Based in the UK, Ansari will assume responsibility for overseeing all aspects of AstroPay’s global financial management and activities.
Ansari joins AstroPay from Paysafe Group, where he served as CFO of its Skrill division, as well as a member of the board, from September 2015 until March this year.
Prior to this, he was group financial controller at Skrill for seven years, while he also spent time as an audit executive at PricewaterhouseCoopers and audit supervisor at Simmons Gainsford Group.
“I am excited about working with a team that is passionate about the business, has a clear strategy and always puts customers’ needs first,” Ansari said. “With its commitment to global expansion, a strong business model, a focus on diversity and proud history, AstroPay is well positioned for extraordinary growth and impact.
“I believe the company’s unique value proposition and strong foundation will allow the business to grow and execute its vision of making payments much more accessible to customers around the world.”
AstroPay chief executive Mikael Lijtenstein added: “I am delighted to welcome Fayyaz to AstroPay where he will undoubtedly make an immediate impact as we aim to become the world’s leading payments platform. His wealth of experience will be essential in implementing our strategic plans to accelerate growth and position AstroPay for the future.
“Fayyaz and the team will contribute to our mission of providing financial freedom to millions of people worldwide. He is an excellent addition to the AstroPay team, and I look forward to working with him on our journey.”
The appointment comes after AstroPay was last month announced as the new principal partner of English Premier League football club Wolverhampton Wanderers.
AstroPay branding will appear on the front of Wolves players’ jerseys during the 2022-23 season, which kicks off later today (5 August).