Philippine payment startup PayRex has appointed Red Jaques Bernaldez as its new Chief Operating Officer (COO).
Bernaldez joins the fintech firm following his tenure as Head of Technology at ST Telemedia Global Data Centres (Philippines).
In a statement regarding his new role, Bernaldez expressed his intent to help modernise the digital payment landscape in the country.
Bernaldez expressed readiness for his new role, noting that the company will scale its solutions and support even more local merchants with secure, seamless e-payments.
His appointment comes at a pivotal time for the company, coinciding with the securing of US$2 million in Series A funding from digital transformation consultancy Kollab.
PayRex will use the fresh capital to fund new product development and expand its merchant base, a growth phase that Bernaldez will help oversee.
Featured image: Edited by Fintech News Philippines based on an image by anonto1458 via Freepik.
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