle East.

Having worked in software development for more than 12 years, Fadel brings a wealth of fintech and industry expertise to his new role as CTO.  Prior to joining Telr, Fadel worked with Noon as well as amassing fintech experience with AIB, Deutsche Bank, Bank of America and MasterCard. In his new role, Fadel will oversee all Telr’s business operations with a remit covering product development, innovation and talent building. Working closely with Telr’s customers and acquirers, Fadel will also drive the development of innovative features, and map out the next phase of Telr’s development.

Commenting on his new role, Fadel said, “I look forward to working more closely with the team at Telr and to lay the foundation for continued fintech excellence. It is an exciting time for the company and I welcome this opportunity to be part of its growth.”

Completing the leadership team is Pretam Raikar, who joins as Telr’s Head of Sales. With more than sixteen years’ experience in the banking and payment industry, Raikar will be responsible for building Telr’s sales capability across the UAE and new territories in the MENA region. Raikar will also play a pivotal role in driving Telr’s strategic alliances with key partners in the payments and technology industries.

Commenting on his appointment, Raikar said, “I am very excited to be joining Wisam and the rest of the Telr team at such an exciting period of growth and I’m looking forward to driving excellence in technology at the forefront of a world-class proprietary technology business.”

The next twelve months will signal accelerated growth for Telr, as the company continues to expand as one of the region’s few true payment aggregators. The new appointments and recent investments received will enable Telr to customise solutions for new industries including taxi-hailing, the shared economy, and the travel and education sectors. With core technology, including Telr’s online anti-fraud solution, being built entirely in-house, diverse experience and now expanded senior leadership team, the company can offer to its clients new effective and innovative solutions that will help them stand out in a competitive market.

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About Telr: 
Telr is a one stop online payment solution provider committed to enabling e-commerce in the emerging markets, most importantly for SMEs in the MENA region, Southeast Asia and India. The company provides services to easily and securely accept and manage online payments - a critical aspect of the growth of the businesses of all sizes of online merchants. For more details, visit https://telr.com/

© Press Release 2017